Proposal: Enable deposits for CROWN, increase trading liquidity

Removed fee increase

1 Like

It would be great if someone from the CROWN project could chime in here.

I am am one of the governors at crown and fully support the motion.

6 Likes

The Crown Governors and I fully endorse this.

We are glad to see Bancor is being pragmatic about things and as Lesigh stated our primary interest has always been that of single sided staking along with the ability for us to simply compound staking rewards for our holders without them having to do excessive transactions.

The insurance was always the cream and as it has been shown to clearly be more of a vulnerability than a benefit we strongly support Bancor taking a much more conservative stance going forward.

Liquidity pools need to be open we are ready to proceed and feel confident that the worst is behind us where Bancor is concerned!

11 Likes

Great to hear and much appreciated. Thank you and @DylanShub

2 Likes

I fully support it and would like to see a 1% fee structure on this pool as part of this proposal. We should also add a clause to this proposal that would let us grow the trading liquidity via the external trigger as well. See:

for reference.

5 Likes

I am a member of the Crown Capital DAO and I am fully behind the proposal.

6 Likes

I agree with both of these comments

2 Likes

Once Bancor allows the bulk of the transaction fee to go to the stakers as it was before we can easily up the fee amount. But for the short term Bancor will be having most transaction fees going to Bancor in order to rebalance its books and so charging more to Crown members over the other pools would disincentivize them.

4 Likes

Thank you - I’ve added the external trigger clause.

In the long run, I agree that the fee should be increased to 1% or more, but I also understand @DylanShub’s hesitation to increase the fee at the moment, as the majority is currently taken by Bancor.

2 Likes

Thanks, we can revisit the fee on this pool in the future.

3 Likes

As a member of Crown DAO I support the proposal

5 Likes

Having been a part of Crown Capital since day 1, I strongly approve this proposal! Cheers!

6 Likes

I am a member of Crown DAO and I fully support the measure proposed.

5 Likes

As a member of the Crown Capital DAO I agree with this proposal.

6 Likes

My vote is FOR the approval of this proposal.

4 Likes

I am a member/holder of the CROWN DAO and fully support this proposal.

5 Likes

I am a member/holder of the CROWN DAO and fully support this proposal. Thank you for your consideration.

5 Likes

I am a governor at crown capital as well and I support this

4 Likes

I’m one of the governors in Crown Capital as well and fully support this proposal - the pools are much anticipated and we fully appreciate the associated risks

4 Likes