This is a cross-post from https://www.dashwhale.org/p/liquidity-v3
The liquidity provider team supports the network by providing liquidity for mixing on the network. Results for mixing on the network have resulted in dramatically shorter mixing times, which in the past could have taken as long as a few days to complete.
The previous Liquidity Providers proposal only requested funding for May and June, since at the time it was submitted (April) we were assuming we might have converted to 12.1 before the July budget cycle. This proposal simply extends Liquidity providers for one additional month until 12.1 is released.
Requested funding is as follows for the July 6th budget cycle:
Exchange rate risk is carried only by the liquidity provider team and not the network.
Manually vote YES on this proposal:
dash-cli mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d yes
OR from the qt console:
mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d yes
Manually vote NO on this proposal:
dash-cli mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d no
OR from the qt console:
mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d no
The liquidity provider team supports the network by providing liquidity for mixing on the network. Results for mixing on the network have resulted in dramatically shorter mixing times, which in the past could have taken as long as a few days to complete.
The previous Liquidity Providers proposal only requested funding for May and June, since at the time it was submitted (April) we were assuming we might have converted to 12.1 before the July budget cycle. This proposal simply extends Liquidity providers for one additional month until 12.1 is released.
Requested funding is as follows for the July 6th budget cycle:
- 35.59 Dash ($300 USD @ $8.429 per June 16th average rate at https://bitinfocharts.com/comparison/price-dash.html)
- 5.00 Dash reimbursement for the proposal cost
Exchange rate risk is carried only by the liquidity provider team and not the network.
Manually vote YES on this proposal:
dash-cli mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d yes
OR from the qt console:
mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d yes
Manually vote NO on this proposal:
dash-cli mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d no
OR from the qt console:
mnbudget vote-many 502928ae3f07cc6de71d8d7b76ad74f838bfac446ba6bc69faef7a5b8111d60d no