TL;DR
- The BBS project created a consumer facing application for the mass market with blockchain sitting under the hood, and Bancor is the chief source of liquidity and volume for the BBS token on Ethereum.
- BBS is growing, has dozens of thriving message boards and a quickly growing user base, and it just released a mobile application.
- BBS has always supplied BBS liquidity and intends to continue doing so.
- BBS has always covered its own IL protection (35K still remaining) and intends to continue doing so.
- We request Bancor to increase trading liquidity on the BBS-BNT pool to 160k.
Background
In the time since the BBS pool was first created, the project has grown into a larger community with more message boards and users.
As such, we seek a deeper liquidity pool as we would like the liquidity to grow along with the project.
Benefits to Bancor
- Increased vortex revenue due to higher volume of trading.
Vote For: To increase BBS funding limit to 160k BNT
Vote Against: To do nothing