Summary
Make token incentive more fit to the market.
** Background **
BendDAO was once a platform focused only on ETH lending, but now we are now multi-assets lending platform, and we are going to make it multi-chain with different version protocols ,so the incentive of bend token on ETH is not suitable anymore.
** Motivation **
Phase 1: Idea or Draft Minimum number of supports: 10 - Pass Discord Idea: https://discord.com/channels/897709643948761148/1209116674838757386
Phase 2: BendDAO Forum Discord Minimum number of voters: 10 - Pass Forum:
Adjust the bend token incentive to fit the protocol in the future - BIP Ideas - BendDAO
Phase 3: On-chain voting Voting Quorum: Approximately 56M veBEND (10% of the total supply) Pass Rate: Over 70% Approve. The voting will last for 7 days.
Changes None
$BEND Token Incentives: All the token incentive for ETH lending now will stop