- #Frax #Finance #community introduces new governance proposal on August 14th.
- Proposal suggests using 1 million FRAX from DAO treasury to purchase #CRV tokens from Curve Finance founder via OTC transaction.
- Acquired CRV #tokens won't be sold but staked in veCRV or cvxCRV.
- Aim is to enhance development within Curve ecosystem and support future growth of Frax Finance.
- Proposal signifies intention to strengthen position within Curve ecosystem.
- If approved, CRV token purchase with FRAX could benefit Frax Finance and users by promoting growth and ecosystem position enhancement.
