CVX Strategy Modification

KIPs Draft
#1

KIPx: CVX Strategy Modification

Proposal

Propose extending the CVX purchase window.

Background

To allow greater flexibility for continued execution/accumulation of a CVX position, we should remove the deadline. This will avoid arbitrary constraints and allow us to execute at the time of our choosing.
Subsequent review could alter the overall strategy, and the DAO will continue to monitor the progress of the purchases to make sure that execution is aligned with priorities.

Specification

Remove the deadline to acquire 1M CVX.

4 Likes
#2

Agree with this proposal. The more flexibility there is on the cvx aquisition the better. Keeping the window forces the execution teams hands. This proposal should include delegation of execution which increases the flexibility even more.