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Stephen-Auriemma

Ok. Can someone just explain what it is meant to

do ?

#bancor #blockchain #cryptocurrency #english
0

1 ответов

8 просмотров
Ian AmaZix-

OK, here you go: Reasoning: * LPs earning fees is of lower importance right now, but volatility is high and this represents a shared opportunity for the protocol and users. * There are no fees if Bancor doesn't survive. * Burning more vBNT counters inflationary risk. We need this now. * Using the vortex to market buy BNT is good for ALL Bancor users. * This action may help to restore user confidence. * This may help counter the coordinated shorts against BNT. Full details in the proposal to the DAO: https://gov.bancor.network/t/proposal-increase-vortex-burn-to-100-for-v2-1-30-for-v3/3698

0
03.07.2022

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