bZx Protocol (BZRX) news

bZx Protocol

We need to change several things to stay relevant as the competition is evolving faster.  Thesis:  Only if the borrow / lend market is healthy, the trading market can be healthy - as trading needs liquidty.  We don’t want to cheat liquidity with farming incentives, which will have no effect in the end, but want to get it in a sustainable way.  Status now 07-10-2021 we have on mainnet (USDC 2,417,105.90, USDT 866,826.45, DAI 1,615,054.78 and ETH 323.80) and Polygon (USDC 890,096.84, USDT 21,377.6...

Eliminating origination fees and changes to the Lend / Borrow market

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The latest snapshot proposal on Eliminating Origination fees and changes to the lend borrow market is live for BZRX holders to vote on now! The vote will last for three days and if successful then proceed to onchain voting.

https://snapshot.org/#/bzx.eth/proposal/QmVQgj3xyGR3ieHAGdAgomt59KjETJYvyFpm54f2u4kZQW

Here is the forum discussion to get up to date: 

https://forum.bzx.network/t/eliminating-origination-fees-and-changes-to-the-lend-borrow-market/443