Active PIVXMMFund12

[Jeffrey]

Title: PIVXMMFund11
Name: PIVXMMFund11
Term: 1 Cycles
Cycle Amount: 85400
Total Amount:  85400
Author: Jeffrey
Receiver: Jeffrey
Address:  DHQHLfFdyLBY25bKLprn1mJxakyPbdmNq3
Status: Active
Vote Hash: 0df165c76aa98e1e8838d26c4f3dc187bf1d0ab415b0e22530676539575a243a

Hi everyone,

This proposal is a continuation of prior MM proposals. I will be asking for remainder of the PIVX to add to our MM funds on MEXC.
MM funds are used to cover Trading fees, Liquidity, and market making renewals.

Our current liquidity on MEXC is as follows:

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/pivxmmfund11.3015/

Funding:

For this cycle I will request a total 85 400 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 0df165c76aa98e1e8838d26c4f3dc187bf1d0ab415b0e22530676539575a243a yes

To Vote NO for this proposal:

mnbudgetvote many 0df165c76aa98e1e8838d26c4f3dc187bf1d0ab415b0e22530676539575a243a no

 

[MrAli]

Hi @Jeffrey , hope you’re doing well. Please let us know the end-of-month report when you have a chance.

 

[Jeffrey]

Update of current liquidity:

As you can see buying pressure has resulted in liquidity being skewed towards USDT. Top ups of PIVX paramount to liquidity.

 

[MrAli]

Would it be possible to provide the status of all the liquidity, excluding the market maker liquidity as well? @Jeffrey

 

[MrAli]

Following up on this, @Jeffrey , as it has now been nearly 48 hours without a response.

To ensure genuine accountability across the DAO, the community needs complete clarity on how treasury liquidity is structured and managed:

1. Non-KYC Exchange Balances: Please provide the exact breakdown and current status of all funds and liquidity deployed across Non-KYC exchanges and platforms.
2. Public Treasury Wallets: All wallet addresses used for holding, custodying, or routing treasury and liquidity funds must be fully disclosed and made public so the entire community can verify them on-chain.

Decentralized governance requires that treasury-backed capital is completely transparent and verifiable by everyone in the network. Looking forward to your prompt response with the respective addresses and figures.

 

[Jeffrey]

Status of all liqudity?

Firstly that would change by the second on organic markets. It’s free for anyone to view.

The liquditiy we control is provided in the screenshot above. Everything has been consolidated with our mm team Enflux

Funds are only held temporarily at the addresses paid in proposals then moved to Enflux or sometimes swap sites to get USDT to pay them

I’m not a custodian and only during times of peak volatility will the funds stay in the proposal address

The reason for shielded transfers is for an otc opportunity I had to sell for our market maker but that changed and funds will be moved through swap providers to pay for XT to resume functions at $6000 / 3 months

Once done details will be provided here