PIRATE listing on a Tier-1 CEX
Building the balanced liquidity reserve required to move PIRATE toward a listing on a major centralized exchange.
- Goal
- Tier-1 CEX listing
- Required liquidity
- $50 000 on each side
- Initial phase
- 15 400 PIRATE 5 requests × 3 080 PIRATE
PirateCash is currently negotiating with several Tier-1 centralized exchanges and evaluating the terms for listing PIRATE.
One of the listing conditions is sufficient liquidity on both sides of the market. This proposal starts building the PIRATE reserve needed to meet that condition.
Two-sided liquidity
Balanced market liquidity
The exchange requires liquidity in both directions so that the order book can support both buy and sell activity.
- quote-currency side: $50 000;
- PIRATE side: the equivalent of $50 000;
- final structure and amounts will be aligned with the selected exchange’s confirmed terms.
PIRATE equivalent at the current rate
At the current rate of $0.01961580 per PIRATE, the $50 000 PIRATE side is equivalent to:
This amount is recalculated from the live PIRATE/USDT rate whenever the page is loaded. The final requirement will be confirmed when the project reaches the listing procedure.
First five requests
We plan to submit 5 DAO funding requests of 3 080 PIRATE each.
PIRATE
PIRATE
PIRATE
PIRATE
PIRATE
Together, the first five requests will accumulate 15 400 PIRATE. This is the initial tranche, not the full liquidity target.
Requested funding
The amount requested in each of the first five proposals.
5 requests × 3 080 PIRATE
What happens next
As we approach the listing procedure, we will submit additional DAO requests for the remaining liquidity amount. By then, the exchange terms and the market rate can be confirmed, allowing the final requirement to be calculated accurately.
Approval of this proposal funds the initial liquidity tranche; it does not by itself guarantee a listing. The listing remains subject to a final agreement with an exchange and completion of its procedure.
Why it matters
A Tier-1 CEX listing can materially expand access to PIRATE and strengthen its market infrastructure.
- Make PIRATE accessible through a major centralized exchange
- Create deeper, more resilient order books
- Improve liquidity for both buyers and sellers
- Introduce PIRATE to new users and market participants
- Build the reserve required for professional market operations
- Fund the target transparently through staged DAO requests