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BancorBancorby0x21dBF2e0a5f377F7098439B64fb5A67a5d18AF45bancoralchemist.eth

Add Liquidity Mining rewards for BAT

Voting ended almost 5 years agoSucceeded

Read the original proposal on Discoure

TL;DR

  • Appears there is strong support to add $2M of BNT co-investment to grow the BAT pool.
  • Adding LM rewards will incentivize the switch from other DEXes to move to Bancor.
  • BAT is one of the largest pools that hasn’t benefitted from LM. Adding the $2M co-investment and LM will grow this pool into a good size quickly.

Justification

BAT is a strong token that doesn’t offer any innate staking ability for token holders. Providing LM will grow this pool quickly and help fill the new space created if the co-investment passes.

Off-Chain Vote

FOR
3.08M 92.7%
AGAINST
241.22K 7.3%
Download mobile app to vote

Timeline

May 03, 2021Proposal created
May 03, 2021Proposal vote started
May 06, 2021Proposal vote ended
Oct 08, 2025Proposal updated