This proposal is expected to appear on Snapshot for voting on 2022-05-01T15:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.
Increase the trading liquidity limit in the LYRA pool from 100k BNT to 175k BNT
For this proposal to pass, it requires a 35% quorum and 66.7% supermajority.
The LYRA pool has recently been whitelisted for 100k BNT
The Lyra DAO has approved the proposal to seed liquidity in the pool snapshot
At current BNT/LYRA caps, the Lyra DAO will not be able to deposit all of their approved DAO funds (100k $BNT match).
The LYRA liquidity balance is currently 41.3% full
The LYRA liquidity on other decentralized 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 175k BNT.
Lyra’s DAO will fill ANY remaining liquidity balance with their treasury up to 100k BNT. If more space becomes available, another proposal will be made to Lyra’s governance to approve filling any remaining liquidity
The deepest LYRA pools are:
The LYRA/WETH 1% Uniswap V3 Pool on Optimism with $4.1mil liquidity and $67.28k Daily volume 
The LYRA/WETH Sushi Pool with $781.86k liquidity and $11,027 Daily volume 
A trading liquidity limit of 175k BNT opens up space for an additional 75k BNT of capacity and roughly $162k of single-sided staking capacity with BNT at $2.16. If the pool is filled completely it will be roughly $756k in depth (with BNT at $2.16) and a proposal to increase the trading liquidity limit will be considered then.