This proposal aims to ratify vote for the CEX Listing Strategy which was voted into majority on Pyme under Pyme Verified Proposal #3 on the 22nd of June, 2023 through pyme.id
Details for the strategy are as follows:
All funds raised from a public listing to go to the DAO and be fully DAO controlled.
Tokens used for public sale to come from DAO allocation in tokenomics.
The DAO to pay for legal incorporation costs in the Marshall Islands as a DAO legal entity.
Launch date, likely second half of July*
Team to present options to the DAO to vote on (listing on 1 v multiple at once*)
Supapowr labs to commit a minimum of 15 ETH to listing and marketing fees with. To replace buyback.
DAO to reimburse costs incurred by Pyme LLC in the process of listing outside of the 15 ETH used for Marketing Making, Liquidity or other associated costs with listing.
This proposal was first posted and discussed on Discord as referenced here.
*within our control