A market maker contacted me, wanting to inquire about borrowing $KOGE for market making. Here’s a public response: There are no plans or intentions to hire a market maker. If a market maker indeed has a need, we only accept over-collateralized stablecoins, specifically collateralizing $USDT or $USDC to 48Club, which allows for a loan of 5% of the market value of $KOGE. The loan has a simple annual interest rate of 48%, with a liquidation line at 90%.
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