The Frax DAO community released a new governance proposal. The proposal proposes to use 1 million FRAX in the DAO treasury to purchase CRV tokens from Curve founders through OTC. The proposal states that the acquired CRV tokens will not be sold, but instead be mortgaged in veCRV (through Frax’s whitelist lock contract) or cvxCRV. Purchasing CRV tokens will benefit Frax’s development within the Curve ecosystem and help the Frax Finance ecosystem grow in the future. The deadline to vote is August 18th at 8:20am.