Proposal to Determine Whitelisting Status of SRM on Bancor V3

This proposal is expected to appear on Snapshot for voting on June 19, 2022 (Lisbon) . 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

  • BIP17 allowed for the migration of all active V2.1 pools to V3
  • The DAO’s whitelisting requirements are here
  • There are certain cases in which tokens were whitelisted before these requirements were in place.
  • This proposal is for the DAO to vote specifically on some of these pools where the token contract may add significant risk.
  • NOTE: These exceptions are only possible for tokens that were whitelisted in V2.1.
  • Other tokens that were not whitelisted on V2.1 have no such exemptions as they were not live on Bancor before the whitelisting requirements were in place.

Summary:

  • As outlined in the recent blog post there are 9 tokens that will be each brought up specifically for the DAO to vote on a white listing in V3.
  • This proposal is for SRM
  • SRM’s token contract allows for burning of SRM in any wallet, including the token vault contract on Bancor V3.
  • Link to contract: $0.92 | Serum (SRM) Token Tracker | Etherscan

Voting Instructions:

To whitelist SRM on Bancor V3, vote FOR this proposal

To do nothing, vote AGAINST this proposal