@AVA Foundation is asking $AVA holders to approve $350,000 to fund a listing on a regulated Tier 1 exchange serving US and EU users, aimed at expanding the token's reach.
The funding splits 50/50: $175K from the Community Pool and $175K from Foundation-managed ecosystem wallets, covering legal, marketing and promotional costs.
The exchange stays confidential until the vote passes, which the Foundation attributes to legal and confidentiality requirements. Listing would go live within a month of approval.
Voting runs 27% For vs 73% Against across 15 voters. The three largest NO voters hold 443,027 $AVA combined:
- 203K $AVA: "ZERO COMMUNICATION"
- 162K $AVA: questioned Foundation discretion over ecosystem funds
- 78K $AVA: called the vote "pointless, because the platform will do it its own way anyway"
Quorum requires 1Mn $AVA cast. Participation sits at 827,431 $AVA, roughly 13% short.
Voting closes May 1 at 07:00 UTC.