Expanding Akash Network Market Liquidity and Depth

Original Proposal Text

# Expanding Akash Network Market Liquidity and Depth ## Summary This proposal requests **\$1,000,000 worth of AKT (1,605,394 AKT)** from the Community Pool to expand AKT market-making operations deployed across venues and at least one additional market maker to support deeper liquidity. All funds would be custodied and managed by the **Decentralized Cloud Foundation (DCF)**. Like Proposals [280](https://www.mintscan.io/akash/proposals/280) and [316](https://www.mintscan.io/akash/proposals/316), loaned AKT and liquidity positions remain Community Pool assets and are returned to the Community Pool at the end of the market making operation, as directed by the DCF. ## Background / Updates Proposals [280](https://www.mintscan.io/akash/proposals/280) and [316](https://www.mintscan.io/akash/proposals/316) focused on maintaining liquidity where AKT already trades. This proposal expands that program by adding a market-making counterparty and broadening the set of venues where AKT is actively quoted. In September 2026, one loan call option issued under Proposal 280 was exercised and converted to USDT, with 250,000 AKT converting to 94,272.18 USDT. That tranche was subsequently rolled into a put option and extended under the same structure. | Asset | Beginning Collateral \- Prop 280 | Beginning Collateral \- Prop 316 | Total Outstanding / Summary | | :---- | :---- | :---- | :---- | | AKT Outstanding | 3,500,000 AKT | 1,000,000 AKT | 4,288,196 AKT | | USDT Outstanding | 0 | 0 | \$94,272.18 USDT | The current plan is to roll any other exercised options to continue to provide liquidity under similar structures. ## Amount Requested The DCF is requesting **1,605,394 AKT** to further deepen market making liquidity: | Use | USD Value | Approx. AKT | | :---- | :---- | :---- | | New market maker token loan & expanded market depth | \$1,000,000 | **1,605,394\*** | ## *\*Based on 30-day average AKT price of \$0.6229 (daily closes from Sept 7 to Oct 6, 2026).* **Methodology Rationale** Used a 30-day average rather than spot price so single-week price volatility does not dictate request size. ## Use of Funds ### Market Maker Token Loan & Market Depth (\$1,000,000) AKT will be allocated across a mix of token loans to a market maker and market depth expansion across venues to support deeper liquidity. Token loans follow a 12-month loan structure with a 30-day recall clause for the Foundation. The market maker would be expected to: - Maintain minimum depth targets (e.g. \+/- 2%) on agreed pairs - Maintain maximum spread targets - Achieve X%+ (\>95%) uptime - Provide regular reporting on depth, spreads, and volume Counterparty selection and terms will be subject to legal review. * Selecting venues and price ranges that concentrate depth near the current price * Rebalancing inventory as price moves Deployed inventory is subject to price risk, and the mix of AKT and paired assets held in these positions will change as price moves. ## Custody and Management All funds would be held and managed by the Decentralized Cloud Foundation (DCF). DCF will: - Execute and maintain the market maker agreement - Oversee the deployed liquidity with market maker support ## Conclusion This proposal expands the community-owned market-making program using the same returnable structure the community has already approved twice, with added focus on broader market depth. More details: {"title":"Expanding Akash Network Market Liquidity and Depth","summary":"# Expanding Akash Network Market Liquidity and Depth\n\n## Summary\n\nThis proposal requests **\\$1,000,000 worth of AKT (1,605,394 AKT)** from the Community Pool to expand AKT market-making operations deployed across venues and at least one additional market maker to support deeper liquidity.\n\nAll funds would be custodied and managed by the **Decentralized Cloud Foundation (DCF)**. Like Proposals [280](https://www.mintscan.io/akash/proposals/280) and [316](https://www.mintscan.io/akash/proposals/316), loaned AKT and liquidity positions remain Community Pool assets and are returned to the Community Pool at the end of the market making operation, as directed by the DCF.\n\n## Background / Updates\n\nProposals [280](https://www.mintscan.io/akash/proposals/280) and [316](https://www.mintscan.io/akash/proposals/316) focused on maintaining liquidity where AKT already trades. This proposal expands that program by adding a market-making counterparty and broadening the set of venues where AKT is actively quoted.\n\nIn September 2026, one loan call option issued under Proposal 280 was exercised and converted to USDT, with 250,000 AKT converting to 94,272.18 USDT. That tranche was subsequently rolled into a put option and extended under the same structure. \n\n| Asset | Beginning Collateral \\- Prop 280 | Beginning Collateral \\- Prop 316 | Total Outstanding / Summary |\n| :---- | :---- | :---- | :---- |\n| AKT Outstanding | 3,500,000 AKT | 1,000,000 AKT | 4,288,196 AKT |\n| USDT Outstanding | 0 | 0 | \\$94,272.18 USDT |\n\nThe current plan is to roll any other exercised options to continue to provide liquidity under similar structures.\n\n## Amount Requested\n\nThe DCF is requesting **1,605,394 AKT** to further deepen market making liquidity:\n\n| Use | USD Value | Approx. AKT |\n| :---- | :---- | :---- |\n| New market maker token loan & expanded market depth | \\$1,000,000 | **1,605,394\\*** |\n\n## *\\*Based on 30-day average AKT price of \\$0.6229 (daily closes from Sept 7 to Oct 6, 2026).*\n\n**Methodology Rationale** \nUsed a 30-day average rather than spot price so single-week price volatility does not dictate request size. \n\n## Use of Funds\n\n### Market Maker Token Loan & Market Depth (\\$1,000,000)\n\nAKT will be allocated across a mix of token loans to a market maker and market depth expansion across venues to support deeper liquidity. Token loans follow a 12-month loan structure with a 30-day recall clause for the Foundation.\n\nThe market maker would be expected to:\n\n- Maintain minimum depth targets (e.g. \\+/- 2%) on agreed pairs \n- Maintain maximum spread targets \n- Achieve X%+ (\\>95%) uptime \n- Provide regular reporting on depth, spreads, and volume\n\nCounterparty selection and terms will be subject to legal review.\n\n* Selecting venues and price ranges that concentrate depth near the current price \n* Rebalancing inventory as price moves\n\nDeployed inventory is subject to price risk, and the mix of AKT and paired assets held in these positions will change as price moves.\n\n## Custody and Management\n\nAll funds would be held and managed by the Decentralized Cloud Foundation (DCF). DCF will:\n\n- Execute and maintain the market maker agreement \n- Oversee the deployed liquidity with market maker support\n\n## Conclusion\n\nThis proposal expands the community-owned market-making program using the same returnable structure the community has already approved twice, with added focus on broader market depth. "}