Proposal: Infrastructure - Liquidity Providers (Oct)

[Ryan Taylor]

This is a cross-post from www.dashcentral.org/p/infra-lqd-pvd-201610

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. This proposal simply extends the liquidity providers program for one additional month. See previous Liquidity Provider proposals for additional details on this program.

Requested funding is as follows for the October 5th budget cycle:

• 23.92 Dash ($300 USD @ $12.541 per Dash based on September 15th average rate at https://bitinfocharts.com/comparison/price-dash.html)
• 5.00 Dash reimbursement for the proposal cost

Total: 28.92 Dash

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 f21b0107bece5c43290e407509785e1f7387716fad43deb78dcd0f7e3e428e23 yes
OR from the qt console:
mnbudget vote-many f21b0107bece5c43290e407509785e1f7387716fad43deb78dcd0f7e3e428e23 yes

Manually vote NO on this proposal:
dash-cli mnbudget vote-many f21b0107bece5c43290e407509785e1f7387716fad43deb78dcd0f7e3e428e23 no
OR from the qt console:
mnbudget vote-many f21b0107bece5c43290e407509785e1f7387716fad43deb78dcd0f7e3e428e23 no

 

[Technologov]

The problem nowadays is that there is zero incentive for me (a Masternode owner, sitting on a bunch of Dash coins) to provide liquidity for Dash mixing. I don't get any money for that service. In fact I must pay a mining fees for every mixing transaction. So I get penalized. So I don't.