closedEnded 5 years ago · Snapshot (Offchain)
Fee Change on FTT (FTX TOKEN) to 1%
By 0x21dB...18AF45Continue Reading
Hello Happy Bancor Frens:
We currently have a pool for FTT: https://coinmarketcap.com/currencies/ftx-token/
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 1%. At the moment, given the small pool size volume is likely coming from arbs anyway. Let them pay 1%.
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 1% Vote AGAINST to keep the fee as is
Connect Wallet to Add Note
0Votes 78
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xc32E...35cC22 | 4M | FOR |
 0xdD70...D58202 | 1.216M | AGAINST |
 0xDf12...FD74a9 | 575,980 | AGAINST |
 0x9326...aC7Ed9 | 498,596 | AGAINST |
 0x268C...A3aa14 | 178,730 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Mon August 02 2021, 06:30 pmVoting Period Starts
- Thu August 05 2021, 06:30 pmEnd Voting Period
Current Results
1-FOR
4.815M
2-AGAINST
3.088M