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BancorBancorby0xdfCAD9Da6649a47D808a30A7707de5a54aA0aa210xdfCA…aa21

Proposal to set funding limit to 0 on RPL 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

  • RPL 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.

For

Set the funding limit to 0 on the RPL pool if it is currently in surplus. Otherwise, if at any point in the future of this proposal passing the pool goes into surplus then the funding limit can be set to 0.

Against

Do nothing.

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 RPL Bancor 3 pool

Timeline

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