# Bancorians for a stronger BNT **URL:** https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434 **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:** 1 **Showing post:** 31
### 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 --- _[View the full topic](https://gov.bancor.network/t/bancorians-for-a-stronger-bnt/4434)._