This proposal is to decide on whether we should restart bonds with an increased variable vesting period.
Motivation Previously as we traded low near our backing price, we raised minimum bond price to $100. We did so as to protect our stakers as this helps supports price in 2 ways: 1️⃣ Shutting off bonding reduces dilution of FORT via minting 2️⃣ People will need to market buy FORT to join staking, helping drive market price up
However, in doing so, while price has remained supported, we have no revenue to our treasury as it is not attractive to bond. To support our next phase of development, we anticipate the need for our treasury to grow. Hence, we are proposing to remove the minimum and bring bond discounts back to a positive value. To combat the dilution from this, we will increase vesting period with different variation.
Quorum Standards The option with at least 30% of the votes will then be adopted.
Options