Increase the trading liquidity limit in the MFG pool from 100k BNT to 200k BNT

TL;DR

• The MFG pool has recently been whitelisted.
• The MFG liquidity balance has recently been increased from 50k to 100k BNT (https://snapshot.org/#/bancornetwork.eth/proposal/0x07ce0f63c4b888229e0bd572c79d0f13099936b3b39184410b1723b8be9551a6)
• The MFG liquidity balance is currently full.

• The MFG 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 100k BNT to 200k BNT.
• Smart MFG will fill ANY remaining liquidity balance with their treasury as needed.
• Smart MFG will incentivise the MFG pool on Bancor v3 with liquidity mining rewards.
• We will also redirect or inform/promote this new LM campaign on our dashboard at https://rewards.smartmfg.io/. Current Uni v3 campaign ended in March and Smart MFG will prepare for the LM campaign after the release of Bancor v3. Official thread announcement found here: https://twitter.com/MFGcoin/status/1509300650970017793?s=20&t=oa2ubZoV8U_4pkkT1doBMg

Rationale

The Deepest MFG pools are:

The MFG/ETH 1% Uniswap v3 pool with $715.78k liquidity, and $57.28k daily volume [1].

The MFG/USDC 1% Uniswap v3 pool with $4.68k liquidity, and $0 daily volume [2].

The MFG/DAI 1% Uniswap v3 pool with $353.64 liquidity, and $0 daily volume [3].

The MFG 0.3% Bancor v2.1 pool with $449,487 liquidity, and $$9,116 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 MFG pool from 100k BNT to 200k BNT.

AGAINST

Keep the trading liquidity in the MFG pool at 100k BNT.

[1] Uniswap Info

[2] Uniswap Info

[3] Uniswap Info

[4] https://etherscan.io/address/0x349419BcE4181d7D223442Fa48Ba9e611173A745