First MMF (Polygon) On-Chain Governance Voting

The MM team has secured a tier 1 CEX listing which we believe will place the MM brand in the eyes of the larger cryptosphere. We believe that this tier 1 CEX listing will provide huge exposure for the MM brand, and place the MMF token into the hands of many more retail users that have yet to hear of us!

This partnership will require 10 million MMF tokens as well as an undisclosed USDC payment amount as a form of a security deposit and market making. As it stands, our Deployer wallet currently has ~19 million MMF tokens, and our initial trading liquidity that now holds close to 2 million MMF tokens. As part of upcoming plans, 25 million tokens are to be allocated to Cronos holders, and now with an upcoming 10 million tokens to be required, our team is in a short-fall of roughly 14 million MMF tokens. As such, our team proposes to early unlock 15 million MMF tokens to facilitate both the listing, as well as Cronos allocation. Needless to say, these tokens will be subsequently locked by our partners out of circulating supply for as long as the listing is active. On top of that, the Cronos allocation will be unlocked over a period of time since its distributed to the Cronos users via staking pools.

We understand that at this point, you might have many questions regarding the nature of the listing. While we are unable to disclose the CEX involved, we assure you that we will be listed with a top-10 CEX that has substantial trading volume and userbase. This is not a CEX that we have listed with before, as we are interested in strategically securing new users that are not currently within our existing user base. As this is a defining point for MMF (Polygon), we do ask of you to give this proposal a serious thought. We are aware that there are not enough details for you to make a more informed decision, but such is the nature of listing activities, and we do ask of you to give us the quorum that is required to ensure this vote passes so that our team can execute this listing, and to take our MM ecosystem to the next level! This will be our biggest CEX listing till date if it happens!

After MMF (Polygon) is listed, MMF (Cronos) will be considered for listing as well. Currently the tier 1 CEX does not support Cronos Chain yet and therefore, only MMF (Polygon) will be listed.

Summarising the points for your consideration: Massive exposure to retail users, and exposure to even more CEX listings (we are now seen to be a mainstream force to be reckoned with!) Tokens will be early unlocked instead of following the current vesting schedule Team will need to break initial liquidity to get enough MMF tokens as well as sufficient USDC to execute this listing Allows our team to execute this deal earlier ahead of time, instead of waiting for ecological construction fund to vest We expect this listing partnership to propel MM Finance forward in terms of exposure and community growth. Therefore, the MM Team proposes the unlocking of 15,000,000 tokens (3% of total supply) to support this partnership. Do note that these tokens will be locked up for as long as our listing is active so it will not contribute to any selling pressure.

2 Options Option 1 — Yes, early unlock 3% of total supply for CEX listing Option 2 — No, do not unlock 3% of total supply and delay partnership for MMF

See article: https://medium.com/@MMFinance/first-mmf-polygon-on-chain-governance-voting-3123802a30a5