Active RainDevMMFund-01

[MrAli]

So, the NonKYC.io AMM/Liquidity pool works great, but it primarily designed for individuals to provide liquidity. When PIVX Treasury funds are involved, @Jeffrey typically manages the funds. What you are proposing, is using it with a mix of your personal funds and Treasury funds. This is the first time this has been suggested, and while we appreciate the offer to match funds, TRUST is still an issue.

You stated; "The entire value generated from the DAO's capital stays with the DAO."

How so? If the proposal is voted down, or you decide to not do it anymore, do you then give the DAO's capital to @Jeffrey to then manage?

Just saying; "stays with the DAO" still doesn't answer the question. WHERE DO THE FUNDS GO?

To put things into clear perspective: 150,000 PIVX does not even cover 5 days of our daily infrastructure and operating expenses.

You know our scale, and you know very well we are not here chasing breadcrumbs or pocket change. We stepped up with substantial private capital, our own USDT on NonKYC, and active liquidity support on MEXC simply because we wanted to see real market depth for PIVX.

What is truly disappointing is that creating a petty public interrogation over a routine liquidity mechanism has now invited uninformed cynicism and baseless insinuations from others claiming we want "extra fees for our trouble."

Let’s be unequivocal:

1. We provided our own USDT.
2. The DAO provided the PIVX.
3. When the position concludes, we withdraw our own USDT, and 100% of the remaining PIVX goes straight back to the DAO treasury. Not a single PIVX goes into our pockets.

We are serious operators deploying real capital across multiple exchanges. Let’s elevate the conversation and act in the true interest of PIVX.

 

[Gerrald]

To put things into clear perspective: 150,000 PIVX does not even cover 5 days of our daily infrastructure and operating expenses.

You know our scale, and you know very well we are not here chasing breadcrumbs or pocket change. We stepped up with substantial private capital, our own USDT on NonKYC, and active liquidity support on MEXC simply because we wanted to see real market depth for PIVX.

What is truly disappointing is that creating a petty public interrogation over a routine liquidity mechanism has now invited uninformed cynicism and baseless insinuations from others claiming we want "extra fees for our trouble."

Let’s be unequivocal:

1. We provided our own USDT.
2. The DAO provided the PIVX.
3. When the position concludes, we withdraw our own USDT, and 100% of the remaining PIVX goes straight back to the DAO treasury. Not a single PIVX goes into our pockets.

We are serious operators deploying real capital across multiple exchanges. Let’s elevate the conversation and act in the true interest of PIVX.

Infrastructure? Your asking to use coins to put in an exchange. You have no costs for this proposal.

 

[Eric_Stanek]

Re: "100% of the remaining PIVX goes straight back to the DAO treasury."

That's a great concept, but there is no address to deposit back to the Treasury. Therefore, it must be held by a person.

So, let me rephrase the question;

Which person gets to control the remaining PIVX once you decide to not continue the proposal anymore, or it is voted down?

 

[MrAli]

Infrastructure? Your asking to use coins to put in an exchange. You have no costs for this proposal.

How can you say "there are no costs"?

A liquidity pool requires two sides to exist:
The network provides the PIVX, and WE provide the USDT out of our own private pocket.

You cannot provide liquidity with PIVX alone. Who matches the PIVX with thousands of dollars of real USDT? We do.

That means our own hard-earned capital (USDT) is locked up, bearing the market risk and impermanent loss, while we don't charge the DAO a single penny of fee or salary.

We are literally matching the DAO’s capital 1:1 with our own money to create real order-book depth for PIVX users. Calling that "no costs" makes zero financial sense.

 

[Gerrald]

How can you say "there are no costs"?

A liquidity pool requires two sides to exist:
The network provides the PIVX, and WE provide the USDT out of our own private pocket.

You cannot provide liquidity with PIVX alone. Who matches the PIVX with thousands of dollars of real USDT? We do.

That means our own hard-earned capital (USDT) is locked up, bearing the market risk and impermanent loss, while we don't charge the DAO a single penny of fee or salary.

We are literally matching the DAO’s capital 1:1 with our own money to create real order-book depth for PIVX users. Calling that "no costs" makes zero financial sense.

Pretty certain that is not how it works...I dont have time to argue