Proposal to Determine Whitelisting Status of sBTC on Bancor V3

TL;DR

• BIP17 allowed for the migration of all active V2.1 pools to V3
• The DAO’s whitelisting requirements are here
• There are certain cases in which tokens were whitelisted before these requirements were in place.
• This proposal is for the DAO to vote specifically on some of these pools where the token contract may add significant risk.
• NOTE: These exceptions are only possible for tokens that were whitelisted in V2.1.
• Other tokens that were not whitelisted on V2.1 have no such exemptions as they were not live on Bancor before the whitelisting requirements were in place.

Summary:

• As outlined in the recent blog post there are 9 tokens that will be each brought up specifically for the DAO to vote on a white listing in V3.
• This proposal is for sBTC
• sBTC’s token contract allows for burning of aBTC in any account, including the token vault contract on Bancor V3.
• Link to contract: https://etherscan.io/token/0xfE18be6b3Bd88A2D2A7f928d00292E7a9963CfC6

Voting Instructions:

To whitelist sBTC on Bancor V3, vote FOR this proposal

To do nothing, vote AGAINST this proposal