Hey everyone, the high level goal of this proposal is to get permission from the community to use $50k in AQUA (from the treasury) & send it to the exchange that wants to list AQUA.
This exchange reached out to the foundation & community because they're excited to list AQUA & work with the Planet community.
The foundation will help cover the integration costs for this (meaning it won't come from the treasury).
Another really exciting thing about this is, this enables AQUA to be listed on a high quality CEX which helps meet requirements to get a Chainlink price feed for AQUA. There are volume & liquidity minimums to create a price feed for any asset. Once we meet the requirements & have a price feed, AQUA could be used as collateral on Green Planet.
Which exchange?
What will the $50k of AQUA be used for?
What will the trading pair be?
If this proposal were to pass, it's likely the listing for AQUA would go live within the next couple weeks.