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BancorBancorby0x21dBF2e0a5f377F7098439B64fb5A67a5d18AF45bancoralchemist.eth

Proposal to extend LM on SNX for an additional 12 weeks

Voting ended almost 5 years agoSucceeded

Read the original proposal on Discourse

TL;DR

  • Increase LM rewards on the SNX pool for a further 12 weeks.
  • SNX has been a top performer on the Bancor Network.

Voting Instructions

Vote FOR to extend LM rewards on SNX for 12 weeks Vote AGAINST to let LM rewards on SNX run out in 6 days

  • Stake BNT in a protected pool on http://bancor.network
  • Stake vBNT in the governance contract on Ethereum
  • Use vBNT to vote on Snapshot

Discussion

The SNX pool has been one of the best performers on the Bancor Network ranging between 1-2M dollars in daily volume and currently sits at around 41M TVL. In my opinion, SNX is a bluechip project and will only grow in trading volume in the near future. The LM expires in 10 days. To support the total locked SNX value on the network, I am asking the community to consider extending the SNX LM program for a further 12 weeks.

Off-Chain Vote

FOR
5.85M 100%
AGAINST
0 0%
Download mobile app to vote

Timeline

Apr 14, 2021Proposal created
Apr 14, 2021Proposal vote started
Apr 17, 2021Proposal vote ended
Oct 08, 2025Proposal updated