Author(s): @TigrisOfGaul

Summary

This proposal authorizes the protocol to allocate a portion of its treasury towards funding Centralized Exchange ("CEX") listings.

Abstract

If adopted, this proposal authorizes the protocol to allocate a portion of its treasury towards various costs related to CEX listings. These include one-time setup costs, as well as ongoing costs such as market maker services. Additionally, an allocation of TAROT and other tokens such as USDT will need to be loaned for initial CEX liquidity.

Motivation

There are several benefits of CEX listing for Tarot. CEX listings increase liquidity and trading volume for TAROT, which is highly desirable for a Chainlink data feed, and serve to attract a wider audience to Tarot.

Specification

Should we allocate the necessary tokens from the protocol's treasury to pursue CEX listings?

• Setup costs: up to 25,000 USDC
• Ongoing costs: up to 10,000 USDC per month
• Initial liquidity: up to 100,000 USDC

If setup costs, ongoing costs, and/or initial liquidity (in total, across all CEX listings) exceed the above values, a new proposal shall be submitted to authorize additional funding.