New listings for AKITA

🐕 DAO General Discussion
1

Summary
To successfully generate more volumes, we believe it’s important to add AKITA on more CEX. this proposal recommends listing AKITA on LBank which is an L2 exchange with significantly more daily trading.
Current status of AKITA in CoinMarketCap and CoinGecko is not good , a dog token like Akita should reach more daily volumes .
Purpose of this listing is to get more volume and list Akita on a new tier 2 exchange .
Timeline: next month , as soon as possible
Background
The Coinsbit team have confirmed they will provide a discount of a few thousand dollars.

Proposal - Cost
This proposal requests the tokens needed to list AKITA on Lbank exchange, as soon as possible. The original price for listing a token is x$

Centralized exchanges offer an extra layer of security and reliability when it comes to transactions and trading. By facilitating the transaction through a developed, centralized platform, centralized exchanges offer higher levels of comfort compared to DEXs .
CEXs often offer a range of trading tools and services, such as market analysis tools, order types, and margin trading, which can help increase liquidity and facilitate trading for a token
Also CEX listings always can bring more volume & value.

Lbank in all insantces.
Lbank ranked #18 by CoinMarketCap and has 6.8/10 trust score by users . Lbank volume is about $480M at the moment

1 Like
2

@Amir_AkitaNetwork i didn’t know the costing so i memtioned you here to add
Thanks

1 Like
3

Summary
To successfully generate more volumes, we believe it’s important to add AKITA on more CEX. this proposal recommends listing AKITA on LBank which is an L2 exchange with significantly more daily trading.
Current status of AKITA in CoinMarketCap and CoinGecko is not good , a dog token like Akita should reach more daily volumes .
Purpose of this listing is to get more volume and list Akita on a new tier 2 exchange .
Timeline: next month , as soon as possible
Background
The Coinsbit team have confirmed they will provide a discount of a few thousand dollars.

Proposal - Cost
This proposal requests the tokens needed to list AKITA on Lbank exchange, as soon as possible. The original price for listing a token is $40K FEE + 20k MM funds

Centralized exchanges offer an extra layer of security and reliability when it comes to transactions and trading. By facilitating the transaction through a developed, centralized platform, centralized exchanges offer higher levels of comfort compared to DEXs .
CEXs often offer a range of trading tools and services, such as market analysis tools, order types, and margin trading, which can help increase liquidity and facilitate trading for a token
Also CEX listings always can bring more volume & value.

Lbank in all insantces.
Lbank ranked #18 by CoinMarketCap and has 6.8/10 trust score by users . Lbank volume is about $480M at the moment

4

There you go :slight_smile: added

1 Like
5

Hi David , i have a better idea , in this case listing on Digifinex would be better . If the purpose is just a listing to get more volume . Fee is 30k + 20kMM funds . We will also save a 10k for other proposals
Also these 2 cexs are in the same level
What do you think?

6

They can also give us a discount at 28k . 2k will be saved as well

7

As the conversations i had with Hotcoin Global , they had better offer for us . Easier MM requirements and lower fees . 25k + 10k : 35k at total . We will save 25k in this case

As they are also in the same ranking

What do you think?

8

I have checked many tier 2 exchanges and i’m up with 4 of them . I’ll add the pricing aswell

Lbank 40k+20k
DigiFinex 30k + 15k
Hotcoin Global 25k + 10k
BitForex 45k + 10k

Let me know your opinions

9

Low costing is better . Bitforex or hotcoin?

10

I’ll check with a Market-Making team to see , which exchange we can get more volume in❤️‍🔥

1 Like
11

And then i will share the results

1 Like
12

MMPro team has checked all 4 CEXs , and Hotcoin is the best option . With 10k we will be able to get +50k daily volume

But the MM team also charges some . So that also should be included in the proposal

1 Like
13

How much is that? And what is mm team cost for?

14

12k/year . it’s because to meet the exchange’s MM requirements . To avoid delistings

15

When proposal will be up then

16

Let’s wait for other stewards to see their opinions ,too . @RyMac @TriniPrince @Arthur @Dumplingnomnom

17

:ok_hand:good i also tagged them in telegram

18
  • 50k daily volume? My personal opinion is that 50K isn’t something that will do some impact.

Currently average daily volume for AKITA is 200-300k.

If market is more green the we are going 500k+.

Let’s better see how September will start for the Crypto.

1 Like
19

Yeah 50k . Basicly more liquidity/MM funds can bring more volume

Lbank requires 20k so its volume will be more . But costing will be too huge
And that’s why i choosed Hotcoin

20

50k,No impact?
You do listings for hachi so easy but when it comes to Akita , it has no impact? It’s a new listing even if it has low volume ,It can increase when market goes up