Proposal: Re-enable LM Rewards on YFI

[Luciano]

19th of November
Already 0 space within the YFI pair, and your comment there was already not supporting the idea of increasing the caps

Proposing Bancor v2.1: Single-Sided AMM Exposure with Elastic BNT Supply

Space at YFI/BNT pool is limited at the moment. Is it possible to run a vote to increase YFI cap and deposit couple of YFIs at once? [image]

30th of November
First Liquidity Mining Program for YFI proposed (from BNT team)

Add Liquidity Mining rewards for YFI

Vote YES on this proposal to add YFI to the BNT LM program. BNT Liquidity Mining was recently approved by Bancor governance, with weekly BNT rewards currently being generated by liquidity providers staking in the 8 selected rewards pools: https://twitter.com/Bancor/status/1330228165793427470?s=20 LPs who stake in qualifying pools earn BNT rewards retroactively when liquidity mining eventually goes live in the coming weeks. Following a 72-hour vote on Discord, 6 new tokens (YFI, REN, EWT, ENJ…

2nd of February
Proposal to increase co-investment cap

Protocol co-investment caps increase

Strategic Co-investment Increases in Key Assets TL;DR: The trial increase in single-sided capacity on ETH and LINK has proven highly profitable for liquidity providers, and the overall influence on the BNT supply has been deflationary. With this in mind, we propose expanding the strategy to other assets on the Bancor Network. The expected outcome is a profound increase in total liquidity, which should attract more frequent, higher-value swaps, driving increased fees and accelerating Bancor’s …

11th of February
Proposal to increase co-investment cap passes enabling a ton of space but just under 5 weeks LM Rewards

How is it possible that we went from “YFI community is starving from space in the pool” to “their community doesn’t want LM rewards, don’t worry about that pool” in just under 3 weeks?

(February 27)
a) There was still time for a YFI LM Rewards extension (community was requesting it)
b) Pool capacity wasn’t getting filled (there was a clear issue going unnoticed)