HIP-025 BitMart Listing Funding

HIP-025 BitMart Listing Funding

Exchange listings are a key part of our expansion strategy moving forwards. They allow us access to more potential users, help us build partnerships, provide deeper legitimacy to the project, and are a good opportunity for co-marketing campaigns.

Based in Seoul, BitMart has a daily volume of around $750,000,000 and has 9,000,000 users.

BitMart have offered to list HEC and TOR in their exchange in the following pairings: ⁃ HEC/TOR ⁃ HEC/USDT ⁃ TOR/USDT ⁃ TOR/USDC

The listing fee will be $110,000 in stable coins and will cover advertising for both HEC and TOR in popular platforms like CoinGecko.

We will also need to supply $90,000 of liquidity which can later be removed.

This totals $200,000 at commencement, and we propose to use treasury funds to pay for this.

This vote will run for 48 hours.

Vote “Yes” to approve a $200,000 treasury allocation towards listing.

Vote “No” to reject this proposal.