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BancorBancorby0xdfCAD9Da6649a47D808a30A7707de5a54aA0aa210xdfCA…aa21

Proposal to disable BNT deposits in Bancor 3

Voting ended over 2 years agoSucceeded

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

https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434

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

TL;DR

BNT is now a governance token of the Bancor protocol. Users can stake their BNT in the new governance contract to get voting power. BNT should no longer be allowed to be staked into the Bancor 3 protocol which is being sunset.

Summary

This is a fairly simple and straight forward proposal. Bancor 3 is a protocol in the process of being sunset and to be shutdown. Bancorians should NOT have any dependency on Bancor 3. This proposal is looking to disable BNT staking into a protocol that is being sunset.

Bancorians should be able to stake BNT on the new Bancor site and be able get voting power in governance. How will BNT staking be disabled from Bancor 3? That I will leave to the devs, the only thing that’s important is that it happens safe manner.

For

Disable BNT deposits into Bancor 3

Against

Do nothing.

Off-Chain Vote

For
370.31K vBNT15.6%
Against
0 vBNT0%
Abstain
2M vBNT84.4%
Download mobile app to vote

Discussion

BancorProposal to disable BNT deposits in Bancor 3

Timeline

Oct 20, 2023Proposal created
Oct 22, 2023Proposal vote started
Oct 25, 2023Proposal vote ended
Oct 26, 2023Proposal updated