OK,
How about we put BNT yield on steroids:
- Set B3 vortex for BNT to 0% ~ 3.5% APY for BNT stakers.
- Keep B3 vortex for TNK LP’s at 90% and transfer the BNT collected to BNT stakers (effective adds another 3.5% to bnBNT yields)
- Take the ~650 K BNT collected by the B3 vortex to date and auto compound it for BNT stakers over 2 months.
~650,000 BNT placed into the staking contract (~45 M BNT) so ~ 1.3%. Then burn the BnBNT over 2 months so ownership of the underlying BNT transfers to current BNT stakers at a rate of ~ 7.8% annualised.
For 2 months we get (3.5% + 3.5% + 7.8%) = 14.8% yield on BNT then we drop back to ~ 7% BNT yield.
Accompany it by publicizing the BNT yields in the native token for the next 2 months - “non incentivised yield”
Basically, BNT takers get ~95% of B3 swap fees to boost the BNT rewards and encourage more people to buy and stake BNT.
Burning BNT won’t make anyone buy BNT on the open market. Returning it to BNT stakers may get people to buy and stake → BNT price climbs.
BNT in the v2.1 vortex can be burnt or used to buy and burn vBNT.
B3 vBNT from staking the 650 K can be burnt (no impact), or held in reserve to sell vs BNT (which defeats the purpose of buy and burn vBNT…)