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

**Contact:** partnerships@armadalabs.io

**Requested amount:** $2,400 (worth in PDEX)

**Short Description:** The requested treasury funds will be used to cover pending market making fees from the previous ASTR/USDT proposal.

**Program detail and logistics**
Treasury proposal #54 requested $6,000 worth of PDEX to cover Armada Labs' market making fees for ASTR/USDT on PolkaDEX. However, due to significant price fluctuations between the proposal passing and receiving the funds, resulted in the final amount being $2,400 short. We are submitting this proposal to compensate that difference.

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


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

**Contact:** partnerships@armadalabs.io

**Requested amount:** $2,400 (worth in PDEX)

**Short Description:** The requested treasury funds will be used to cover the monthly market making fee for this pair. In addition to this, an additional $2,400 is requested as well, to cover pending market making fees from the previous ASTR/USDT proposal.

**Program detail and logistics**
Treasury proposal #54 requested $6,000 worth of PDEX to cover Armada Labs' market making fees for ASTR/USDT on PolkaDEX. However, due to significant price fluctuations between the proposal passing and receiving the funds, resulted in the final amount being $2,400 short. We are submitting this proposal to compensate that difference.

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


Armada Labs Trasury Proposal - ASTR/USDT pending market making fees

- **Problem Statement:** Covering $2,400 (worth in PDEX) pending market making fees from the previous ASTR/USDT proposal.
- **Significance:** Addressing the shortfall due to price fluctuations between proposal passing and fund reception.
- **Proposed Solution:** Requesting $2,400 in PDEX to compensate for the difference in market making fees.
- **Expected Outcomes:** Mitigating financial gap and ensuring completion of market making fees for ASTR/USDT on PolkaDEX.

#2443 Armada Labs Trasury Proposal - ASTR/USDT pending market making fees

No Active Proposals