Transcode remote stream (192 kbps) to 64kbps and send to SC+IC using Liquidsoap

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Hi,

On my different server using Liquidsoap I have high quality remote stream (192 kbps) transcode to 64kbps and it is being sent to Icecast and using XiiaLive I can listen on my Android phone. Reason for it that stream does not buffer and I'm saving a lot on my data plan. I already have Centova Cast v3 on my new server (will be shutting down old server) but per support this is not possible using Centova Cast Control Panel and they suggested to make a post and if there's interested they might start working on it in the future.
To me it does not make sense to configure another Liquidsoap instance when its already build into Centova Cast.

TIA