Orca DAO has advanced a treasury management proposal involving the staking of 55,000 SOL and a two-year token buyback program aimed at enhancing ORCA’s market value and reducing its circulating supply.
The strategy will deploy Treasury-held SOL and USDC to systematically repurchase ORCA tokens over 24 months, targeting decreased market availability of the token. Acquired tokens may be repurposed for ecosystem rewards or protocol development needs. The DAO will conduct purchases during optimal market conditions to reduce price volatility impact, with all repurchased tokens secured in a multi-signature treasury wallet under decentralized governance control.
Approval requires a community vote through a 5-day governance window and a subsequent 2-day veto deliberation period for tokenholders. This mirrors earlier successful tokenomics measures—including a 25% supply burn and $10 million buyback—which previously drove ORCA’s price up by 76.8% through deliberate supply contraction mechanisms.