CEX Listing Fee
For projects whose market cap is backed by 20% or more developer-controlled liquidity, the team will be permitted to withdraw the equivalent of 1% of the total market cap from that liquidity for every 5% above 20% the total liquidity backing figure is sitting at the time.
EXAMPLE: Token A has a market cap of $10,000,000.
20% to 24.99% total liquidity = 1% available to withdraw ($100,000)
25% to 29.99% total liquidity = 2% available to withdraw ($200,000; 1% + 1%)
30% to 35.99% total liquidity = 3% available to withdraw ($300,000; 1% + 1% +1%)
These withdrawals are a one-off, at the discretion of the project’s own development team. Future withdrawals of this type can be proposed, and are then voted on by token holders via community governance. Notification of such a proposal will appear to holders of the token when they connect their wallet, and a notification NFT will be sent to each wallet holding the minimum qualifying amount for the governance vote.
The amount will be applied-for in advance of listing, then paid as a rebate once the listing process is complete. Developers will specify the exchange on which they plan to list and submit the request. Once the listing is complete, the developer then confirms this via the dashboard, and the presence of the token trading pair on the relevant exchange will be verified independently via Oracle - at which point the funds are released into the nominated developer wallet.
Later-phase functionality will enable approved partner exchanges to connect directly to the service to receive payment, removing the need for projects to pay the fee out of pocket before claiming it back as a rebate.
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