Altcoins News
By Dan Saada
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With Bancor decentralized liquidity will never be the same.
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Mark Richardson expressed: The recent onrush of governance participation is amazing to watch, and an exceptionally well-timed upgrade to the Snapshot infrastructure now…
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In the past weeks, most votes showed that the Quorm wasn’t reached. There were no successful votes; however, the rewards got extended.
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Reportedly, they have had a second proposal for WBTC, Link, and stablecoin pools which passed with quorum this week.
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Talking about the BANCOR VOTE FIASCO Moonboy in Ocean:
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TLDR: Some whales are voting against the extension of BNT rewards on some of the major pools (WBTC, Stablecoins, LINK).
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Write another proposal for half the rewards (assuming the whales are concerned with excessive rewards/dilution).
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Rally all vBNT holders to stake and vote. There is 200mn BNT in existence yet only 13mn vBNT is staked and voting.
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For those who are new: Bancor is a liquidity protocol that enables automated, decentralized exchange.
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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.
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For those who trade: Fast, secure, trading at the best prices with no sign-ups or registrations.
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For those who are looking to earn: Stake tokens to earn fees and rewards with impermanent loss protection.
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Bancor is the first decentralized trading protocol, which empowering traders, liquidity providers and developers to participate in an open financial marketplace with no barriers…
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Bancor is owned and operated by its community as a decentralized autonomous organization (DAO).
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