BIP 28 - BNT Burning Policy and Procedures on Carbon

This decision relates to the proposed use of the Bancor Vortex to perform exchange between the protocol's accumulated tokens and BNT for the purpose of returning token balances on Bancor's legacy protocols to surplus.

• Vote FOR to agree to the proposed Vortex implementation, and the following revision to a prior vote: “no less than 98% and up to 100% of the protocol fees from Carbon should be used to recover BNT for the express purpose of burning it, where the difference between the burning efficiency and 100% is attributable to the cost of incentivizing the contract’s caller”.

• Vote AGAINST to disagree with the proposed use of the Bancor Vortex, and/or the provided revisions to the prior vote, requiring a future proposal.