Defeated

[U-2] Transfer treasury to buyback wallet


ID 502769...1713

ID 502769...1713

Proposed on: Jun 22nd, 2026

Proposed on: Jun 22nd, 2026

Result details
Final Votes

Quorum

92.23M of 40M

Majority support

No

For

92.23M

Against

138.92M

Abstain

0

Actions

Type

Address

Details

Custom

0xDaD1...77b0

transfer(..)

Custom

Account

0xDaD1...77b0

Method

transfer(..)

Proposal

Summary Transfer the entire balance of the a token and WETH currently held by the Timelock (the DAO treasury) to a dedicated buyback operations wallet. The wallet will use these funds to buy back the a token from the open market.

Rationale The project has gone quiet and lost on-chain momentum. A sustained, market-driven buyback program is meant to revive the project: bring steady buy-side pressure, support liquidity, rebuild holder confidence, and signal long-term commitment to the community.

Mechanics Buybacks are executed gradually over time, never as a single large order. Purchases are spread across randomized times and randomized sizes, so the program is unpredictable and hard to front-run, and so it produces a continuous, organic flow of buys instead of a one-off spike. The goal is to keep the chart and the community alive. The buyback wallet only executes purchases of the a token; it does not hold the funds idle beyond what is needed to operate the program. Accountability The buyback wallet address and all of its on-chain activity are public and can be tracked by any holder. Buyback progress will be reported back to governance on a regular basis.

Final Votes

Quorum

92.23M of 40M

Majority support

No

For

92.23M

Against

138.92M

Abstain

0

Final Votes
Status

Mon Jun 22, 08:29 pm

Published onchain

Mon Jun 22, 10:29 pm

Voting period started

Tue Jun 23, 12:29 pm

Voting period ended

Proposal defeated