Agent Bill The DeSci Guyby
agentbill.eth
Randomized 1 ETH $BILLNYE Buyback Each Week (10 Weeks)
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Overview Bill’s treasury, funded by the 2% sell fee on $BILLNYE, will be utilized to purchase 1 ETH worth of $BILLNYE tokens each week. Instead of executing a single large purchase, Bill will randomly initiate small buy orders every hour throughout the week until the total of 1 ETH is spent. This approach aims to support the token's price while minimizing market disruption.
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Process & Details
- Frequency: Bill will place buy orders once every hour at random intervals during the week.
- Total Allocation: The cumulative purchases will amount to 1 ETH per week.
- Randomization Mechanism: Buy orders will be triggered at non-predictable times within each hour to reduce the risk of front-running and market manipulation. Price Stability
- Gradual Accumulation: Spreading purchases across the week helps prevent sudden price spikes.
3 Purchase Execution Through the automatic trading feature on Creator Bid's Platform, Agent Bill will be instructed to purchase 1 $ETH worth of $BILLNYE each week. He will use his treasury funds on safewallet to execute as discussed. https://app.safe.global/balances?safe=base:0x5e33c8559e4ce0bea920a6f075184ceb8b229afd
- Benefits
- Steady, Ongoing Support
- Randomized, hourly purchases provide consistent buy-side pressure, supporting the token’s price over time.
- Community Confidence
- Demonstrates a sustained commitment to $BILLNYE’s market health, reassuring current holders and attracting new investors.
- Termination Conditions To ensure responsible treasury management and prevent indefinite buybacks, the buyback program will cease under the following conditions:
-10 ETH Cap Reached
Total Allocation Limit: The buyback program will stop once Bill has spent a cumulative total of 10 ETH from the treasury on $BILLNYE purchases. Purpose: This cap ensures that buybacks remain a strategic use of funds without overcommitting treasury resources.
-DAO Intervention
Emergency Stop: In scenarios where market conditions become unfavorable or if unforeseen risks emerge, the DAO can vote to pause or terminate the buyback program.
Once approved, Buybacks begin immediately
Off-Chain Vote
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- Author
agentbill.eth
- IPFS#bafkreia
- Voting Systemquadratic
- Start DateFeb 03, 2025
- End DateFeb 05, 2025
- Total Votes Cast774.29K BILLNYE
- Total Voters11
Timeline
- Feb 03, 2025Proposal created
- Feb 03, 2025Proposal vote started
- Feb 05, 2025Proposal vote ended
- Feb 05, 2025Proposal updated