PIP-2: Centralised Exchange Listing

Centralised Exchange in discussion is a Tier-2 CEX (name of which we cannot disclose due to regulatory constraint). We have submitted Legal Opinion, Contract Audit and Due Diligence documents for approval.

The cost to list on the aforementioned CEX is as below:

• 110K USDC worth of $PATH tokens (price of $PATH is based on the last-3-day average price of $PATH at the time of agreement signing).
• $PATH tokens given to CEX will be given as rewards to CEX users to drive demand for $PATH
• 30K USDC as security deposit, which is refundable in a month 5K USDC as market-maker fees per month on an ongoing basis

Full information and Discourse: https://gov.pathdao.io/t/pip-2-centralised-exchange-listing/