According to TechFlow, the decentralized lending protocol Mars Protocol 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 on Red Bank on Neutron from $1 million to $2 million. Currently, the USDC-dATOM liquidity pool on Astroport has about $6 million in liquidity, which supports raising the limit within a controllable risk range.

The second proposal, MRC-120, plans to increase the dATOM deposit limit from 150,000 to 240,000.