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BancorBancorby0xdfCAD9Da6649a47D808a30A7707de5a54aA0aa210xdfCA…aa21

Proposal to set funding limit to 0 on ETH Bancor 3 pool

Voting ended over 2 years agoSucceeded

This proposal is split from the discussion that has happened in this thread

https://gov.bancor.network/t/proposal-to-start-sunsetting-bancor-v3/4279

and Bancorians should read that post to have an understanding about this proposal

TL;DR

  • ETH pool on Bancor v3 might have a surplus in the future
  • This proposal is looking to set the funding limit to 0 if it goes into surplus in the future

Summary

This is fairly simple and straight forward. Setting the funding limit to 0 on a Bancor 3 pool means that it no longer trades as there is no BNT liquidity allocated to it. Any BNT liquidity currently allocated to the pool is burned.

Off-Chain Vote

For
895.04K vBNT30.9%
Against
0 vBNT0%
Abstain
2M vBNT69.1%
Download mobile app to vote

Discussion

BancorProposal to set funding limit to 0 on ETH Bancor 3 pool

Timeline

Aug 20, 2023Proposal created
Aug 20, 2023Proposal vote started
Aug 23, 2023Proposal vote ended
Oct 26, 2023Proposal updated