Proposal: Lowering minimum BPT staked requirements in Governance pool to qualify for governance rewards

Proposals Vaults
1

Lowering it to 300BPT so small holders can participate in governance and get rewarded, this is good for long term viability of the protocol.

FOR: Agree to lower it to 300BPT

Against: Keep it to 1000BPT

discuss.

3 Likes
2

Agree. Smaller holders are already limited in a sense that they would earn smaller rewards, proportionally with their holdings. I strongly disagree with them being additionally damaged by being excluded.

1 Like
3

Making sure we are on the same page, you can participate in governance now:

  • To make a proposal you need to have more than 1 BPT.
  • To vote your balance should be above 0 BPT.

Are you interested specifically in staking part (represented by this contract: https://etherscan.io/address/0xb01419E74D8a2abb1bbAD82925b19c36C191A701)?

2 Likes
4

Sure. But what we are essentially doing is asking big holders from pool #3 to give away their alpha to the small guy :slight_smile:

1 Like
5

I see, title and description are a bit detached and it is not clear which part implies which.

Should the proposal explicitly read:

Lower governance stake amount from 1000 BPT to 300 BPT and allow smaller holders to earn governance pool rewards.

For: Lower stake to 300 BPT
Against : Keep stake at 1000 BPT

?

3 Likes
6

Good for decentralisation but bad for my bag.

2 Likes
9

Closed since obsolete.