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.
Amounts
a token: the full Timelock balance (~300,000,000 a).- WETH: the full Timelock balance (~14.76 WETH), used as the buying capital.
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.
