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OctoFiOctoFiby0xD06777d9b02F677214073cC3C5338904CBa7894a0xD067…894a

OIP-7 CEX Listing in Octobrrr

Voting ended over 5 years agoSucceeded

Hey Octonauts,

After our successful voting on OIP-2, (https://snapshot.page/#/octofi/proposal/QmcTFXc7U8114JVCRrBmCTzkrTzqi5RKtk16wrKksLcfjY) We allocated 20.000 USDC for CEX listing and submitted requests to some of the most famous CEX providers in the crypto space.

Benefits of CEX Listing:

  • Lower fees for trades and instant settlements
  • Users who are on the fence are encouraged to join
  • Increase of liquidity
  • Less tech-savvy people are able to trade (DEX UX/UI Problem)

Disadvantages :

  • Centralized Exchanges are more vulnerable to hacks or regulation (KuCoin, BitMax)
  • You not owning the $OCTO on that exchange (Private Keys)

Funding: Bonding Curve Sale Funds Balance: 248,018.71 OCTO Balance: 33,827.80 USDC Source: https://etherscan.io/address/0xd06777d9b02f677214073cc3c5338904cba7894a

Question: Which CEX shall we launch on in Octobrrr?

Please vote for your selection, or feel free to discuss in one of our public communities.

Best wishes from Dr Octavius.

Off-Chain Vote

Hotbit
0 0%
MXC
0 0%
Poloniex
0 0%
Upbit
0 0%
Huobi Global
31.1K 60.3%
No CEX please!
20.49K 39.7%
Unsure
0 0%
Download mobile app to vote

Timeline

Oct 03, 2020Proposal created
Oct 03, 2020Proposal vote started
Oct 10, 2020Proposal vote ended
Jan 23, 2024Proposal updated