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RE: SPS Governance Proposal - Expand Market Making Contract with Flowdesk

in #spsproposallast month

This is what previously passed:
https://peakd.com/spsproposal/@clayboyn/sps-governance-proposal-contract-market-maker-for-cryptocom

Here's a pretty detailed post I made to try to educate people on exchanges and market makers if you're interested in learning about this stuff:
https://peakd.com/sps/@clayboyn/a-discussion-about-sps-exchanges-and-market-makers

In general it's a pretty complex topic, but the ELI5/TLDR is basically this:
We pay a firm to manage our liquidity on centralized exchanges so that we can maintain/enhance our listings so that we can make our token easier to buy and sell and hopefully make our way to new exchanges.

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Hi, Thanks for taking the time to reply. I have previously read your post explaining exchanges /market makers etc., that was great info, it helped me form an opinion and understand the commercial side of the process a bit better

What I'm having difficulty keeping track of is what has passed, what amendments were made via new proposals and exactly where we stand now with.

I guess I'm conflating the exchange listing proposals and the market maker proposals in my mind, I doubt I'm the only one.

I see now that this proposal is an expansion of the one that passed, that was the link I was missing.

Right, this is essentially a response proposal based on the previous proposal passing. It's under the budget outlined in that proposal, even if we opt to extend the contract for another year.