Just helping with the cross-posting of information here, @fcmartinelli over at Balancer has commented over in the budget thread, and they have proposed some very interesting ideas! PSP-BPΔ1-3: Curve war & $CVX budget (45M $PSP, 18.93% budget) - #7 by fcmartinelli
Balancer is already a very important component of PSP thanks to the safety module, which gives us a reason to focus more attention here for now. Additionally, the DAO member has already mentioned in the thread that they’d be interested in an OTC Treasury swap to help the acquisition of BAL for us to participate in it.
This ability to acquire voting tokens without tanking the price, combined with the importance of the Balancer pool and how relatively early we’d be for these biddings makes me think that we should focus a significant amount of our budget here. Curve/CVX acquisition can still be going on in the background through less harmful methods like bonds and NFT selling in ETH, but this could be a great opportunity for us to acquire voting power directly and very quickly in the current stage.