omniflix

Prop 37: MEXC Listing using funds from StreamSwap & FLIX from the Community Pool

Overview

This proposal seeks to list FLIX on the MEXC exchange, enhancing liquidity and accessibility for FLIX holders. Funding is requested from the community pool and StreamSwap funds to cover listing fees.

Details

  • Token Allocation:
    • 50,000 USD in OSMO & ATOM (~27,500 OSMO and ~2700 ATOM which will be swapped and sent to the required MEXC address in USDT)
    • 100,000 FLIX from the community pool which includes a 9500 FLIX allocation for signers (all of the rest i.e. 91,500 FLIX will be sent to MEXC and if this is over 10,000 USD, proportionately total OSMO & ATOM will be adjusted for)
  • Account Details:
    • Multisig Account Address: omniflix1s6cq09a4zuthr4zdycym6euv7549dfmkhe5ccf
  • Funding Source:
    • FLIX: From the community pool
    • OSMO & ATOM: From OmniFlix Hub treasury, sourced from StreamSwap funds.

Multisig Participants

  1. Proposer — Panvasi | ApeironNodes : omniflix1tmwt5q22qqafyznjhhydn2u6kwpwn2r8yexpl7

  2. Signers

    • Harish | OmniFlix Network : omniflix12eg83naxu0mm6z2rpa069nk92awewmtsnmex85
    • 0xSR | Kalia Network : omniflix1cv0efrth55xkrfz96ql278tyhyaaeusdvz6hd0

Vote Options

  • YES: Vote YES to approve the proposal as presented.
  • NO: Vote NO to reject the proposal.
  • NO with Veto: Reject the proposal while burning the deposit used to create the proposal.
  • Abstain: Choose to participate in the voting process but not in the decision making process.

Rationale

  • Listing Benefits: Enhances FLIX liquidity, broadens market access, and fosters ecosystem growth.
  • Funding Justification: Enables smooth execution of listing process and ensures adequate resources for promotional activities.
  • Alignment with Objectives: Supports OmniFlix's mission of empowering creators and sovereign communities in managing, distributing, and monetizing their content.

Next Steps

  1. Community members review and vote on the proposal
  2. If approved, funds are allocated as specified
  3. Listing process initiated on MEXC exchange
  4. OmniFlix community informed about the progress and outcomes