Funding for Market Making and Liquidity
Funding for Market Making and Liquidity
Proposal Summary: This proposal seeks approval from the DecideAI DAO to allocate 13,500 ICP (approximately $110,000 USD) from the DecideAI Treasury to cover market making (MM) fees and liquidity for centralized exchange (CEX) listings over a 3-month period.
Details: To ensure successful and sustainable listings of the DCD token on various CEXs, the Modclub foundation requires funding to cover the fees associated with professional market makers. The allocated funds will specifically be used for additional liqudity requirements and MM fees facilitating smooth operations.
Request: The Modclub foundation kindly request the support and approval of the DecideAI DAO for this funding proposal to ensure the success of $DCD on multiple CEXs.