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BancorBancorby0xc26892F608B3E97A24149F9C273449416e222060definavigator.eth

Proposal: Enable LM rewards on EDEN-BNT pool plus 400K Co-Investment Increase in exchange for an EDEN slot

Voting ended over 4 years agoSucceeded

This proposal is expected to appear on Snapshot for voting on Sunday the 19th at 5:00 AM. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.

We propose that Bancor Network offer liquidity rewards for the EDEN Pool for 12 weeks.

Eden Network will use the equivalent USD value of EDEN tokens and best efforts to bid on slot ownership which gives Bancor users prioritisation on their trades for all Bancor Network transactions.

We also propose to increase our co-investment into the pool to 400,000 BNT.

This will create a mutually beneficial relationship with more USD volume for EDEN going through the Bancor Network as well as trades on Bancor being prioritised using the rewards value to help secure Bancor as a slot tenant.

Vote FOR: To provide LM rewards to the EDEN pool and increase the co-investment to 400,000

Vote AGAINST: To make no change

Off-Chain Vote

FOR
6.02M 76%
AGAINST
1.9M 24%
Download mobile app to vote

Timeline

Sep 19, 2021Proposal created
Sep 20, 2021Proposal vote started
Sep 23, 2021Proposal vote ended
Oct 26, 2023Proposal updated