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BancorBancorby0xc26892F608B3E97A24149F9C273449416e222060definavigator.eth

Proposal to disable deposits on BNB

Voting ended almost 4 years agoSucceeded

TL;DR

As the ERC20 BNB has become less useful, this proposal suggests we disable deposits BNB was once a very important token to Ethereum BNB’s primary use case is now on BNB chain BNB’s only other use case is on the CEX itself Current liquidity on Bancor is less than $500 worth of BNB

Sources describing the uses of BNB

https://www.binance.com/en/bnb#BNB-RIGHT

https://www.investopedia.com/terms/b/binance-coin-bnb.asp

Even if 10X the total BNB liquidity on Bancor came into the pool, it would still not be bootstrapped

Voting Instructions

To disable deposits permanently on BNB, vote FOR this proposal.

To do nothing, vote AGAINST.

You may ABSTAIN to help reach quorum, without making a decision one way or another

Off-Chain Vote

For
3.49M vBNT63.6%
Against
16.29 vBNT0%
Abstain
2M vBNT36.4%
Download mobile app to vote

Discussion

Bancor Proposal to disable deposits on BNB

Timeline

Jun 19, 2022Proposal created
Jun 19, 2022Proposal vote started
Jun 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated