JPEG'd DAO participants are currently deliberating on the best approach to allocate a bounty of $1 million.
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All generated proceeds from implementing this strategy will be retained in Abracadabra's treasury and allocated towards mitigating the DAO risk related to CRV's liquidity conditions.
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Nearly 3% of the Bored Ape collection has been put up as collateral on the NFT lending platform BendDAO, and many NFTs have recently entered the 'danger zone' of being liquidated.
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