Hi, Some of you have been asking about the use of our native tokens.

19 Apr 2023, 11:15

Hi, Some of you have been asking about the use of our native tokens. To answer this question you first need to understand that every single project that lists on an exchange has to pay for Market Making and Spread Management Activities to the Exchange or a 3rd party service provider. This is nothing new and we have been doing it since the inception of the project and is a mandatory requirement to be listed on any exchange or be delisted. These fees are paid every month and cost an average of $1900/Exchange. Irrespective of the market condition these fees have to be paid which is why during the bear market most of the companies delist from a few exchanges to bring their costs down or risk losing a lot of their tokens to Market Making Management. During the bull market, no one cares. However, we remember in the last bear market the very same question came up. Anyone concerned about this is more than welcome to do research on this topic and understand how this works. This is exactly the reason why we are building our own MM system and have everything in-house and this message was shared by Jordan earlier. Everything we are doing is in the best interest of the company and adapting to market conditions so we can run in the most effective & optimum way possible. We have a long road ahead of us and building directly & indirectly towards our goals.