Hey guys, I created a proposal here that is relevant to the discussions of a potential direction for Recovery: Proposal: Grant Bancor Team Emergency Powers in Event of a Wind Down
In the event of a potential wind down, the Bancor Team must have the ability to halt all trading and withdrawals from all liquidity pools to ensure an equitable recovery for all LPs.
This proposal aims to give the team such emergency powers. For those who are legal-minded and familiar with how bankruptcy works, this power functions similarly to an Automatic Stay, which prevents a run on the bank and inequitable distribution to creditors when insolvency is readily apparent.