TL;DR

• Increase ACRE/BNT liquidity by 100% to reduce slippage and increase trading volume.
• The current funding limit is at $50k BNT and due to markets being volatile at the moment, we would like to propose to add an additional $50k BNT to the pool

Justification

Motivation:

The motivation to add more liquidity to the ACRE/BNT pair is to increase trading volume by reducing slippage.

The current funding limit of the pair is at $50k BNT at the moment, we would like to increase the liquidity by 100% or an additional $50k BNT to compensate for the change in the token price of BNT since our original proposal passed.

Arable currently has ~$40K worth of liquidity on Polygon and ~$35K on Avalanche. We would like to have a similar level of liquidity at Bancor.

ACRE can be used by farmers, traders, and collateral providers when Arable launches its dApp on Ethereum.

Protocol Description:

The Arable Proccol offers synthetic multi-chain trading and synthetic farming, a first in DeFi! Our objective is to make multi-chain farming accessible, affordable, and simple for everyone. Both seasoned and novice farmers can easily stake in yield farms from various chains thanks to a user interface that is straightforward but effective.

We are actively marketing Arable Protocol and engaging with our community through multiple avenues:

• We run numerous competitions, including our current “Arable Olympics” series of high-rewards events.
• We host our own AMAs on our social channels and are guests at AMAs of our partners, such as Multichain.
• We publish a variety of articles and educational content.
• We collaborate with many partners across the DeFi space and micro-influencers.

References/Useful links:

Linktree: https://linktr.ee/arable_protocol

Website: https://mvp.arable.finance

Litepaper: https://github.com/ArableProtocol/arableintro/blob/main/Arable_Litepaper.pdf-

Communities: Twitter: https://twitter.com/ArableProtocol - Telegram: https://t.me/ArableProtocol - Discord: https://discord.gg/d8vHPxGfGx

For: inrease funding limit to 100,000 BNT Against: make no changes