According to Deep Tide TechFlow, the decentralized lending protocol Mars Protocol has initiated two governance proposals in the DAO DAO instance on the Neutron network. The first proposal, MRC-119, aims to increase the deposit limit of nobleUSDC at Red Bank on Neutron from 1 million USD to 2 million USD. The second proposal, MRC-120, plans to raise the deposit limit of dATOM from 150 thousand to 240 thousand.

USDC

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<p>According to Deep Tide TechFlow, the decentralized lending protocol Mars Protocol has initiated two governance proposals in the DAO DAO instance on the Neutron network.</p>
<p>The first proposal, MRC-119, aims to increase the deposit limit of nobleUSDC on Red Bank from $1 million to $2 million. Currently, the USDC-dATOM liquidity pool on Astroport has approximately $6 million in liquidity, supporting an increase in the limit within a manageable risk range.</p>
<p>The second proposal, MRC-120, plans to raise the dATOM deposit limit from $150 thousand to $240 thousand.</p>
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Mars Protocol proposes to increase the deposit limits for nobleUSDC and dATOM on Neutron.