Increase TEMP trading liquidity to 500k BNT from 100k BNT

TL;DR

Increase TEMP Trading Liquidity to 500k BNT from 100k BNT

Background

• TEMP was whitelisted on February 9th, 2022, with an overwhelming response of 54% quorum and 76.2% ‘FOR’ votes.

Since the most recent whitelisting, Tempus has launched on the Fantom network and currently has approx $14m TVL. Additionally, the TEMP token was also whitelisted on SpookySwap (Fantom) and is being actively traded on there now. Finally, we have updated our documentation with an overview of our roadmap for 2022 and beyond.

Trading Liquidity Limit Increase Justification

The TEMP-BNT pool has already amassed ~$446k (as of 28 February 2022) of liquidity, which means there is insufficient balance in the pool. Clearly, our community has more demand to participate in the Bancor pool. An increase in trading liquidity limit to 500k BNT will bring it closer in line with the liquidity available on other DEXs, enabling Bancor to strengthen the partnership with Tempus and continue to grow Bancor’s TVL.

We see Bancor being a key DEX to trade the TEMP token and looking forward to deepening our relationship for the long term.

[[Update 1/3/2022: We have also proposed to allocate $750,000 worth of TEMP to the Bancor pool upon it being increased

Tempus News Highlights Since Last Proposal

• Tempus Launches on Fantom
• Tempus Deep Dive

FOR

Increase TEMP Trading Liquidity to 500k BNT from 100k BNT

AGAINST

Keep TEMP Trading Liquidity at 100k BNT