0xa2cbce0a…e994sent to0x6dfa413b…492d·#25,197,212·0x94d7a748…7f8880
# Approve BitMart Listing Agreement and Listing Fee
*Submitted by Quantum Counsel LLC, as Ministerial Agent and Administrator of the LCAI DUNA*
**Summary**
This proposal authorizes Quantum Counsel LLC, acting as the Ministerial Agent and Administrator of the LCAI DUNA (the "Administrator"), to:
• Ratify and approve the execution of the BitMart Token Listing Agreement and its Addendum, dated May 27, 2026 (together, the "BitMart Agreement"), as a duly authorized act of the Association;
• Pay the BitMart listing fee of thirty thousand U.S. dollars ($30,000), payable in USDT to the wallet addresses designated in Section III.b of the BitMart Agreement; and
• Convert, on an as-needed basis, a capped amount of LCAI sufficient to fund that fee, with the resulting USDT disbursed from the segregated client-trust custody structure established under the prior "Authorize Exchange Liquidity Provisioning" proposal and Appendix A to the Quantum Counsel LLC Retainer Agreement.
This proposal is the separate governance approval contemplated — and required — by the Constraints of the "Authorize Exchange Liquidity Provisioning" proposal, which expressly reserved approval of any final listing agreement and any listing fee (including any BitMart listing fee) to a separate DAO vote.
**Motivation**
The previously approved "Authorize Exchange Liquidity Provisioning" proposal authorized the Administrator to provision the external market-maker liquidity leg for approved exchange listings (approximately $15,000 USDT and $15,000 LCAI for BitMart). That proposal expressly did not authorize (i) execution of any final listing agreement or (ii) payment of any listing fee and reserved both to a separate vote.
BitMart has since issued, and the Administrator's authorized signatory has executed, the BitMart Agreement, under which:
• The Token will be listed as a single trading pair, LCAI/USDT, on or before June 15, 2026 (Agreement, Section IV);
• A $30,000 USDT listing fee is due within three (3) days of execution (Agreement, Section III.b); and
• The Developer certifies that execution was "duly authorized by all necessary corporate actions" (Agreement, Section VI.a).
Because the underlying authority to execute the agreement and pay the fee was reserved to a separate vote, this proposal supplies that authority and ratifies the execution already completed, so the Section VI.a authorization warranty is accurate as of ratification. It also keeps any disbursement of client-trust assets expressly authorized by the client (the DAO), consistent with the Administrator's professional-responsibility obligations.
**Proposal**
Authorize the Administrator to:
• Ratify, approve, and adopt the execution of the BitMart Agreement and Addendum dated May 27, 2026 — including the signature already affixed on behalf of LCAI DUNA — as a duly authorized act of the Association under the Governing Principles.
• Pay the $30,000 USDT listing fee required by Section III.b of the BitMart Agreement, on or before the deadline stated therein, only to the BitMart-designated addresses set forth in that section:
USDT-ERC20: 0xe7b87D8473AC2AC1ed033f06aF26bCE49c348dEE
USDT-BSC: 0xe7b87D8473AC2AC1ed033f06aF26bCE49c348dEE
USDT-TRC20: TX6S6yxF7XNgZfkwB8AzwyfUZfpMuUrim9
USDT/USDC-Solana: 8SZHwmBmzAaHrzWecQmE7idbDDrchLYq78WQkt44MkAm
• Convert up to \[\_\_\_\_] LCAI — being the amount reasonably necessary to net $30,000 USDT, plus an execution buffer not to exceed fifteen percent (15%) for slippage, gas, and price movement — from the 30,000,000 LCAI previously transferred to the Quantum Counsel LLC wallet (0x8fECcC2cc21B901E11620070B19A51F50e409130) under the "Authorize Exchange Liquidity Provisioning" proposal, solely to fund the listing fee. To the extent of this capped amount only, this proposal re-designates that LCAI from liquidity-provisioning purposes to listing-fee purposes.
• Disburse the resulting USDT from the segregated client-trust custody structure described in Appendix A and the prior proposal, for the sole purpose of paying the listing fee.
• Return any LCAI, or proceeds, not required to fund the fee to the existing liquidity allocation and segregated custody structure, for reuse consistent with the prior proposal.
**Rationale**
This proposal preserves the separation the DAO previously adopted between (a) liquidity-provisioning authority and (b) approval of final listing agreements and fees. It grants only the discrete approvals the prior proposal reserved, supplies a clean, contemporaneous ratification of the executed agreement, and keeps all movement of client-trust assets authorized by the DAO. It enables a timely BitMart listing within the Section IV window while maintaining DAO oversight of material financial commitments.
**Execution and Manner of Conversion**
• As-needed and sized to the fee. Conversions shall be made only as needed to fund the $30,000 fee (plus the capped buffer), and not in a single transaction or manner likely to cause material price impact.
• Method. Conversions should be affected through an OTC desk or a contracted market maker where available, or otherwise via limit orders or a time-weighted execution over a reasonable period — and should avoid market orders routed into thin on-chain liquidity.
• Timing. Conversions should not be timed around any material, non-public listing announcement or other market-moving disclosure.
• Compliance and records. Conversions and the fee payment shall be conducted in a manner intended to comply with applicable law, in the ordinary course to fund the fee and not as a distribution, with records maintained consistent with Appendix A.
• Confirmation. The fee shall be paid only to the Section III.b addresses above, and the Administrator shall obtain and retain confirmation of receipt.
**Constraints**
• Authority under this proposal is limited to: (i) ratification/approval of the BitMart Agreement; (ii) payment of the $30,000 BitMart listing fee; and (iii) conversion of LCAI solely to fund that fee. It authorizes no other use of Treasury or client-trust assets.
• This proposal does not expand the liquidity-provisioning authority granted under the prior proposal; the ~$15,000 USDT / ~$15,000 LCAI market-maker leg remains governed by that proposal.
• Conversion is capped at \[\_\_\_\_] LCAI; any unused LCAI or proceeds are returned as provided above.
• This proposal authorizes execution/approval of the BitMart agreement and fee only. Any other exchange agreement or fee (e.g., MEXC, Tapbit) remains subject to its own separate approval.
**Voting Options**
FOR: Ratify the BitMart Agreement, authorize the $30,000 listing fee, and authorize conversion of up to \[\_\_\_\_] LCAI solely to fund that fee.
AGAINST: Do not authorize.
ABSTAIN: No opinion.