Axis

The future of crypto auctions is open. Today, we’re launching the Open Auction Initiative — making Axis more accessible, modular, and developer-friendly than ever. Here’s what that means for builders 🧵👇

Tune in for a lively discussion about Q2 expectations and upcoming narratives

❌"Ramen's Price Discovery Mode only favors whales 😡" For those who are unfamiliar, Ramen's Price Discovery Mode is powered by @axis_fi's Sealed Bid Auctions. Essentially, token launches are ungated and uncapped, which means any participant can contribute any amount and submit a bid price they are willing to pay per token. During a Price Discovery Sale, participants input their Bid Price, which represents the maximum price you're willing to pay for one token, which remains encrypted through the auction phase. After the auction is concluded, the system decrypts all bids and sorts the bids based on bid price, from highest to lowest. The system then allocates tokens in that order, until all tokens are allocated. The final bid to be filled establishes the settlement price. All bids above the settlement price will be considered successful: you will pay the settlement price and get more tokens than you bidded for. If your bid price is lower than the settlement price, you will get a refund instead. Now, this is why I think Price Discovery Mode is fair and doesn't only favor whales. 1⃣ The mechanism sorts bids based on bid prices, not bid sizes. This means that if a whale's bid is below the settlement price, they will not win allocation no matter their bid size. 2⃣ It is not in the whales' advantage to bid at an extremely high bid price just to win allocation. In a mainnet environment, it is unlikely that a whale will bid a high bid price with an extremely huge size. In this scenario, the resultant settlement price will be closer to the whales' bid, which means that most participants will be excluded, and the whale now becomes exit liquidity as most successful bidders will almost certainly sell their tokens at the high FDV. The whale now becomes exit liquidity. In most cases, persons with high capital backing would almost always get a better advantage by investing in private token rounds instead of the public sale.

We're also excited to power Mother's upcoming token launch! Our permissionless sales tech ensures fair ERC20 distribution—transparent, community-first, & market-driven. The right launch mechanics empower projects & AI economies alike.

AI agents need price discovery, fair access & liquidity. Axis Auctions deliver all three. @MotherDAO is exploring our tech to build an open AI marketplace, where agents reach the right users at the right price—permissionlessly.

1/ We're thrilled to officially announce our partnership with @Axis_fi! 🎯 Together we're revolutionizing how AI agents are distributed in web3, bringing fair, auction-driven distribution mechanisms to the Mother ecosystem. 🤖💰 Learn more 👇

Something big is on the horizon. We're laying the groundwork for permissionless token launches & next-gen liquidity strategies. If you're building in DeFi – now's the time to get involved: github.com/Axis-Fi/launch…

This is the next step in our Open Auction Initiative – a push to make Axis fully open & community-owned. We've already open-sourced: 🔹 Launchpad repo for fair auctions 🔹 Standalone repo for self-hosted launches 🔹 Subgraph repo for custom indexing More to come soon 👀

We've been building the most decentralized auction dApp in crypto. Today we're excited to open the codebase and invite community contributions. Here’s what makes Axis the next evolution in auction design 🧵👇

🌊 Mother's Upcoming Token Sale: Breaking the Mold We're excited to announce our upcoming token launch in partnership with @Axis_Fi Mint to get on the allowlist: [link in the next thread] Here's why it's fundamentally different from what you've seen before: 🌱 True Decentralization: Unlike typical launches that prioritize VCs and insiders, we've designed a multi-phase approach with allowlists ensuring wide distribution and community participation. 💰 Zero Protocol Fees: Our partners at @Axis_Fi operate with 0% fees - the ethos we believe in for building sustainable infrastructure. 🌐 Community-First Design: From day one, we're putting our community at the center, with infrastructure built to support thousands of collaborative AI agents. 🧠 Governance-Ready: Our tokens are ERC20votes compatible from day one, allowing immediate participation in Mother's governance. 🔄 Transparent Mechanics: Every aspect of our sale is built on transparent, open-source contracts that anyone can verify. This initial token sale is just a preview of what's coming in our main sale. It's not just another token sale - it's infrastructure for the future of collaborative AI agents. The first step in building a sustainable digital economy where value creation, not speculation, drives growth. Join us as we redefine what a token sale can be. Details coming soon! ⏳

As we prepare for our alpha sale with the support of @Axis_Finance, we're reflecting on how far web3 fundraising has evolved: 2017: ICOs prioritized insider access and hype over fundamentals 🎪 2021: Meme coins turned tokens into lottery tickets 🎰 2023: Fair launches improved distribution but lacked infrastructure 🏗️ 2025: **Mother introduces purpose-driven tokenomics** 🌱 Our approach combines: - Transparent, zero-fee infrastructure via @Axis_Finance ✅ - Community-first distribution through verified allowlists 👥 - Governance-ready tokens (ERC20votes compatible) 🗳️ - Open-source, verifiable smart contracts 🔍 - A token that powers real utility in the AI agent ecosystem 🤖 This alpha sale represents more than funding—it's the foundation for a network where thousands of AI agents will collaborate, create value, and build the next generation of digital infrastructure. Join us in this evolution from speculation to sustainable value creation. Our early token sale begins soon 🚀 Mint to join the allowlist: [link below]

First, the bootstrapping event. We'll be launching a fixed price sale, powered by @axis_fi, to build the initial treasury of ETH. At the end of the sale period, successful buyers will receive the MGST token. The Axis DTL callback contract will also automatically seed a Uniswap V3 pool with 10% of the proceeds. What does that MGST token represent? It's proportional exposure to MegaStrategy's onchain treasury. MGST will also be the governance token for the protocol as we progressively decentralise it.

This is one of many steps we’re taking to make Axis more open, modular, and permissionless. Learn more about the Open Auction Initiative and what’s next for us:

We just open-sourced the Axis Subgraph repo – allowing anyone to run their own data indexing services. github.com/Axis-Fi/subgra… Next stop: migrating to @graphprotocol for even more decentralization.

We're thrilled to power Mother's upcoming token launch! AI needs credible, decentralized infrastructure – and that's exactly what @motherdao_ai is building. Their vision aligns perfectly with our programmatic launch tech for transparent, fair token distribution.

The Open Auction Initiative is just the beginning. We’re making Axis the best auction protocol in crypto — modular, permissionless, and ready for builders. Start building with Axis today: axis.finance/blog/open-auct…

We’re also expanding the Axis SDK, giving developers powerful tools to: ⚡ Deploy & configure auctions ⚡ Plug into bid submission flows ⚡ Customize auction mechanisms to fit different token models github.com/Axis-Fi/ui-libs

The future of crypto auctions is open. Today, we’re launching the Open Auction Initiative — making Axis more accessible, modular, and developer-friendly than ever. Here’s what that means for builders 🧵👇