The LQTY liquidity on other decentralised exchanges justifies proposing an increase.
Increasing the pool’s liquidity will improve price impact and help direct more volume to Bancor.
This proposal seeks to increase the trading liquidity limit in the pool from 50k BNT to 100k BNT.
The Deepest LQTY pools are:
The LQTY/ETH 0.3% Uniswap v3 pool with $2.15m liquidity, and $268.54k daily volume [1].
The LQTY/ETH 1% Uniswap v3 pool with $341.46k liquidity, and $1.97k daily volume [2].
The LQTY 0.2% Bancor pool with $539,231 liquidity, and $8,991 daily volume [3].
The extra liquidity would bring the total pool liquidity to at least ~$1.3m, if the space in the pool is filled. If this happens, a proposal to increase the trading liquidity limit again should be considered.
FOR: Increase trading liquidity in the LQTY pool from 150k BNT to 300k BNT.
AGAINST: Keep the trading liquidity in the LQTY pool at 150k BNT.
[1] https://info.uniswap.org/#/pools/0xd1d5a4c0ea98971894772dcd6d2f1dc71083c44e
[2] https://info.uniswap.org/#/pools/0x28b67e0a4e570720c111c090c45daa065a54e58d
[3] https://etherscan.io/address/0x3D36e8dF307aFc3EBc90e9EF200C790Ee9a93161