AIP-number: 2
title: Engage Artis as MM/ Liquidity Provider
author: Block Office (@blockoffice)
status: Approved
created: 2025-08-08
Executive Summary
Foundation proposes to engage Artis Global Ltd. (website) as our new MM / liquidity provider. This engagement aims to maintain our current operational efficiency while lowering our monthly market-making costs compared to our existing provider. Artis will deliver premium MM / liquidity services across both centralized (CEX) and decentralized (DEX) exchanges, as well as optional treasury management services, under flexible, performance-based fee terms.
Deliverables by Artis
Under the agreement, Artis will provide:
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Premium MM Service: covering up to 3 CEX/DEX trading pairs.
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Liquidity Provision: Maintaining orderly markets, improving bid-ask spreads, and supporting sustained trading volumes.
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Exchange Launch Support: Listing strategies and execution for both CEX and DEX venues.
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Treasury Management (optional): Strategic accumulation or offloading of tokens or stablecoins.
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Market Data Support: Assistance with CoinGecko and CoinMarketCap listings and updates.
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Reporting & Communication:
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Monthly call with a specialist.
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Monthly liquidity/activity report (including liquidity per platform, trading activity, PnL, and profit share).
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Weekly updates and 24-hour Telegram response time.
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Rationale for Changing
The change to Artis is driven by cost-efficiency without sacrificing performance:
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Lower Fixed Costs: Monthly retainer starts at $3,000–$5,000 USDT/USDC, depending on realized trading offsets, compared to higher fixed costs with our current provider.
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Performance-Based Structure: Profit-sharing (90% to Polywrap, 10% to Artis) aligns incentives.
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No Setup Fees: Unlike other providers, Artis waives DEX/CEX setup fees if MM services are included.
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Operational Continuity: The service scope matches our current operational requirements, ensuring liquidity management, exchange coverage, and ensuring reporting standards remain consistent.
Summary of Payments Terms
Base Monthly Retainer:
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$5,000 USDT/USDC if fully offset by profits from market making.
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If profits do not cover the amount, retainer is reduced to $3,000 USDT/USDC.
Profit Sharing: 90% to Polywrap Foundation, 10% to Artis (calculated on high-water mark PnL).
Additional Fees:
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OTC Deals: 0.2% of deal value (capped at $5,000 per deal).
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DEX Deployment: $2,500 USDT/USDC one-off instance.
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Treasury Management: 2% of total turnover.
- No limitations to the venue
- $2,500 USDT/USDC set up fee waived (If MM services are included)
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All third-party/exchange fees pre-approved and charged separately.
Payment Terms: Paid monthly in advance on the 1st of each 30-day period.
Snapshot Link