# Proposal: Disable deposits on the XDATA pool

**URL:** <https://gov.bancor.network/t/proposal-disable-deposits-on-the-xdata-pool/3409>\
**Category:** DAO Archive (SUBMITTED)\
**Created:** [February 3, 2022, 12:22pm UTC](https://gov.bancor.network/t/proposal-disable-deposits-on-the-xdata-pool/3409 "2022-02-03T12:22:55Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![tfns](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/tfns/32/465_2.png) [@tfns](https://gov.bancor.network/u/tfns)\
**Post date:** [February 3, 2022, 12:22pm UTC](https://gov.bancor.network/t/proposal-disable-deposits-on-the-xdata-pool/3409/1 "2022-02-03T12:22:56Z")

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This proposal is expected to appear on Snapshot for voting on 2022-02-06T00:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.

To pass, this proposal needs a quorum of 35% and 66.7% FOR votes.

# TL;DR

- Stream Network has migrated their token from XDATA to DATA.
- The DATA pool has been recently whitelisted and already bootstrapped.
- To avoid confusion between the pools, deposits to the XDATA pool should be disabled.

# Voting Instructions

- To disable deposits permanently on XDATA, vote FOR this proposal.
- To allow the XDATA pool to continue accepting liquidity, vote AGAINST.
- You may ABSTAIN to help reach quorum, without making a decision one way or another.

# Project

The Streamr Network is a decentralized, topic-based publish-subscribe system. Each stream or pub-sub topic has its own peer-to-peer overlay network that is built and maintained by a set of BitTorrent-like trackers. Development is still in progress, with Brubeck as the current milestone.

Use cases include:

- Data Monetisation

Buy and sell access to ethically sourced data streams with Data Products and Data Unions

- DevOps

Gather metrics from decentralized systems such as blockchain networks

- Gaming

Capable of being the real-time networking layer of massive multiplayer games

- IoT messaging

Publish and broadcast messages from any kind of internet-connected device

- Networking middleware

Transfer metadata for VoIP or WebRTC signalling

- Blockchain networking

DDoS resistant block transfer or broadcast signed transactions with low and predictable latency

More information on the network can be found [here](https://streamr.network/discover/network).

# Tokenomics

The DATA token is an ERC-20 token used for project governance, to incentivize the Network, to delegate stake on broker nodes, and for Marketplace payments.

More information on the DATA token can be found [here](https://streamr.network/discover/data-token).
