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closedEnded 5 years ago · Snapshot (Offchain)

Proposal: Change Fee on FTT (FTX TOKEN) to .5%

By 0xa521...274F4F

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

image

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

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0
Votes 78
VoterCast PowerVote & 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

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VOTE POWER
0
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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

90.87%

2-AGAINST

859,624.167

9.13%
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