
Proposal “infra-lqd-pvd-201608“ (Closed)Back
Title: | Proposal: Infrastructure - Liquidity Providers (Aug) |
Owner: | babygiraffe |
One-time payment: | 44 DASH (1900 USD) |
Completed payments: | 1 totaling in 44 DASH (0 month remaining) |
Payment start/end: | 2016-08-05 / 2016-09-20 (added on 2016-07-15) |
Final voting deadline: | in passed |
Votes: | 596 Yes / 72 No / 0 Abstain |
External information: | www.dashwhale.org/p/infra-lqd-pvd-201608 |
Proposal description
This is a cross-post from Dash Forum
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 Liquidity providers for one additional month. See previous Liquidity Provider proposals for additional details on this program.
Requested funding is as follows for the August 5th budget cycle:
Exchange rate risk is carried only by the liquidity provider team and not the network.
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 Liquidity providers for one additional month. See previous Liquidity Provider proposals for additional details on this program.
Requested funding is as follows for the August 5th budget cycle:
- 38.67 Dash ($300 USD @ $7.758 per July 14th 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.
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