Welcome!

This proposal helps cover some of our recurring costs for supporting Dash Spend and CTX Rates.

Dash Spend is doing well, we've had some really positive reviews of the experience and whilst there have been a few teething issues these have been relatively minor.

The next steps for us are:
- Expand merchant coverage
- Expand location data coverage
- Expand geographic coverage

We're currently working on expanding coverage to Canada, Western Europe and the UK (soon™!). In tandem we're talking with partners that offer more coverage in Asia as well as Australia and New Zealand.

One caveat on the expansion side of things, merchant location data (the pins for individual stores/restaurants/etc. on the map) gets more difficult outside of the US, Canada and the UK. We can write scrapers and buy this data in some cases, but in others that data is simply not available. 

We're also working on our standalone app, web app and browser extension. Likewise we're in early stages with a few partner deployments.

At the moment we're offering as much discount at merchants as we can, our revenue comes from the delta between the discount we receive from suppliers and the discount we offer users. Our focus is growth right now so offering the most discount to users we can is the most logical choice, as we grow we'll benefit from economies of scale as well as the large volume throughput. 

CTX Rates has now been the main provider of Dash rates (DASH:USD, DASH:EUR, DASH:GBP, etc.) in the Dash mobile wallets for around 6 years now. It aggregates rates from a variety of sources (major exchanges, cmc, coingecko, etc.) in real time, removes outliers and averages. We do not charge for this service and actively maintain it and host it. It's served tens of millions of queries and could be a product on its own. This will help support its ongoing maintenance and hosting. 

Thanks for your support and please let me know any questions.