To be pushed to Snapshot on August 2cd
Hello Happy Bancor Frens:
We currently have a pool for FTT: FTX Token price today, FTT live marketcap, chart, and info | CoinMarketCap
However, the pool has under $1,000 of space for FTT LPs and isn’t really attractive given the tiny pool size and low volume.
I hope to solve this in 2 steps:
Step 1 (this proposal): Change the fee to 1%. At the moment, given the small pool size volume is likely coming from arbs anyway. Let them pay 1%.
Step 2 (in the coming weeks): Once the pool has some time with the new fee, I will write a proposal for increased co investment. At that point, I hope the APY will be large enough to attract much more liquidity.
Vote FOR to change the fee to 1%
Vote AGAINST to keep the fee as is