# Bancorians for a stronger BNT **URL:** \ **Category:** Community Chatroom (DISCUSSION)\ **Created:** [August 20, 2023, 10:33pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434 "2023-08-20T22:33:07Z")\ **Posts on this page:** 13\ **Page:** 2
**Author:** ![ohweoh](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/ohweoh/32/2554_2.png) [@ohweoh](https://gov.bancor.network/u/ohweoh)\ **Post date:** [August 22, 2023, 5:48pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/21 "2023-08-22T17:48:09Z")
Exactly the price of the pool. So, slippage exists. Whereas, a buyback would not include slippage. Either way, this isn’t the crux of my initial gripe with your idea. You are stripping away the usecase of vbnt, and giving bnt it’s use and therefore stripping away value from vbnt. ---
**Author:** ![alphavalion](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/alphavalion/32/2562_2.png) [@alphavalion](https://gov.bancor.network/u/alphavalion)\ **Post date:** [August 22, 2023, 5:55pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/22 "2023-08-22T17:55:04Z")
I see both buybacks at the pool price or some other ratio as leading to more BNT inflation which does not help with reducing BNT supply. > [@ohweoh](#): > > You are stripping away the usecase of vbnt, and giving bnt it’s use and therefore stripping away value from vbnt. Please vote against the proposal that strips away the value of vBNT. vBNT is still going to be a governance token for Bancor. ---
**Author:** ![foxsteven](https://avatars.discourse-cdn.com/v4/letter/f/838e76/32.png) [@foxsteven](https://gov.bancor.network/u/foxsteven)\ **Post date:** [August 23, 2023, 7:32am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/23 "2023-08-23T07:32:59Z")
> [@alphavalion](#): > > Is this even possible? Can a Carbon LP stake their Carbon BNT NFT in governance similar to how vBNT is staked in governance and receive voting power on snapshot? > > I support this idea as some Bancorians will have BNT strategies on Carbon and they might also want to participate in governance. I’m not sure either, but it would made sense if this can work easily with the snapshot system. Can stick with what you first suggested to keep things quick and simple. vBNT and BNT. ---
**Author:** ![Otto](https://avatars.discourse-cdn.com/v4/letter/o/bbe5ce/32.png) [@Otto](https://gov.bancor.network/u/Otto)\ **Post date:** [September 4, 2023, 12:59pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/24 "2023-09-04T12:59:10Z")
A major key in why anyone would boost up a vBNT postion is because of its exclusivity in governance. Changing this crashes the whole vBNT\BNT trading dynamic. Is this fair to those traders? ---
**Author:** ![Otto](https://avatars.discourse-cdn.com/v4/letter/o/bbe5ce/32.png) [@Otto](https://gov.bancor.network/u/Otto)\ **Post date:** [September 5, 2023, 2:52pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/25 "2023-09-05T14:52:25Z")
To be clearer. Some traders have been hodling extra vBNT because of key features that are now being diluted away. Isnt it fair to give them a clean swap back into 1:1 BNT because of these changes? ---
**Author:** ![alphavalion](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/alphavalion/32/2562_2.png) [@alphavalion](https://gov.bancor.network/u/alphavalion)\ **Post date:** [September 20, 2023, 10:47am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/26 "2023-09-20T10:47:48Z")
The proposal is not looking to remove vBNT as a governance token. If traders have extra vBNT they can already swap back to BNT via the existing liquidity pools that exist. Bancorians should do what is best for the protocol and all users. ---
**Author:** ![alphavalion](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/alphavalion/32/2562_2.png) [@alphavalion](https://gov.bancor.network/u/alphavalion)\ **Post date:** [September 20, 2023, 11:04am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/27 "2023-09-20T11:04:05Z")
It has been some weeks and it is time for Bancorians to make their voices heard. There are two proposals that will be voted by the DAO to start this process > [@Proposal for BNT to become an official governance token](https://gov.bancor.network/t/proposal-for-bnt-to-become-an-official-governance-token/4456): > > Expected on Snapshot on October 1, 2023 This proposal is split from the discussion that has happened in this thread and Bancorians should read that post to have an understanding about this proposal TL;DR BNT to become an official governance token of the Bancor network vBNT to remain as a governance token of Bancor Summary This is a fairly simple and straight forward proposal. Bancor 3 is a protocol in the process of being sunset and to be shutdown. Bancorians should NOT have any depende… > [@Proposal for the Bancor v2.1 vortex to use 100% of fees to burn BNT](https://gov.bancor.network/t/proposal-for-the-bancor-v2-1-vortex-to-use-100-of-fees-to-burn-bnt/4457): > > Expected on Snapshot on October 1, 2023 This proposal is split from the discussion that has happened in this thread [https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434) and Bancorians should read that post to have an understanding about this proposal TL;DR The Bancor v2.1 vortex to use 100% of fees to burn BNT The Bancor v2.1 vortex will not burn vBNT any longer Summary The reduction in BNT supply is the most important number for all Bancor v2.1 and Bancor 3 LPs. This affects … ---
**Author:** ![ohweoh](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/ohweoh/32/2554_2.png) [@ohweoh](https://gov.bancor.network/u/ohweoh)\ **Post date:** [September 20, 2023, 5:42pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/28 "2023-09-20T17:42:43Z")
How is this not cratering the value of vbnt and the holders of vbnt? ---
**Author:** ![yXaH4uK](https://avatars.discourse-cdn.com/v4/letter/y/d78d45/32.png) [@yXaH4uK](https://gov.bancor.network/u/yXaH4uK)\ **Post date:** [October 4, 2023, 12:18am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/29 "2023-10-04T00:18:27Z")
This proposal not, but it’s first step to remove vBNT. ---
**Author:** ![alphavalion](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/alphavalion/32/2562_2.png) [@alphavalion](https://gov.bancor.network/u/alphavalion)\ **Post date:** [October 4, 2023, 4:19am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/30 "2023-10-04T04:19:52Z")
Both proposals are going to past and Bancorians seem to be voting in favor of these changes. vBNT holders are also BNT holders and a strong BNT is beneficial to ALL bancorians. It is not about vBNT vs. BNT, it is about what is best for Bancor protocol, Carbon, Token LPs, BNT LPs, and all users of Bancor. ---
**Author:** ![alphavalion](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/alphavalion/32/2562_2.png) [@alphavalion](https://gov.bancor.network/u/alphavalion)\ **Post date:** [October 9, 2023, 11:55am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/31 "2023-10-09T11:55:28Z")
The previous two proposals have now passed > [@Proposal for BNT to become an official governance token](https://gov.bancor.network/t/proposal-for-bnt-to-become-an-official-governance-token/4456): > > Expected on Snapshot on October 1, 2023 This proposal is split from the discussion that has happened in this thread and Bancorians should read that post to have an understanding about this proposal TL;DR BNT to become an official governance token of the Bancor network vBNT to remain as a governance token of Bancor Summary This is a fairly simple and straight forward proposal. Bancor 3 is a protocol in the process of being sunset and to be shutdown. Bancorians should NOT have any depende… > [@Proposal for the Bancor v2.1 vortex to use 100% of fees to burn BNT](https://gov.bancor.network/t/proposal-for-the-bancor-v2-1-vortex-to-use-100-of-fees-to-burn-bnt/4457): > > Expected on Snapshot on October 1, 2023 This proposal is split from the discussion that has happened in this thread and Bancorians should read that post to have an understanding about this proposal TL;DR The Bancor v2.1 vortex to use 100% of fees to burn BNT The Bancor v2.1 vortex will not burn vBNT any longer Summary The reduction in BNT supply is the most important number for all Bancor v2.1 and Bancor 3 LPs. This affects the pool deficits as burned BNT is bought from the markets firs… and I have another proposal in governance > [@Proposal for Bancor 3 to use 100% of fees for BNT market buy back](https://gov.bancor.network/t/proposal-for-bancor-3-to-use-100-of-fees-for-bnt-market-buy-back-and-burn/4474): > > Expected on Snapshot on October 8, 2023 This proposal is split from the discussion that has happened in this thread [https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434) and Bancorians should read that post to have an understanding about this proposal TL;DR 100% of fees in Bancor 3 to be used for BNT market buy Summary Bancorians and LPs staked in Bancor 3 get small yield benefit from 10% of fees accumulating in their LP tokens. Instead of 90% of fees in Bancor 3 to be used for … that will use 100% of v3 fees for BNT buyback ---
**Author:** ![foxsteven](https://avatars.discourse-cdn.com/v4/letter/f/838e76/32.png) [@foxsteven](https://gov.bancor.network/u/foxsteven)\ **Post date:** [October 9, 2023, 3:00pm UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/32 "2023-10-09T15:00:31Z")
> [@alphavalion](#): > > that will use 100% of v3 fees for BNT buyback [https://vote.bancor.network/#/proposal/0x74917631a57cfbd39b06f25473941a993cdf1e57f2873bfe46a9f62bfee5e8f4](https://vote.bancor.network/#/proposal/0x74917631a57cfbd39b06f25473941a993cdf1e57f2873bfe46a9f62bfee5e8f4) ---
**Author:** ![alphavalion](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/alphavalion/32/2562_2.png) [@alphavalion](https://gov.bancor.network/u/alphavalion)\ **Post date:** [October 12, 2023, 10:25am UTC](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434/33 "2023-10-12T10:25:37Z")
The initial three proposals have passed. A fourth proposal has been submitted to the Bancor DAO. > [@Proposal to set funding limit to 0 on vBNT Bancor 3 pool](https://gov.bancor.network/t/proposal-to-set-funding-limit-to-0-on-vbnt-bancor-3-pool/4479): > > Expected on Snapshot on October 15, 2023 This proposal is split from the discussion that has happened in this thread [Bancorians for a stronger BNT - Community Chatroom (DISCUSSION) - Bancor Governance Forum](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434) and Bancorians should read that post to have an understanding about this proposal TL;DR vBNT pool on Bancor v3 might have a surplus in the future This proposal is looking to set the funding limit to 0 if it goes into surplus in the future Summary This is fairly simple and straight for… [Previous page](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434.md?page=1)