FRAX $25m war chest

There has been a few times when FRAX has seen an opportunity to make a quick investment and has not been able to react due to the time needed to take a vote. So i would like to propose the following

we allocate up to $25m to a war chest fund for the FRAX team to use as they please to buy assets or pay for services that will benefit the FRAX protocol.

the vote will be as follows.

1, allocate $25m
2, allocate $10m
3, do nothing

once this fund is used we will have to vote again to re-fill the fund.

1 Like