Wonderland holds 1,120,469 CVX tokens in its treasury.
Wonderland and Abracadabra are parts of the MIM ecosystem, but also independent protocols.
Wonderland has used its CVX tokens to help Abracadabra with a vote on magicCRV curve pool. This pool is very important for MIM/Abra ecosystem. However, CVX votes can be selling on the open market for a decent revenue.
This brings up the question about future utilization of the Wonderland treasury assets: How should wonderland use its CVX votes or other funds in its treasury?
Proposal: Future CVX bribes need to be paid in SPELL tokens from Abracadabra to Wonderland, otherwise Wonderland will not use its votes to incentivize magicCRV pool.
How should Wonderland use its treasury assets or other funds in its treasury?
- Continue to help Abracadabra for free
- Continue to help Abracadabra only when paid