Proposal: Change Fee on FTT (FTX TOKEN) to .5%
To be pushed to Snapshot on August 8th
Hello Happy Bancor Frens:
We currently have a pool for FTT: FTX Token price today, FTT live marketcap, chart, and info | CoinMarketCap

However, the pool has under $1,000 of space for FTT LPs and isn’t really attractive given the tiny pool size and low volume.
I hope to solve this in 2 steps:
Step 1 (this proposal): Change the fee to .5% to make a decent APR.
Step 2 (in the coming weeks): Once the pool has some time with the new fee, I will write a proposal for increased co investment. At that point, I hope the APY will be large enough to attract much more liquidity.
Vote FOR to change the fee to .5% Vote AGAINST to keep the fee as is
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xc32E...35cC22 | 4M | FOR |
0xdD70...D58202 | 1.216M | FOR |
0x374a...ff46B9 | 665,434 | FOR |
0x4862...527Df6 | 646,366 | FOR |
0xDf12...FD74a9 | 575,980 | FOR |
VOTE POWER
Proposal Status
- Sun August 08 2021, 12:00 pmVoting Period Starts
- Wed August 11 2021, 12:00 pmEnd Voting Period
Current Results
1-FOR
8.554M
2-AGAINST
859,624.167
