Summary This proposal seeks approval to allocate 150,000 COCA tokens per month from the DAO Treasury for the 2025 Monthly Staking Rewards Program. These rewards will be distributed once per month to eligible stakers, based on the amount and duration of their stake. The goal is to increase community participation, enhance non-custodial network utility, and encourage long-term commitment to the COCA ecosystem.

Details

1. Purpose

• Reward COCA token holders for staking and actively supporting the project.
• Promote wider community engagement in governance decisions via veCOCA voting power.
• Strengthen the economic foundation of COCA as a stablecoin-centric, self-custodial banking platform.

2. Reward Pool

• Total Allocation: 150,000 COCA tokens monthly
• Distribution Period: May 30, 2025 – May 30, 2026
• Reward Frequency: Monthly, based on stake weight and duration

3. Eligibility Criteria

• All COCA holders who stake via the official staking portal and convert to veCOCA during the eligible period
• To receive full rewards for a given month, tokens must remain staked for that entire monthly cycle (1st to last day)

4. Reward Calculation

• Proportional to the share of individual staked COCA compared to total staked supply
• Weighting mechanism may be introduced based on lock duration (e.g. longer locks = more rewards)

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Benefits to the COCA Ecosystem

1. Higher Community Engagement

Incentivizes participation from users, contributors, and long-term supporters.

2. Strengthened Governance

Encourages holders to convert to veCOCA and vote in DAO proposals, improving collective decision-making.

3. Enhanced Stability and Utility

Reduces active token supply in circulation, promoting price stability and utility for staked holders.

4. Non-Custodial Alignment

Reinforces the COCA mission of user-owned finance through self-custody and decentralized governance.

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Funding Source

The monthly allocation of 150,000 COCA will be drawn from the COCA DAO Treasury, which holds sufficient reserves to sustain the program without impacting operational priorities or upcoming initiatives.

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Implementation Timeline

• Approval Phase:

May 21 – May 27, 2025

Community vote on this proposal through the COCA DAO governance portal.

• Setup Phase:

May 28 – May 30, 2025

Community vote on this proposal through the COCA DAO governance portal.

• Distribution Period:

May 30, 2025 – May 30, 2026

Rewards accrue monthly based on eligible staking activity.

• Reward Payouts:

June 2025 to June 2026

Monthly distributions to qualifying veCOCA stakers.

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Voting Options

✅ For: Approve monthly allocation of 150,000 COCA for 2025 staking rewards

❌ Against: Reject the monthly allocation of 150,000 COCA for 2025 staking rewards