Purpose:

These days most exchanges ask for a listing fee or partnership stake where they are granted tokens for listing.

However, the exchanges do not allow the terms to be publicly shared making it hard to perform governance votes.

This vote is to pre-approve bounties that Bao can use in listings.

• Up to 1B bao will be approved as a listing fee for a mid-tier exchange.
• Up to 3B bao will be approved as a listing fee for a top-tier exchange.

Bao will only pay the listing fee to the first exchange in each category and only after the listing is finalized and public.

The funds will be allocated from the LP Fund.

BaoMan shall act as the final judge of if an exchange meets the criteria for these bounties.

Pros:

• Listings on an exchange (most want us to wait to 30M+ marketcap unless we pay)

Cons:

• Slight dilution but not much in the grand scheme of things.