bZx Community Call # 19

Published on: 25.04.2021
bZx Community Call # 19

bZx organises governance Call # 19 with weekly regular updates, Friday, May 7, 2021, at 9am PST/12 pm EST (17:00 UTC).

This community call has been recorded and uploaded to Youtube for you to watch at your own convenience. You can listen to the recording of this week’s community call here.

Agenda for Community Call # 19

  • Revisions to BGOV Inflation Schedule
    • Reducing emissions of bgov over the course of a month.
    • Tapering over a month instead of cliff 90%
    • Immediate reduction in underutilized liquidity pools.
  • Updates on BGOV burning mechanism and first burn date slated for next week.
  • Both BGOV snapshot voting proposals passed.
  • $250k in 24hrs Fee Revenue + $70m loan.
  • Pancake Swap: Pancake Pool LP Swap v1 to v2
    • They are monitoring closely and will provide an update if and when stakers need to do anything.
    • Also, if pancake removes the ability to provide liquidity for the LP, there will be another interface for that soon (auto is working on one).

What is bZx?

bZx is a protocol on the Ethereum blockchain for 0x-standard relays and on-chain DEXs. The bZx protocol allows DEXs powered by both 0x and Kyber Network to offer shorting and leverage. bZx currently has the largest variety of tokens for margin trading including ETH, ZRX, EOS, BAT, REP, DAI, OMG, REQ, ZIL, LINK, DGX, PAY, and dozens of others. The protocol consists of an open base layer that performs the essential functions of escrow and interest disbursement and a second layer that can be freely built upon to create advanced functionality for the base layer, including ultra-fast margin settlement and pooled lending.

📰 INFO:

https://bzx.network/blog/governance-call-19

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