This proposal previously reached 95% Quorum, it is being re-submitted for vote as proposed in the discord forum.
High level There is over 9M MIM issued on Avalanche at the moment, with 40k+ holders and no liquid stable pool on Trader Joe V1 or V2. Abracadabra just deployed magicGLP (GLP auto-compounder) on Avalanche and will likely be getting more active on Avalanche with MIM being at the core of their ecosystem.
We all know how great Liquidity Book is - perfect place to host a MIM-USDT stable pair (.02%) and get that volume and those fees.