AIP-number: 4
title: Listing $AITV on MEXC with Artis as Market Maker
author: @dorgjelli
status: Approved
created: 2025-09-19
Simple Summary
This proposal seeks DAO approval to proceed with listing the $AITV token on MEXC Exchange, supported by our market maker Artis Global Ltd. (previously approved under AIP-2).
The DAO will approve a lump-sum treasury allocation to satisfy all financial and liquidity obligations under the finalized MEXC listing agreement, without disclosing confidential breakdowns of fees.
Motivation
Expanding trading venues for $AITV strengthens liquidity, broadens access to global retail and institutional users, and enhances visibility of the project. MEXC is a leading centralized exchange with strong user adoption across multiple regions.
With Artis managing market making, the DAO ensures stable liquidity and professional execution of listing support, aligning with prior governance decisions.
Specification
If approved, the DAO will:
- Authorize a lump-sum transfer from the DAO Treasury to cover all exchange-related fees, marketing commitments, and liquidity provisioning required under the MEXC agreement.
- Entrust execution of the agreement to the Agent Commons Foundation (prev Polywrap Foundation) and Artis Global Ltd. as designated market maker.
- Recognize that part of the allocation will cover non-refundable listing costs, while another portion will be provided as liquidity (with conditions on deposit and lock-up managed by Artis).
Rationale
- Why lump sum? The MEXC agreement contains confidentiality provisions prohibiting disclosure of fee breakdowns. By authorizing an aggregate amount, the DAO provides transparency on total treasury exposure and abides by the agreement.
- Why MEXC? Offers global reach, strong marketing support, and user access beyond DEX-only venues.
- Why Artis? Already engaged under AIP-2, ensuring continuity and cost-efficient market making.
- Trade-offs:
- Non-refundable fees represent sunk costs.
- MEXC reserves certain unilateral rights (ticker, timing, termination under specific conditions).
- Confidentiality obligations restrict full disclosure of terms.
Despite these trade-offs, the benefits of expanded liquidity and user reach are judged to outweigh risks.
Transaction Details
If approved, the DAO Treasury will transfer up to $120k (combined stablecoins and/or $AITV tokens as required) to fulfill all obligations under the MEXC listing agreement.
The Agent Commons Foundation (prev Polywrap Foundation) and Artis will execute the transfers in accordance with contractual requirements, and will ensure liquidity deployment on MEXC at listing.
Snapshot Link
Note for Voters:
This proposal involves contractual obligations that include confidentiality terms. The DAO is therefore approving the aggregate treasury commitment, without publishing individual fee or liquidity allocations. The Agent Commons Foundation (prev Polywrap Foundation) has reviewed and confirmed the contract is executable and aligned with DAO interests.