EMERGENCY Plan of Action - Involving a Foundation Bailout

[User1]

Great. This is in response to my suggestion here.

Adding features to the BNT token

Remove instant IL protection. Change it back to the previous version but instead of 1% per day, change it to 0.25% per day. This will take roughly 1 year to reach 100%. LP can exit anytime. If no protection needed, do not charge exit fee (To encourage more deposit) If protection needed, charge 2.5% to exit. The fee can accrue in treasury or share with BNT holders but 0.25% is surely too little imo.

Remove instant IL protection and revert to previous method but 0.25% per day. This will give Dao time to work out treasury and revenue generating strategy. Meanwhile ask for help from the foundation (which Mark can do) or any other interested parties for loan to meet the short term protection need.

This will enable us to open deposit for all pools to earn trading fee and gain back trust from community.