Proposal: Extend LM Rewards on DAI/USDC/USDT Pool For 8 Weeks (Attempt #2)

[tfns]

Duration of LM rewards has been changed to X for now, to allow discussion on the best timeframe. The team has stated that it should be preferably longer than 4 weeks.

@BurnVictim

We have already had proposals with their rewards reduced pass voting and be implemented.

There was no good faith effort made to create a sustainable LM plan moving forward. I cannot reasonably see minting this much $BNT as a wise decision.

From what the team as said, reducing LM rewards can’t “easily be done”. I’ll personally be voting no on the proposal to extend LM rewards for the stablecoin pools.

@BurnVictim

Serious implications here. Nothing abnormal occurring in the voting process. Votes are on chain and open to all. People are free to stake and participate whenever they want. 90% of the entire vBNT did not participate in the last vote. Voters simply do not care. We cannot “run it back turbo” any time people are upset with the results of a vote.

I don’t believe that anything abnormal happened. If anything, the past voting evidenced how lazy and inactive voters can be prejudicial to the protocol.

We’re trying to change the narrative by bringing these “upset” voters and making them realise that voting is important. Should the proposals fail, that’s definitely acceptable. But at least we should have sufficient quorum so that a unanimous decision can be made.