Proposal to extend LM on SNX for an additional 12 weeks
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.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xdD70...D58202 | 2.192M | FOR |
0x9B5e...6d0499 | 1.404M | FOR |
0xb464...16940e | 299,500 | FOR |
0x57e5...870916 | 181,449 | FOR |
0x61a1...9Ccd8C | 160,671 | FOR |
VOTE POWER
Proposal Status
- Wed April 14 2021, 10:05 pmVoting Period Starts
- Sat April 17 2021, 10:05 pmEnd Voting Period
Current Results
1-FOR
5.846M
