Active PIVXMMFund10

[Jeffrey]

Title: PIVXMMFund10
Name: PIVXMMFund10
Term: 1 Cycles
Cycle Amount: 122 390
Total Amount:  122 390
Author: Jeffrey
Receiver: Jeffrey
Address: DLzmFDd1QQjCff5fAepSfMeyD3g2JQ2qBc
Status: Active
Vote Hash: ace49a28a531f7b224cfdc8c051c3d38fab3eed00223ab02b7a07ff5eb19439d

Hi everyone,

As this is currently a recurring propoposal wording stays the same with the exception of the total asked. This is the next cycle of our recurring liquidity provision program with Enflux, our professional market maker partner. The sole purpose of this proposal is to continue supporting deep, two-way liquidity on Binance and MEXC. I will submit for the remaining budget to accommodate this. Funds remain the property of the PIVX DAO. Dedutions for mm will also be taken from the liquidity fund

Strong liquidity directly benefits the entire PIVX ecosystem by:

• Improving order book depth and resilience
• Tightening bid-ask spreads for better execution prices
• Reducing slippage on larger trades
• Supporting more stable and efficient price discovery especially for swap sites and payment gateways
• Making PIVX more attractive to traders and new participants

You can find the previous proposal here - https://forum.pivx.org/threads/pivxmmfund09.2996/

Funding:

For this cycle I will request a total 122 390 PIVX, of which 50 PIVX will be returned to me to cover the costs of submitting this proposal.

Voting Details:

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To Vote YES for this proposal:

mnbudgetvote many ace49a28a531f7b224cfdc8c051c3d38fab3eed00223ab02b7a07ff5eb19439d yes

To Vote NO for this proposal:

mnbudgetvote many ace49a28a531f7b224cfdc8c051c3d38fab3eed00223ab02b7a07ff5eb19439d no