TL;DR
- The SATA pool has recently been whitelisted.
- The SATA liquidity balance is currently full.
- The SATA 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.
'## Rationale
The Deepest SATA pools are:
- The SATA/ETH 0.3% Uniswap v2 pool with $447,568 liquidity, $5,737 daily volume [1].
- The SATA/WETH 0.3% Sushiswap pool with $162,494.27 liquidity, $1,157.16 daily volume [2].
- The SATA/ETH 1% Uniswap v3 pool with $20.72k liquidity, $0 daily volume [3].
- The SATA 0.3% Bancor v2.1 pool with $212,273 liquidity, $1,269 daily volume [4].
The extra liquidity would bring the total pool liquidity to at least ~$898,974, 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 SATA pool from 50k BNT to 100k BNT.
AGAINST
Keep the trading liquidity in the SATA pool at 50k BNT.
Analytics available on Discourse: https://gov.bancor.network/t/increase-the-trading-liquidity-limit-in-the-sata-pool-from-50k-bnt-to-100k-bnt/3552