As per our initial announcement and docs, during Phase 2 of the BANK distribution we will be removing all restrictions (whitelist, cap per pool). As a reminder, Phase 2 begins on Sunday 21st March at 10pm UTC.
As part of Phase 2, we will also be changing the rewards per pool. In total, 10,500 BANK will continue to be given out as rewards per week.
33% (3500) of this will now go to incentivise the BANK-ETH LP on Sushiswap.
The remaining 66% (7000 BANK) will be split across 8 other pools. 3 of these will be the existing DAI/USDC/USDT pools.
For the remaining 5, we want to engage other leading DeFi communities. As such, we will open a vote on Snapshot for you to choose which communities you feel would be the best fit. The 5 that receive the highest number of votes will be added as pools during Phase 2.
We suggest the following choices:
Assuming there’s no disagreement with this proposal, we will proceed to organising a Snapshot vote.