How to launch a BIP vote with Bancor Governance

Explain your initiative, rally the community and get into detail about what needs to be done.

  • Tag @CoreDevTeam and any other collaborators to make sure all technical considerations of the BIP have been accounted for.
  • Once all parties have confirmed, create a new on-chain proposal for your BIP.
  • 25,000 vBNT is required to initiate a new proposal.
  • See the v2.1 staking guide to learn how to stake, generate vBNT, vote and initiate proposals.
  • Proposal creation is covered in Step #6.
  • Once live, voting will last for 3 days.
  • 20% quorum with a 2/3rds majority (66.7%) is required for a standard BIP to pass.

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