Hey all,
Following IIP-27, KuCoin requires an additional 150k USDT loan in order to make a market for the DPI listing. In total, that means 150k USDT and 150k USD worth of DPI will be loaned to KuCoin market makers under the same terms laid out in IIP-27.
Here are our next steps:
The Exchange Listing wallet currently holds 60k USD worth of INDEX. The Treasury Committee will send an additional 200k USD worth of INDEX to the Exchange Listing wallet. The Exchange Listing team will handle conversion of the INDEX to USDT however they wish and complete the listing process.
UPDATE:
The Exchange Listing Wallet has been funded as per above. You can view the transaction here.