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Proposal Details

Proposal #283

Passed

Proposal title

Spend 5k USD in SCRT to incentivize SCRT-USD perps trading on Demex

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

57.72%

Proposal #283 description

This proposal aims to bootstrap the first on-chain SCRT-PERP on Demex (dem.exchange), an all-in-one perp DEX in the Cosmos ecosystem. The proposal, put forth by the Switcheo Labs (switcheo.com) team, suggests co-hosting a trading competition with the Secret Network community to encourage traders to trade SCRT perpetual contracts, and provide liquidity to the SCRT perp pool. This is an on-chain community spend proposal.

Forum post: https://forum.scrt.network/t/proposal-host-scrt-perp-trading-competition-on-demex/7131

Goal: The main goal is to promote the awareness of SCRT-PERP to traders and liquidity providers, which will help to grow the SCRT community, we will propose a competition to reward traders and liquidity providers participating in SCRT-PERP.

Distribution: This proposal, if accepted, will spend $5,000 worth of SCRT tokens from the community pool, to the dev team address at

secret1fxxzd9w7qx27mat80gyj06n5jw8053v4chy283
on Secret Network in order to fund and incentivize the listing of $SCRT PERPS and a Secret Trading Competition on Demex.

This sum will be used only for the purpose of payment of prizes to the winners of the competition. Winners will receive $USD (grouped stablecoin) on Demex within 60 days of the competition concluding. Any extra unused prize funds will be transferred back to the community pool fund.

Total SCRT =

40,000USD / 0.355 (current price) * 1.05
= 14788 SCRT Funding address =
secret1fxxzd9w7qx27mat80gyj06n5jw8053v4chy283

Proposal #283 overview

Total votes
2,317
Voters
2,273
Total deposit
1,001 SCRT

Proposal #283 votes

#

Validator

Account Address

Options
1SerGoAbstain
2Stakewolle.com | Auto-compoundNo
3Secret ExpressNo
4๐•ŠhadowRealm๐Ÿฅท๐ŸผYes
5Node.MonsterAbstain
6๐Ÿ…ฒ๐Ÿ…พ๐Ÿ†† ๐Ÿ…ป๐Ÿ…ด๐Ÿ†…๐Ÿ…ด๐Ÿ…ป ๐Ÿฎ | secretanalytics.xyzNo
7ELYSIUMYes
8Quiet monkey mindAbstain
9B-HarvestYes
1001nodeYes
11HighStakes.ch | Stake for AirdropAbstain
12JamamaYes
13XavierCapitalYes
14Coinage x DAICAbstain
15HBSecretNodeYes
16FreshSTAKINGYes
17Trivium | Trivium.NetworkAbstain
18Lavender.Five Nodes ๐ŸYes
19secretchaingirlYes
20ColossusAbstain
21Citadel.oneAbstain
22Chilly Waifu Validation (Chill Validation)Yes
23StarShellNo
24โœ… CryptoCrew Validators #IBCgangAbstain
25WhisperNode ๐ŸคYes
26Chorus OneAbstain
27KeplrAbstain
28๐ŸŒฑ ActiList.io DAppYes
29POSTHUMAN ๊ DVSAbstain
30CosmosPugAbstain
31secretSauce ๐ŸฏAbstain
32ObiAbstain
33crosnestNo
34Fina.cashAbstain
35AgoraNodesNo
36w3coinsAbstain
370% Fee to 2025 | Secret KeeperAbstain
38AutoStake ๐Ÿ›ก๏ธ Slash ProtectedAbstain
39๐Ÿช ๐•Šecret ๐•Šaturn | 1% foreverAbstain

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