BIP#28-1: To adjust the eligibility requirement of the 30-day average floor price

Summary

Given these encouraging market trends, it's time to reconsidering BIP#28 which was proposed to adjust the bluechip NFT eligibility requirements, specifically the collection's 30-day average floor price criterion. The BIP#28 did not pass, and according to governance rules, a new snapshot vote can be initiated again after one month.

Benefits of Adjusting Eligibility Requirements:

User Growth: By revising the requirements, BendDAO can include a broader range of NFT collections as eligible collateral. This inclusivity will potentially attract more users, diversifying and strengthening the user base.

Increased Brand Awareness in the NFT Market: Expanding eligible NFT collection portfolio positions BendDAO as a dynamic and responsive platform in the NFT space. This adaptability enhances our brand image, aligning BendDAO with the evolving trends and user interests in the market.

Adjusting the bluechip NFT eligibility requirements is a strategic move that aligns with current market trends and positions BendDAO for increased user engagement and brand awareness in the evolving NFT landscape.

Background

As per the community governance rules:

• Forum Resubmission
  • Minimum number of voters: 13 - Approved
  • BIP#28-1: https://governance.benddao.xyz/t/bip-28-1-to-adjust-the-requirement-of-the-30-day-average-floor-price/624
• Phase 3: On-chain voting
  • Voting Quorum: Approximately 84M veBEND (20% of the total supply)
  • Pass Rate: Less than 20% disapproval.
  • The voting will last for 7 days.

Related BIPs

BIP#28: https://snapshot.org/#/benddao.eth/proposal/0x969625eba67a2ff6d73d46039fc438f9103b498697cea6646aa8c13b7af53c1b BIP#7: https://snapshot.org/#/benddao.eth/proposal/0xae941ac51880c53ac9b534195f8c359f165cf61debcb56932698603db8e4c48d