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Frax Finance

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Proposal
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closedEnded 4 years ago ยท Snapshot (Offchain)

$25m CVX Acquisition

By 0x5635...F28B5B

Please see proposal thread here > https://gov.frax.finance/t/25m-cvx-acquisition-fund/730

The markets have been dumping pretty hard the last few weeks and this could be a good time to start buying up more profit making assets, so i propose we start buying CVX directly off the open market.

FOR = FRAX protocol will buy $25m of CVX

AGAINST = do nothing.

*If this action is supported by the people of FRAX then we can look at adding to our CVX position again in another vote at a later date.

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Connect Wallet to Add Note
0
Votes 46
VoterCast PowerVote & Rationale
0xE026...b54f89
1.546M

FOR

0xA81a...757538
527,614

FOR

0x8df9...144385
415,283

FOR

0x3F3B...853fFD
371,539

FOR

0x3c28...4997A6
307,973

FOR

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VOTE POWER
0
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Proposal Status
  • Sat January 29 2022, 12:00 pmVoting Period Starts
  • Tue February 01 2022, 12:00 pmEnd Voting Period
Current Results

1-FOR

3.91M

99.94%

2-AGAINST

2,528.735

0.06%
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