Occa Dao has changed a new Treasury offer proposal to strengthen the Orca Protocol through Solana stacking and long -term token buyback.
Summary
- Orca Dao has planned to stake 55k Soul and Runarid Orca over a period of 24 months.
- The repurchase tokens can be burnt, which can be used for prize staging, or ecosystem projects.
- The initiative attempts to reduce supply, strengthen the solution alignment and promote long -term protocol value.
The proposal was posted on 6 August at the Orca (Orca) Governance Forum. If it was.
Change is expected to increase transaction spread of orca protocols, which earn stake rewards that can be used for grants, tokens intentions or additional devils.
This verification will give the orca a means of good use of unused treasury assets to promote the stability and decentralization of the Solna network.
Buyback program to reduce supply and reward holders
The proposal includes a 24 -month buyback process for staging for the orche tokens. Council wounds are allowed to repay ORCA from Open Market using Treasury’s Sol and USD Coin (USDC) holdings, currently about 55,000 soles and $ 400,000, respectable.
To reduce the impact on the market, these crams will be given carefully time. Buyback will be banned according to the trading volume and the duration of high value instability will be stopped.
The purchased tokens will be placed in a multi-square wallet under DAO control. On the requirements of the December protocol, they can be distributed as grants to support the expansion of the ecosystem, permanently to reduce the amount in circulation, or to Xorca staking parties as additional rewards.
To infect transparency, the council has committed to publish a detailed quarterly report that includes token purchases, average prices and information of treasury Balas. Additionally, all relevant wallets will be publicly available on-chains.
Deflation, staging intentions, and ecosystems glory
The proposal comes after the pre -April 2025 proposal that supports 25% support and supports $ 10 million in purchase, increasing the price of Occa 76.8%. The latest proposal is that introduction-based revenue and a tantrum of deflation by a long buyback window.
Following the four-day discussion period, the proposal will be subjugated for a five-day-chain vote, followed by a two-day cold-stage phase that token hearing can subscribe to a veto. If no veto is submitted, the council will proceed with execution.