# Proposal: Increase Co-Investment Limit to 50K on ARCONA Pool

**URL:** <https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670>\
**Category:** DAO Archive (SUBMITTED)\
**Created:** [July 27, 2021, 6:21pm UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670 "2021-07-27T18:21:22Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![bubilas](https://avatars.discourse-cdn.com/v4/letter/b/258eb7/32.png) [@bubilas](https://gov.bancor.network/u/bubilas)\
**Post date:** [July 27, 2021, 6:21pm UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/1 "2021-07-27T18:21:22Z")

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## This proposal is expected to appear on Snapshot for voting on 2021-08-02T12:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.

##### Contract Address: [0x0f71b8de197a1c84d31de0f1fa7926c365f052b3](https://etherscan.io/token/0x0f71b8de197a1c84d31de0f1fa7926c365f052b3)

Project website: **[https://www.arcona.space](https://www.arcona.space)**

## TL;DR

- Create extra space for ARCONA deposits.
- Enable a limit change from 5,000 BNT up to 50,000 BNT minting limits on ARCONABNT pool
- Vote “for” to enable this change, or vote “against” not to enable it.

## Background Info:

The [Arcona XR Metaverse](https://apps.apple.com/us/app/arcona-augmented-reality-world/id1483217647) team would like to thank everyone who voted to submit our project to Whitelist Bancor. This move helped strengthen the ARCONA token and expand our community. In just a week, [the liquidity in the pool of the Bancor network exceeded $ 640 thousand](https://etherscan.io/address/0x0c898e4e13b73364648c20d9e3c7ddb3a2a6788e), [MCap increased x4.5 to 4.5M](https://etherscan.io/token/0x0f71b8de197a1c84d31de0f1fa7926c365f052b3), and there are still a lot of people willing to contribute assets to the pool. ARCONA seems to be performing well now. ARCONA is now over 30% APY. There is no room in the pool for more ARCONA LPs. There is no active LM rewards on the ARCONA pool, and not everyone interesting add liquidity for second side(BNT) of ARCONABNT.  
Therefore, we propose to vote to increase the size of co-investment from 5 thousand BNT to 50 thousand BNT. The possibility of one-way staking encourages our token holders to use the Bancor protocol more actively and to increase the pool size. As liquidity deepens, so will the yield on swaps for LP.

By tradition, among all those who voted, regardless of how they vote, we will give away 20 rare NFT Arcona.

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**Author:** ![tenzent](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/tenzent/32/1821_2.png) [@tenzent](https://gov.bancor.network/u/tenzent)\
**Post date:** [July 27, 2021, 8:41pm UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/2 "2021-07-27T20:41:58Z")

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Seems incredibly reasonable, the pool has 600K Liquidity with only 5K Co-Invest, that means a great majority of the BNT in the contract has been market bought.

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [July 29, 2021, 9:22am UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/3 "2021-07-29T09:22:37Z")

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I support this, the pool has done well

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**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\
**Post date:** [July 30, 2021, 4:52am UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/4 "2021-07-30T04:52:51Z")

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Agree with the other comments. Pool has done well in growing its depth with a small amount of co-investment:

![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/9/95566f226a2058d0b90de109f32bd8ffb9fae0ce.png)

I will be voting in favor of the increase.

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**Author:** ![bubilas](https://avatars.discourse-cdn.com/v4/letter/b/258eb7/32.png) [@bubilas](https://gov.bancor.network/u/bubilas)\
**Post date:** [July 30, 2021, 7:07am UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/5 "2021-07-30T07:07:08Z")

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thank you guys, [tenzent](https://gov.bancor.network/u/tenzent), [eldude](https://gov.bancor.network/u/eldude), [glenn](https://gov.bancor.network/u/glenn). Need i create this proposal on [https://vote.bancor.network/](https://vote.bancor.network/) manually or somebody will make it himself?

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**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\
**Post date:** [July 30, 2021, 7:42am UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/6 "2021-07-30T07:42:24Z")

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We will list it on snapshot on Monday.

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**Author:** ![mbr](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/mbr/32/3021_2.png) [@mbr](https://gov.bancor.network/u/mbr)\
**Post date:** [August 2, 2021, 5:50pm UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/7 "2021-08-02T17:50:17Z")

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Closed on August 2, 2021, 5:50pm UTC



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**Author:** ![mbr](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/mbr/32/3021_2.png) [@mbr](https://gov.bancor.network/u/mbr)\
**Post date:** [August 4, 2021, 6:28am UTC](https://gov.bancor.network/t/proposal-increase-co-investment-limit-to-50k-on-arcona-pool/2670/8 "2021-08-04T06:28:25Z")

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Opened on August 4, 2021, 6:28am UTC


