Summary

Kinic DAO Market Maker and liquidity

This proposal requests 25,000 ICP from the Kinic Treasury to fund market maker and liquidity for the duration of one year.

MM & liquidity

This proposal will provide ICP for two core reasons:

  • Cross chain liquidity on DEX and CEX.
  • Market maker activities

Kinic DAO memebers are looking into more markets for KINIC to be listed. Updates will be provided in OC.


Proposals can be used by any member of the Kinic DAO to suggest alterations or reprioritizations of goals. These proposals can be discussed on OpenChat.

Payload

Proposal to transfer SNS Treasury funds:

Source treasury: ICP Treasury (ICP Ledger)

Amount: 25000.00000000 ICP

Amount (e8s): 2500000000000

Target principal: dyqt4-brei5-rth4z-b4264-otasj-tfkkh-rwxpa-gyzn3-tbpnl-gu56n-yae

Target account: dyqt4-brei5-rth4z-b4264-otasj-tfkkh-rwxpa-gyzn3-tbpnl-gu56n-yae

Memo: 0

Overview