Orca Dao’s Bold New Proposal: Boosting Solana Orientation and Long-Term Value
In a move that’s generating significant buzz in the crypto community, Orca Dao has unveiled a new financial proposal that aims to bring back 55,000 SOL and implement a 24-month buyback program for the Orca token. This ambitious plan is designed to reduce the protocol’s care, strengthen its Solana orientation, and increase its long-term value. The proposal was presented to the Governance Council on August 6th, and if approved, it could have a profound impact on the Orca ecosystem.
Key Components of the Proposal
The proposal has several key components that are worth exploring. Firstly, the buyback program would allow the Council to purchase Orca tokens from the Finance Ministry’s holdings using SOL and USD Coin (USDC). This would help to reduce the supply of Orca tokens in circulation, which could, in turn, increase their value. The purchased tokens could then be used to support ecosystem growth, burned to reduce the total supply, or distributed as rewards to XORCA participants.
Validator Node and Ecosystem Growth
The proposal also involves setting up a new validator node that would enable Orca to utilize its unused financial assets while promoting the stability and decentralization of the Solana (SOL) network. This move is expected to increase the transaction spread of the Orca protocol and earn rewards that could be used for grants, token incentives, or additional development. By doing so, Orca Dao is demonstrating its commitment to the Solana ecosystem and its desire to contribute to its growth and stability.
Transparency and Accountability
To ensure transparency and accountability, the Council has pledged to publish detailed quarterly reports that include information on token purchases, average prices, and financial assets. All relevant data will be made publicly available on-chain, providing stakeholders with a clear understanding of the proposal’s progress and impact. This level of transparency is essential in building trust and confidence within the Orca community.
Deflation, Incentives, and Ecosystem Growth
This proposal is the latest in a series of moves by Orca Dao to introduce deflationary mechanisms and incentives that promote ecosystem growth. The previous proposal in April 2025, which offered a 25% incentive and a $10 million replacement, led to a 76.8% increase in the price of Orca. The latest proposal continues this trend, introducing inviting income and a longer surrender window. By doing so, Orca Dao is creating a more attractive and rewarding environment for its stakeholders.
The proposal is currently undergoing a four-day discussion period, followed by a five-day on-chain voting period. If approved, the Council will proceed with the implementation, and the Orca ecosystem will likely undergo significant changes. As the crypto space continues to evolve, it’s exciting to see projects like Orca Dao pushing the boundaries and exploring new ways to create value and drive growth.
