Bancor proposes to burn 1 million BNT in an attempt to raise the price

An original community for premium DeFi protocol Bancor has submitted a proposal aimed at incentivizing the one-time burning of 1 million BNT by Bancor Vortex in a v3 vault. The purpose is to help the protocol burn BNT as a test to determine its effect on the token. DAO members pointed to the fact that … Read more