I'm completely confused with these exchange proposals.
What is the original ?, what's the amendment ?, what passed, what didn't, what were the amendments to the amendment.
How are the money movements changing ?, what are we getting for our money ?
All very unclear to me.
Give that level of confusion, and in my view mess.
I will abstain, as I have no clue what the implications of a vote one way or another is.
This is what previously passed:
https://peakd.com/spsproposal/@clayboyn/sps-governance-proposal-contract-market-maker-for-cryptocom
Here's a pretty detailed post I made to try to educate people on exchanges and market makers if you're interested in learning about this stuff:
https://peakd.com/sps/@clayboyn/a-discussion-about-sps-exchanges-and-market-makers
In general it's a pretty complex topic, but the ELI5/TLDR is basically this:
We pay a firm to manage our liquidity on centralized exchanges so that we can maintain/enhance our listings so that we can make our token easier to buy and sell and hopefully make our way to new exchanges.
Hi, Thanks for taking the time to reply. I have previously read your post explaining exchanges /market makers etc., that was great info, it helped me form an opinion and understand the commercial side of the process a bit better
What I'm having difficulty keeping track of is what has passed, what amendments were made via new proposals and exactly where we stand now with.
I guess I'm conflating the exchange listing proposals and the market maker proposals in my mind, I doubt I'm the only one.
I see now that this proposal is an expansion of the one that passed, that was the link I was missing.
Right, this is essentially a response proposal based on the previous proposal passing. It's under the budget outlined in that proposal, even if we opt to extend the contract for another year.