TechFlow reports, according to the Snapshot page, that the Frax Finance community proposal on "using community treasury funds to purchase CRV" has passed voting.
The proposal states that Frax Finance will use 1 million FRAX from the FRAX DAO treasury to acquire CRV from Curve’s founder via OTC. The treasury will not sell these CRV tokens but instead stake them in veCRV (through Frax's whitelisted locking contract) or cvxCRV, aiming to advance Frax’s development within the Curve ecosystem.
Add to Favorites
Share to Social Media
