Quick status update.
Following the passage of the 30M $LCAI Exchange Liquidity Provisioning proposal, I let BitMart's team know we are ready to move forward and asked Niki to send the listing agreement for review. We want eyes on that agreement before we touch any of the authorized LCAI. If the terms are off, we are not going to sell tokens against a bad contract. Niki has also flagged a separate due diligence questionnaire coming our way, which we will handle in parallel.
On custody: the wallet that will hold the authorized LCAI is being set up as a multi-signature wallet, so funds cannot move without multiple sign-offs. As we go, only the amounts actually needed (listing fee, AMM seed, market-making) will be sold and routed through to the Quantum Counsel wallet for execution. The rest stays in the multi-sig.
Will report back once the listing agreement and the DD request are in hand.
Thank you for your attention to this matter.
🔥Bullish Signal from Japan 🇯🇵
With Japan moving to a 20% separate tax rate, trillions of Yen are expected to flow into crypto market by 2028
$VBC is building the infrastructure to capture this future
Early miners and holders are positioning themselves before the floodgates open
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Now tracking @VirBiCoin
VirBiCoin is an EVM-compatible Layer-1 blockchain with a Proof-of-Work consensus and an inflationary native token, VBC, used for gas and governance
Excited to see VirBiCoin, an EVM-compatible Layer-1 blockchain with Proof-of-Work consensus! Its inflationary VBC token powers transactions and governance. A promising project to watch in the crypto space! #Crypto#Blockchain#VirBiCoin#DeFi#Web3
Now tracking @VirBiCoin
VirBiCoin is an EVM-compatible Layer-1 blockchain with a Proof-of-Work consensus and an inflationary native token, VBC, used for gas and governance