Distribute more BALN to the DAO fund by reducing the BALN for loans and liquidity pools.
3 days, 7 hours left 16% voted 748 voters
Approve 53% (67% required)
Reject 14%
Funding
Send
5,000 bnUSD
5,000 sICX
To
hx28c08b299995a88756af64374e13db2240bc3142
Description
Too much income is being given back to people who use Balanced. While incentivization is good, we need to prevent Balanced from becoming a platform that people use purely to earn rewards.
To make sure Balanced has enough income in its treasury to cover ongoing costs, like security audits, a higher bug bounty, marketing initiatives, projects that utilize Balanced’s functionality, and so on, we should redirect some of the BALN allocated to borrowers and liquidity providers to the DAO fund instead.