# Acquire and use CVX to position ParaSwap in the Curve Wars

**URL:** <https://gov.velora.xyz/t/acquire-and-use-cvx-to-position-paraswap-in-the-curve-wars/653>\
**Category:** Research and Discussion\
**Tags:** psp-liquidity\
**Created:** [February 3, 2022, 2:58pm UTC](https://gov.velora.xyz/t/acquire-and-use-cvx-to-position-paraswap-in-the-curve-wars/653 "2022-02-03T14:58:13Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![0xYtocin](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/0xytocin/32/77_2.png) [@0xYtocin](https://gov.velora.xyz/u/0xYtocin)\
**Post date:** [February 5, 2022, 12:08am UTC](https://gov.velora.xyz/t/acquire-and-use-cvx-to-position-paraswap-in-the-curve-wars/653/3 "2022-02-05T00:08:31Z")

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Absolutely love all the different solutions being proposed, I feel that if the acquisition of CVX is important we cannot simply market sell PSP when the market is so volatile and the token is still so low volume.

I personally was not aware on how different CRV pools were from the competition! I had a couple of points I wanted to ask , hopefully these answers help me and others understand the importance of convex and curve better 🙂

- Just for a sense of scale, is there currently an approximate amount of CVX that would be ideal to hold for the DAO, even as a long term objective? Maybe we could establish goals relative to $PSP’s market cap at the time, and adjust strategies depending on the mismatch between the amount of CVX held and the current market cap?

- Obviously, as a DAO these is more importance in these tokens for governance and rewards offering than for fees revenue, but are the pool revenue fees currently consistent enough to estimate a ROI from purchasing CVX? I feel many of these proposals would be a lot more appealing if PSP holders would know that this purchase might end up appreciating well beyond its initial cost in the long term.

Also worth mentioning in here , but on the span of ~2 months we’ve accrued 15k in CRV+CVX from positive slippage alone. It might be a good idea to get a proposal out to put at least those tokens to work ASAP to start accruing yields and governance power, and afterwards work on these other methods

> [@Positive Slippage Income](https://gov.velora.xyz/t/positive-slippage-income/589):
>
> Hey Swappers! I need all your brains Context: Following various discussions in the discord a proposal to improve the use of positive slippage has been stated: More context [here](https://gm.xyz/c/paraswap/a6279827-d86e-483f-a903-817521033ec7) - but to summarize it would be to use positive slippage to buy ETH and redistribute it to the $PSP staker. Several advantages here: creates a real incentive to hold $PSP (becomes a productive asset) prevents massive dumping of $PSP possibility to choose another token to distribute to stakers The problem now is to …

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