Allocate a Fund for CEX Listing

SYNC Team believes that getting listed on a centralized exchange (CEX) can help with a variety of factors to help the project grow its community base. Not to mention, the high gas prices on the ETH blockchain have made it difficult for retail traders to purchase SYNC on dexes for their own bonds. Governance has tried to support the community with a gas station, but we believe a CEX listing (or more than one) can further relieve the gas burden.

Because CEX listings are negotiations, it is hard to say exactly what it will cost, so this governance vote will approve a MAX amount of spending for CEX listing, and the SYNC team will try to negotiate as many CEX listings as possible with the fund. Any leftover funds will remain/be returned to the treasury.

Governance proposes to set aside 50ETH from the treasury for a CEX listing fund.

current targets for CEX Listing: Kucoin MXC Huobi Bithumb Global Okex Bitmax Bitfinex