Executed

[U-1] Transfer treasury to buyback wallet


Proposal ID

921218...8588

Proposed

Jun 20th, 2026

Result details

1 address

40.86M votes

Final Votes

Quorum

40.86M of 40M

Majority support

Yes

For

40.86M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xaE75...4Fe7

Contract call

Function and parameters could not be decoded. View call data in Raw.

Custom

Account

0xaE75...4Fe7

Method

Contract call

Function and parameters could not be decoded. View call data in Raw.

Custom

0x4200...0006

transfer(..)

Custom

Account

0x4200...0006

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.

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.

Final Votes

Quorum

40.86M of 40M

Majority support

Yes

For

40.86M

Against

0

Abstain

0

Final Votes

1 address

40.86M votes

Status

Sat Jun 20, 08:53 pm

Published onchain

Sat Jun 20, 10:53 pm

Voting period started

Sun Jun 21, 12:53 pm

Voting period ended

Sun Jun 21, 12:53 pm

Proposal queued

Mon Jun 22, 12:53 pm

Proposal executed