Should We Formally Request (as a DAO community) Techlead to Apply for a Kraken Listing for Million Token ($MM)?

This proposal asks the Million Token community to vote and formally issue a request for our founder, TechLead, to submit an application to Kraken to list Million Token ($MM) on their exchange.

If this proposal passes, it acts as the official community authorization and formal request for TechLead to submit the Kraken listing application.

Kraken is one of the most reputable, secure, and compliance-focused cryptocurrency exchanges globally. A listing would substantially increase visibility, credibility, and ease of access for Million Token.

Unlike many exchanges, Kraken does not charge a listing fee, marketing fee, or any upfront cost. Listing decisions are based solely on Kraken’s evaluation of the project, founder, community strength, security, and liquidity readiness.

A community whale has committed to providing liquidity if Kraken requests liquidity support during or after their listing review process.

⸻

Proposal Details

1. Kraken Listing Application Process

Kraken’s listing process is straightforward: • The application is free. • No listing fee or marketing fee is required. • Kraken independently reviews the project and decides whether to list it. • Kraken places strong emphasis on: • founder identity and leadership • overall project legitimacy • community support • liquidity readiness

Because Kraken requires a verified founder or core project representative to submit the application, the application must be submitted by TechLead.

Kraken Application Link (Official):

https://support.kraken.com/articles/360001388206-new-asset-listing-requests This is the exact page where TechLead would need to apply.

Kraken Listing Guide (Recommended Reading):

https://blog.kraken.com/product/asset-listings/5-simple-steps-how-to-get-listed-on-kraken This guide explains Kraken’s expectations, review criteria, and best practices.

⸻

2. Liquidity Provision (If Kraken Requires It)

Kraken may expect projects to demonstrate adequate liquidity or provide liquidity support for the initial trading pair(s).

A verified Million Token community whale has already volunteered to: • provide the necessary liquidity, • support order books if required, and • assist with market stability during the early stages.

This involves no cost to the treasury and does not affect the liquidity floor.

⸻

3. Zero Impact on the $1 Liquidity Floor

Since Kraken requires no listing fee, no marketing fee, and no payment of any kind, the Million Token liquidity floor remains entirely untouched. • No reallocation of funds is needed. • No treasury spending is required. • The $1 floor remains fully intact and supported exactly as it is today.

⸻

What This Proposal Will Achieve

If this governance proposal passes, it will serve as the community’s formal authorization and request for TechLead to submit the official Million Token listing application to Kraken, using the Kraken submission form linked above.

Kraken will then: • review the application on their own timeline, • decide whether to approve the listing, and • potentially open trading for MM if the review is successful.

If Kraken declines the listing request:

The project may resubmit a new application after a minimum of three months has passed from the date of the decline, consistent with Kraken’s standard reapplication window.

This maintains the opportunity to pursue a Kraken listing again in the future if needed.

This information is included for awareness; any future attempt to reapply would require a separate community discussion or decision.

This proposal therefore remains a high-upside, zero-cost request for TechLead to submit the initial application to Kraken.

Thank you.