With Bancor decentralized liquidity will never be the same.

Mark Richardson expressed:  The recent onrush of governance participation is amazing to watch, and an exceptionally well-timed upgrade to the Snapshot infrastructure now offers a means to maintain momentum: Vote delegation. If nothing else, this has been more effective at getting useless vBNT stakers to act than all previous efforts combined. If you are being activated – STAY ACTIVE. We have been pretty vocal about potential governance problems due to lack of participation.

In the past weeks, most votes showed that the Quorm wasn’t reached. There were no successful votes; however, the rewards got extended.

Reportedly, they have had a second proposal for WBTC, Link, and stablecoin pools which passed with quorum this week. The ETH pool rewards passed with the first vote and met quorum last week.

Talking about the BANCOR VOTE FIASCO Moonboy in Ocean:

TLDR: Some whales are voting against the extension of BNT rewards on some of the major pools (WBTC, Stablecoins, LINK). Instead of whining and throwing our toys out of the cot, here’s two things what we can do.

Write another proposal for half the rewards (assuming the whales are concerned with excessive rewards/dilution). Half the rewards still put stablecoin stakers at 30% APR on BNT rewards. We retain sizable TVL and hopefully similar volume capture.

Rally all vBNT holders to stake and vote. There is 200mn BNT in existence yet only 13mn vBNT is staked and voting. If this is not a call to arms for you guys to start taking ownership, I’m not sure what is. Tagging the Bancor army here to help circulate.

For those who are new:  Bancor is a liquidity protocol that enables automated, decentralized exchange.

Bancor allows users to trade and earn. Users will be able to trade tokens and earn interest on their favorite tokens on the Bancor decentralized exchange.

For those who trade:  Fast, secure, trading at the best prices with no sign-ups or registrations.

For those who are looking to earn:  Stake tokens to earn fees and rewards with impermanent loss protection.

Bancor is the first decentralized trading protocol, which empowering traders, liquidity providers and developers to participate in an open financial marketplace with no barriers to entry. Further, no one needs permission to use the open-source Bancor Protocol.

Bancor is owned and operated by its community as a decentralized autonomous organization (DAO). The Bancor Protocol is governed via a democratic and transparent voting system which allows all stakeholders to get involved and shape Bancor’s future.