Proposal to set funding limit to 0 on vBNT Bancor 3 pool
This proposal is split from the discussion that has happened in this thread
Bancorians for a stronger BNT - Community Chatroom (DISCUSSION) - Bancor Governance Forum
and Bancorians should read that post to have an understanding about this proposal
TL;DR
- vBNT pool on Bancor v3 might have a surplus in the future
- This proposal is looking to set the funding limit to 0 if it goes into surplus in the future
Summary
This is fairly simple and straight forward. Setting the funding limit to 0 on a Bancor 3 pool means that it no longer trades as there is no BNT liquidity allocated to it. Any BNT liquidity currently allocated to the pool is burned.
For
Set the funding limit to 0 on the vBNT pool if it is currently in surplus. Otherwise, if at any point in the future of this proposal passing the pool goes into surplus then the funding limit can be set to 0.
Against
Do nothing.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xc32E...35cC22 | 2M | Abstain |
 0x4571...9b30bE | 318,307 | For |
 0x21dB...18AF45 | 233,857 | For |
 0x9268...dc3641 | 149,075 | For |
 0x9326...aC7Ed9 | 62,883 | For |
VOTE POWER
Proposal Status
- Sun October 15 2023, 01:00 pmVoting Period Starts
- Wed October 18 2023, 04:00 pmEnd Voting Period
Current Results
1-Abstain
2M
2-For
816,046.216