For this proposal to pass, it requires 35% quorum and 66.7% supermajority.
The LM Rewards will be extended on the eRSDL Pool.
The current reward rates for the pool will be unaffected.
unFederalReserve is requesting LM of 2500 BNT per week (5000 BNT with multiplier) for 8 weeks
If approved, unFederalReserve will continue to use the Bancor pool for the open market purchasing of eRSDL in connection with its Saas licensing fee proxy program.
Integrate Bancor’s api and vault to ReserveLending in preparation for Bancor’s upcoming V3
eRSDL Open Market Purchases. unFederalReserve management is impressed by both the Bancor platform and the Bancor community. They would like to continue to use the Bancor pool in connection with its Saas licensing fee proxy eRSDL open market purchase program, and LM would allow increased TVL and decreased slippage.
The eRSDL open market purchase program corresponds to the use of digital markets, denominated in eRSDL, used to record the licensing subscription of our software by various operating entities. Purchasing of eRSDL out of the market will be done at regular intervals coinciding with the level of borrowing across our products. Terms may vary.
UnfederalReserve has listed Bancor as a place to swap BNT on https://unfederalreserve.com/. Furthermore, UnfederalReserve is planning on integrating Bancor swaps as well as single-sided staking on the eRSDL-BNT pool from their platform.
We understand that Bancor is working on Bancor V3, and we will be in touch with the team as soon as details are out to seek out room for further cooperation.
The eRSDL pool has a liquidity of $5,258,459.27 right now.
Figure 1 - eRSDL-BNT pool size 
The pool has been bringing consistent volume of at least $2m per week for the past 4 weeks.
For context, the LM extension is being proposed again as most of the team and some community members were attending DCentral Miami. Therefore, Snapshot participation was lower than usual and the proposal didn’t meet quorum.
I think the goal for LM should be to try and capture the majority of liquidity depth, and volume. Having a protocol (eRSLD) direct buybacks to our pool is good, but once we dominate the liquidity, then the logical choice for them would be to use the deepest pool (so, not a strong bargaining chip for additional rewards).
Compared to the Uni v2, the BNT pool has double the AUM, but 50% of the volume.
Considering that the eRSDL:BNT pool looks full of eRSDL, I would prefer to increase the capacity and then consider LM rewards to try and drain the Uni v2 pool to further capture AUM and volume.
I’m voting AGAINST this proposal but would vote for a larger pool with LM restarting.
I don’t think you are wrong and we should look at increasing the co-investment on this pool from 500K BNT to 1M BNT. There is certainly almost no space available right now and we should try to capture some of the LPs from Uniswap that might be interested in moving to Bancor by opening additional capacity.
Can you look at putting in a proposal to increase the co-investment on this pool? Thanks!