This proposal seeks DAO approval to completely shut down INT Protocol. Lottery participation has declined to minimal levels, the entire lucky IFT supply has been minted, and protocol reserves have been substantially depleted. Continued operation also exposes remaining funds to further contract exploits and potential hostile treasury takeovers.

The proposal approves transferring remaining protocol-owned treasury funds to the operations multisig and authorizes it to carry out an orderly shutdown:

• Disable lottery, staking and other protocol activity, then revoke obsolete contract permissions.
• Settle outstanding user obligations, return IFT vault INT to owners, withdraw protocol liquidity and consolidate remaining assets.
• Reserve 2,000 USDC for shutdown operations, infrastructure and the redemption website. Convert the remaining USDC into WETH.
• Exclude protocol-owned INT and fund an INT-to-WETH redemption contract.

Preliminary calculations indicate approximately 9.8 WETH available for distribution, equivalent to roughly 0.041 WETH per million eligible INT. The final rate will depend on recovered assets, settled obligations and execution costs.

Redemption will remain open for one year from activation. After that deadline, claims will close and the multisig may withdraw any unclaimed funds.

Passing this proposal constitutes the DAO’s formal support for the complete protocol shutdown, the treasury transfer and execution of this plan by the operations multisig.