**Proposer:** Armada Labs (wholly-owned subsidiary of CoinAlpha Inc.)

**Contact:**  partnerships@armadalabs.io

**Requested amount:**  $6,000 (worth in PDEX)

**Short Description:**
This submission proposes to extend Armada Labs’ (wholly-owned subsidiary of CoinAlpha Inc.) appointment as Market Makers for ASTR/USDT on PolkaDEX.  The requested treasury funds will be used to cover the monthly market making fee for this pair.

**Duration:**
The requested funds will cover 3 months of market making services.

**Program details and logistics:**
- Polkadex on-chain treasury agrees to enter into a 3 months engagement with Armada Labs’ (wholly-owned subsidiary of CoinAlpha Inc.)  for market making services on PolkaDEX, for the following pair:ASTR/USDT.
- The monthly MM service fee is $2,000/pair, totalling $6,000 for a 3 months period.

The final amount of PDEX requested is 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.


**Proposer:** Armada Labs (wholly-owned subsidiary of CoinAlpha Inc.)

**Contact:**  partnerships@armadalabs.io

**Requested amount:**  $6,000 (worth in PDEX)

**Short Description:**
This submission proposes to extend Armada Labs’ (wholly-owned subsidiary of CoinAlpha Inc.) appointment as Market Makers for ASTR/USDT on PolkaDEX.  The requested treasury funds will be used to cover the monthly market making fee for this pair.

**Duration:**
The requested funds will cover 3 months of market making services.

**Program details and logistics:**
- Polkadex on-chain treasury agrees to enter into a 3 months engagement with Armada Labs’ (wholly-owned subsidiary of CoinAlpha Inc.)  for market making services on PolkaDEX, for the following pair:ASTR/USDT.
- The monthly MM service fee is $2,000/pair, totalling $6,000 for a 3 months period.


Armada Labs Treasury Proposal - Market Making service renewal  for ASTR/USDT on Polkadex

- **Problem Statement:** Armada Labs seeks $6,000 in PDEX to continue as Market Makers for ASTR/USDT on PolkaDEX.
- **Significance:** Ensuring liquidity and market stability for the ASTR/USDT pair on PolkaDEX.
- **Proposed Solution:** Extend Armada Labs' appointment as Market Makers for ASTR/USDT on PolkaDEX with a 3-month engagement.
- **Expected Outcomes:** Sustained market making services for ASTR/USDT pair on PolkaDEX.

#2434 Armada Labs Treasury Proposal - Market Making service renewal for ASTR/USDT on Polkadex

No Active Proposals