*Requested amount: $46.500 (worth in PDEX) 

*Short Description: This submission proposes to extend Enflux’s market making service for the following pairs until the following dates. Prices are based off $1500 worth of PDEX per month.

IBTC ->  start: 1/05/2024 end: 01/10/2024 (5 month) ($7500 worth of PDEX)
PHA -> start: 1/05/2024 end: 01/10/2024 (5 month) ($7500 worth of PDEX)
GLMR -> start: 14/04/2024 end: 14/10/2024 (6 month) ($9000 worth of PDEX)
DOT -> start: 1/04/2024 end: 01/10/2024 (6 months) ($9000 worth of PDEX)
PDEX -> start 29/02/2024 end: 29/09/2024 (9 months) ($13500 worth of PDEX)

The final amount of PDEX requested dependent on the price at submitting the request. If price moves by more than 2% downwards between the submission time and the payout time, the difference will compensated with another request.

*Duration: See above

*Program details and logistics: Continuation of market making, liquidity support, analytics and consulting for the above pairs on Polkadex. 


*Requested amount: $27,000 (worth in PDEX) 

*Short Description: This submission proposes to extend Enflux’s market making service for the following pairs until the following dates. Prices are based off $1500 worth of PDEX per month.

IBTC ->  start: 1/05/2024 end: 01/08/2024 (3 month) ($4500 worth of PDEX)
PHA -> start: 1/05/2024 end: 01/08/2024 (3 month) ($4500 worth of PDEX)
GLMR -> start: 14/04/2024 end: 14/07/2024 (3 month) ($4500 worth of PDEX)
DOT -> start: 1/04/2024 end: 01/07/2024 (3 months) ($4500 worth of PDEX)
PDEX -> start 29/02/2024 end: 29/06/2024 (6 months) ($9000 worth of PDEX)

The final amount of PDEX requested dependent on the price at submitting the request. If price moves by more than 2% downwards between the submission time and the payout time, the difference will compensated with another request.

*Duration: See above

*Program details and logistics: Continuation of market making, liquidity support, analytics and consulting for the above pairs on Polkadex. 


Enflux - Continue MM support for PDEX, GLMR, IBTC and PHA 

*Requested amount: $27,000 (worth in PDEX) 

*Short Description: This submission proposes to extend Enflux’s market making service for the following pairs until the following dates. Prices are based off $1500 worth of PDEX per month.

IBTC ->  start: 1/05/2024 end: 01/08/2024 (3 month) ($4500 worth of PDEX)
PHA -> start: 1/05/2024 end: 01/08/2024 (3 month) ($4500 worth of PDEX)
GLMR -> start: 14/04/2024 end: 14/07/2024 (3 month) ($4500 worth of PDEX)
DOT -> start: 1/04/2024 end: 01/07/2024 (3 months) ($4500 worth of PDEX)
PDEX -> start 29/02/2024 end: 29/06/2024 (6 months) ($9000 worth of PDEX)

*Duration: See above

*Program details and logistics: Continuation of market making, liquidity support, analytics and consulting for the above pairs on Polkadex. 


- Problem Statement: Requesting $46,500 in PDEX for extending Enflux’s market making service for specific pairs on Polkadex.
- Significance: Ensuring liquidity, market stability, and support for IBTC, PHA, GLMR, DOT, and PDEX pairs.
- Proposed Solution: Extend market making service until specified dates for the mentioned pairs.
- Expected Outcomes: Enhanced liquidity, market stability, and support for the specified pairs on Polkadex.

#2422 Enflux - Continue MM support for PDEX, GLMR, IBTC and PHA

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