Code:
Title: PIVXmm03
Name: PIVXmm03
Term: 1 Cycles
Cycle Amount: 100 000 PIVX
Total Amount: 100 000 PIVX
Author: Jeffrey
Receiver: Jeffrey
Address: DK7Vd127cnJ1uv3P7SF81vu53T5QDG6WnQ
Status: Active
Vote Hash: 4edacccb3659b679aa5e70bb072c078fb377cd64b3caa06241be14dc487fe45bHey everyone!
It's that time again where we need to renew our active market making and potentially use remaining balances to top up on some exchanges most likely Binance. You can see a nice screenshot of price and liquidity historical action in the previous proposal - https://forum.pivx.org/threads/market-making-top-up02.2423/
This is a multi proposal where I will be submitting on behalf of Armada and make It as an intermediary to send them the required PIVX to continue their mm activities on Binance, MEXC and WhiteBit(To be changed soon) and potentially Poloniex. Remaining PIVX will always belong to the PIVX DAO and will be sent to MM accounts as liquidity which I will update
Balances as of 12th January:
This balance is regularly changing based on market conditions and trading fees on the exchanges.
Thank you for your support, a strong market making is quintessential to a healthy market, to meet exchange requirements and potentially additional listings such as perpetuals.
Funding:
$4500 for up to January for make it
We are 1 month in arrears with Armada (MEXC and Binance) to cover us up until end april will be - 19356 USD
I will submit for 100K PIVX and update remaining values here should this proposal pass and indicate where it was allocated
Voting Details:
To Vote YES for this proposal:
Code:
mnbudgetvote many 4edacccb3659b679aa5e70bb072c078fb377cd64b3caa06241be14dc487fe45b yes
Code:
mnbudgetvote many 4edacccb3659b679aa5e70bb072c078fb377cd64b3caa06241be14dc487fe45b no