Proposal: Remove Primordial Pool Rewards instead of reallocating

This proposal is expected to appear on Snapshot for voting on June 19, 2022. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.

To pass, this proposal needs a quorum of 35% and 80% FOR votes.

TL;DR

• Eliminate the 980,000 BNT that were reallocated from the ‘Primordial Pools’ to BNT stakers

Overview

This proposal seeks to amend the previous proposal “Proposal to End BNT Emissions for the “Primordial Pools” and Reallocate the Same Emissions Budget to BNT Staking”.

Keep our Friends Happy

The recent vote to reallocate 980,000 BNT rewards from Token LPs to BNT holders has left many Token LPs with an unfair feeling. They were promised rewards, which are now being taken away.

I propose a peace offering—we simply eliminate these rewards.

It is my hope that this proposal will at least slightly help mend the feeling of betrayal I’ve heard expressed by token LPs at their expected rewards being taken away.

Voting Instructions

FOR Do not create a Standard Rewards program for BNT.

AGAINST Do nothing. The BNT pool will receive 980k BNT over 6 months as Standard Rewards.