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1inch Listing Proposal for {XXX} #11

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TheinSoe38 opened this issue Dec 26, 2020 · 0 comments
Closed

1inch Listing Proposal for {XXX} #11

TheinSoe38 opened this issue Dec 26, 2020 · 0 comments
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@TheinSoe38
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1lp: 1
title: 1inch Listing Proposal for {XXX}
status: Active
type: Listing
author: 1inch team
created: 2020-12-25


voting_option_titles: "Accept", "Reject"

Summary:

1inch Network is exploring the listing of the following ERC-20 token and the corresponding reserves: link to token.

Token: link to token.

As a part of 1inch Liquidity Protocol approach of progressive decentralization and our long-term plan to transfer more control to the $1INCH stakeholders, token listing decisions - ‘Approve’ or ‘Reject’ - will be undertaken by the $1INCH stakers members.

Motivation:

To gain approval to support the specified asset:.

1ip is part of 1inch’s commitment towards transparency and community engagement while on the path of progressive decentralization.

Methodology:

Any new token or reserve listing requires approval from 1inch Government members and liquidity support from the token team/liquidity provider.

Tokens have to be ERC-20 tokens based on Ethereum and each 1ip campaign on 1inch.exchange will last 4 days.

There is no guarantee that approved tokens or reserves will be listed even after they are approved by the 1inch Government, since liquidity still needs to be sourced for that token. A token needs at least 1 reserve to be set up to support it. There could also be unforeseen circumstances that result in a listing delay.

To help 1inch Government members in the decision-making process, here is a quick summary of each token:

TOKEN (Description)

@skywinder skywinder added the invalid This doesn't seem right label Dec 31, 2020
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