Chart of The Day: Terra Leads CVX Accumulation
Terra has been a huge accumulator of CVX, growing to be the largest CVX held by a DAO in 4 months. Over the past 30 days, they have accumulated around 649k of CVX, pushing them ahead of Frax Finance to be the largest DAO holders of CVX. This comes as Terra has been using the 250M UST from the community fund to farm and stack CVX and CRV. This allows Terra to build up their own treasury of CVX and CRV to direct incentives towards their own pools and may allow them to taper Votium bribe spending.