This proposal seeks community approval for the DAO to provide liquidity on PancakeSwap (https://pancakeswap.finance) for two key trading pairs: XCN/USDT and XCN/BNB. The total liquidity to be deployed will be $2 million, consisting of:
• $500,000 in XCN and $500,000 in USDT for the XCN/USDT pair • $500,000 in XCN and $500,000 in BNB for the XCN/BNB pair
This initiative aims to support the Binance Smart Chain (BSC) ecosystem and improve the trading experience for XCN token holders by deepening liquidity and reducing slippage.
If approved, the DAO will allocate the proposed liquidity positions for PancakeSwap. The objectives of this initiative are to:
• Enhance the accessibility and usability of XCN within the BSC DeFi ecosystem • Facilitate smoother and more efficient trading of XCN for both USDT and BNB • Strengthen the token’s presence and adoption on one of the leading decentralized exchanges on BSC • Support broader community participation by ensuring liquidity is available on-chain, 24/7
By deploying this liquidity, this proposal reinforces the DAO’s commitment to decentralization, usability, and strategic growth within the broader DeFi landscape. It aligns with long-term goals of improving market efficiency, supporting token velocity, and integrating XCN into top-tier DeFi platforms.
We invite the community to vote in support of this initiative as a proactive step toward growing the XCN ecosystem.