Background:
Tier-2 exchange XT.com reached out to us and proposed to list us if 1) their community votes for us and 2) if we allocate $ 5,000 in $HEC for liquidity on their exchange. In the case we won't get listed, these funds will be returned. The Hector DAO currently holds 3,600 $HEC, so roughly $ 5,400,000.
Pro's about XT.com are their exclusive marketing support, which align with our ambition of global expansion ambition into specific markets/countries. XT is the world's first social infused exchange, and with over 2 million users worldwide, XT exchange facilitates ~1.5bnbn of trading volume a day.
We are currently in talks with several exchanges, including a Tier-1 exchange. Given the fact XT.com reached out to us and proposed to list us (subject to a community vote) without a listing fee, we feel flattered and feel positive about it! DAO funds however belong to Hectorians, so you decide!
DAO Proposal:
Approve a budget of $5,000 in $HEC to allocate to XT.com for Hector Dao's listing.
Vote to support this proposal: