For this proposal to pass, it requires a 35% quorum and 66.7% supermajority.
This proposal is expected to appear on Snapshot for voting on 2022-02-06T00:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.
- Increasing the pool size would significantly reduce the price impact in the pool.
- The pool is currently full - there is no space to stake DAO single-sided.
- This proposal seeks to increase the trading liquidity limit in the DAO pool from 100k BNT to 200k BNT.
The Deepest DAO pools are:
The DAO/WETH Sushiswap pool with $425,914.48 liquidity and a 24hr APR of 8.17% .
The DAO/USDC Uniswap v2 pool with $2,970,500 liquidity and a 24hr APR of 7.76% .
The DAO 0.2% Bancor v2.1 pool with $427,445 liquidity and a 24hr APR of 0.26% .
The extra liquidity would bring the total pool liquidity to at least $940,000 if it is full, with BNT at $2.35. The pool would then be the second deepest DAO pool on Ethereum. If the space fills up, a second increase of the trading liquidity limit should be proposed.
Increase trading liquidity in the DAO pool from 100k BNT to 200k BNT.
Keep the trading liquidity in the DAO pool at 100k BNT.