This proposal is to define the role of vBNT and it’s representation of staked BNT. It’s my hopeful assumption that it represents BNT locked to the protocol and not a certain pool, and the reason for the clarification is made clear soon.
At the moment, the only other thing that allows staking without need to claim BNT to wallet is LM Rewards, I want to also have this for staked BNT, allow people to re-stake [better put, instead of removing liquidity and having BNT go to their wallet, they can instead migrate the liquidity to a different pool]
Simply put I never intended to unstake my BNT so I did the only thing that made sense to me, take the vBNT and convert it so I can continue to stake more and fund my continued interactions with the protocol. - this should make it clear why I’m so eager to find out how we reflect on this proposal - literally decides my fate with Bancor.
Allows both locked[no vBNT] and staked BNT that is user controlled the option to freely (although maybe there would be some restriction on movement, based on the token amounts) move between pools to provide best yield.
My input for only 1 BNT staking pool for whitelisted LM would alleviate this proposal all together, since BNT would be automatically migrated on the users behalf, so vBNT would have no hindrance.
Also, since I’m not sure of all the features of v3, it may already address some/all of the concerns of this post.
Allow for re-staking of BNT without regard to vBNT balance. [user would not be able to withdraw BNT to wallet without vBNT]
But why fam?