Active PIVX x Armada MM 3

[Jeffrey]

Title: PIVXxArmada3
Name: PIVXxArmada3
Term: 3 Cycles
Cycle Amount: 70 650PIVX
Total Amount: 211 950PIVX
Author: Jeffrey
Receiver: Jeffrey on Behalf of Armada
Address: DHXasswwBpo7DrbNp5NgeG6ZppfFTjQaz1
Status: Active
Vote Hash: 2d2a40f85fce515c7e2f0f6540e821bd9d429f80699a46139dcfb234e7cedb4c

Hi Everyone,

Its time to renew our market making again with Armada whom has been managing our Binance and MEXC pairs for some time. This time I will submit a 3 cycle proposal to cover the period from August - October and potentially the next 3 months with a top up if necessary.
Liquidity managed by Armada is a core part of providing a healthy market and orderbook to meet market conditions.


You can find previous proposals such as this one here - https://forum.pivx.org/threads/pivx-x-armada-marketmaking.2261/
Market Making will be a continous renewal and I will also be requesting more liquidity at a future date.

Armada has worked with us for some time so they are fine being paid some of the overall due this cycle.


Funding:
3x markets (PIVX/USDT + PIVX/BTC on Binance and MEXC) $2000 each per month. Which is a discounted rate for 3 months payment.
Total = $16,382 for 3 months of MM services on our 3 pairs.

Invoice as follows:

Remaining PIVX will be sent to Armada to contribute to the next renewal.

I will be asking for 70,600 PIVX monthly for 3 months. I will also ask for my 50 PIVX back used to submit this proposal.
total is therefore 70,650 PIVX per cycle

Voting Details:

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To Vote YES for this proposal:

mnbudgetvote many 2d2a40f85fce515c7e2f0f6540e821bd9d429f80699a46139dcfb234e7cedb4c yes

To Vote NO for this proposal:

mnbudgetvote many 2d2a40f85fce515c7e2f0f6540e821bd9d429f80699a46139dcfb234e7cedb4c no