Percentage of fees used to buy back bal token

I’m proposing that pools that receive bal rewards have a percentage of fees used to buy back bal tokens to pay for liquidity rewards to help reduce the inflation on the bal token. The swap fee stays the same but a percentage of that fee is used to buy back bal tokens which will help sustain the price of the bal token.

This proposal is impossible to implement until Balancer v2. There is no mechanism for redirecting swap fees in Balancer v1, and the contracts are immutable.

When is Balancer V2 coming?

Some time in the year 2021.

We are aiming at the beginning of 2021. More info to be shared hopefully still this year.