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BancorBancorby0xa521E425f37aCC731651565B41Ce3E5022274F4Ftenzent.eth

Proposal: Change Fee on FTT (FTX TOKEN) to .5%

Voting ended over 4 years agoSucceeded

To be pushed to Snapshot on August 8th

Hello Happy Bancor Frens:

We currently have a pool for FTT: FTX Token price today, FTT live marketcap, chart, and info | CoinMarketCap

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However, the pool has under $1,000 of space for FTT LPs and isn’t really attractive given the tiny pool size and low volume.

I hope to solve this in 2 steps:

Step 1 (this proposal): Change the fee to .5% to make a decent APR.

Step 2 (in the coming weeks): Once the pool has some time with the new fee, I will write a proposal for increased co investment. At that point, I hope the APY will be large enough to attract much more liquidity.

Vote FOR to change the fee to .5% Vote AGAINST to keep the fee as is

Off-Chain Vote

FOR
8.55M 90.9%
AGAINST
859.62K 9.1%
Download mobile app to vote

Timeline

Aug 08, 2021Proposal created
Aug 08, 2021Proposal vote started
Aug 11, 2021Proposal vote ended
Mar 15, 2024Proposal updated