# Protocol-owned Liquidity

The TLX DAO has accumulated protocol-owned liquidity (POL) through the bonding mechanism. Governance has since suspended bonding, as per [TIP 12](https://snapshot.org/#/tlx.eth/proposal/0x097a2fd68685d0e024b90242b4aa270e5dfde7b57087c9d28b7de0a7012bc672). 

[TIP 11](https://snapshot.org/#/tlx.eth/proposal/0x63e5d5d467a6bd85c934e807a56513dc0209e748a44555ae3ef82adda800e0e9) specified that up to $200,000 of the POL would be allocated to a security audit of the TLX Synthetix v3 integration. Furthermore, a small amount of sUSD is reserved for seeding liquidity for new leveraged tokens, and the remaining POL is allocated to the **TLX**/**ETH** Velodrome pool.

Changes to the POL allocation can be made via governance.