Expected on Snapshot on August 20, 2023
This proposal is split from the discussion that has happened in this thread
and Bancorians should read that post to have an understanding about this proposal
- USDT pool on Bancor v3 might have a surplus in the future
- This proposal is looking to set the funding limit to 0 if it goes into surplus in the future
This is fairly simple and straight forward. Setting the funding limit to 0 on a Bancor 3 pool means that it no longer trades as there is no BNT liquidity allocated to it. Any BNT liquidity currently allocated to the pool is burned.
Set the funding limit to 0 on the USDT pool if it is currently in surplus. Otherwise, if at any point in the future of this proposal passing the pool goes into surplus then the funding limit can be set to 0.