Protocol-owned Liquidity

Protocol-owned liquidity can be reallocated through governance

The TLX DAO has accumulated protocol-owned liquidity (POL) through the bonding mechanism. Governance has since suspended bonding, as per TIP 12.

TIP 11 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.