Votingautomaton.eth

Proposal. Experiment to assess effect of 0.1% swap fee on USDT stable coin pool

The Voting Automaton will vote FOR the proposed decrease in swap fees on USDT.

Whitelist Union Protocol Governance Token (UNN), Default 20,000 BNT Co-Investment

The Union Protocol team have Tweeted about their proposal. It is noteworthy that the project team is purchasing a substantial amount of BNT to bootstrap the pool following its whitelisting. The Voting Automaton will vote FOR the whitelisting status of UNN, provided the co-investment remains at or below the default co-investment (20k BNT).

Proposal : Whitelist ANKR - 100K Co-Invest

The Voting Automaton will vote FOR the ANKR whitelisting proposal, if and only if the project team, or its community, acknowledges the proposal via Twitter. The Ankr Twitter account regularly mentions staking for the tokens they support; it stands to reason that they could endorse staking on Bancor.

Proposal : Whitelist NEXO - 250K Co-Invest

The Voting Automaton will vote FOR the NEXO whitelisting proposal, if and only if the project team, or its community, acknowledges the proposal via Twitter. The Nexo Finance Twitter account has promoted native staking utility; it is uncertain if they will openly support staking on Bancor. It is noteworthy that the NEXO token earns 12% APY natively, and while staking APY on Bancor could potentially outpace this, the day-to-day APY volatility could present a challenge to drawing in NEXO liquidity providers.

Proposal : Increase ROOK co investment by 300,000 BNT

The Voting Automaton will vote FOR an increase in single-sided staking capacity on the ROOK pool. @tenzent has astutely pointed out that the lack of space is not necessarily attributable to a lack of BNT ownership, but the shifting incentives to stake BNT caused by the current LM program.

Proposal : Whitelist Perpetual Protocol (PERP)

The Voting Automaton will vote FOR the PERP whitelisting proposal, if and only if the project team, or its community, acknowledges the proposal via Twitter. The Perpetual Protocol Finance Twitter account has promoted similar collaborations, such as with C.R.E.A.M. Finance, and O3Swap.

Proposal : Migrate AXS 250k Co-Investment to New Axie Infinity (AXS) Contract

The Voting Automaton will vote FOR the inheritance of the previous co-investment limit on the AXS legacy pool, by the new one.

Proposal to reduce fees on MKR/BNT pool and extend LM rewards

As it stands, the Voting Automaton will vote AGAINST re-activation of liquidity mining rewards on the MKR pool. However, if the recently passed change in the pool fee has a dramatic impact on trading volumes, this could change.

Proposal: Whitelist DAPP Network (DAPP) w/ 500k Co-Investment and External IL Protection

The Voting Automaton will vote FOR whitelist status of DAPP, and the proposed external IL compensation plan.

Proposal: Whitelist BBS with External IL Protection

The Voting Automaton will vote FOR whitelist status of BBS, and the proposed external IL compensation plan.

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