Proposal CP_26-003: June 2026 $COINAGE Burn + Buyback Program

This proposal seeks to launch a two-part $COINAGE buy and burn initiative during the month of June 2026. June is Membership Month!

The proposal would:

1. Permanently burn 50,000,000 treasury-held $COINAGE tokens.

2. Launch a membership-driven open-market buyback program capped at $10,000 for the month of June.

The goal is simple: continue aligning Coinage's growth with long-term community ownership while reducing overall token supply in a transparent and sustainable way.

Unlike many token buyback programs in crypto, this proposal separates treasury supply reduction from open-market purchases. The treasury burn reduces existing treasury-held supply, while the buyback program uses a capped portion of membership activity to purchase and permanently remove tokens from circulation over time.

We believe this creates a healthier long-term framework for the Coinage ecosystem while continuing to reward ecosystem growth and participation.

Background 

Coinage has continued experimenting with ways to align community participation with long-term ecosystem ownership.

Since launch, Coinage has explored token burns tied to community engagement through the READ/WATCH/OWN program, while continuing to grow the broader Coinage ecosystem around memberships, NFTs, and DAO/Co-op participation as a truth collective.

As the ecosystem has evolved, one thing has become increasingly clear: large treasury allocations can create perceived long-term supply overhangs, even when those tokens are sitting inactive in the DAO treasury.

At the same time, Coinage memberships represent real economic activity and real ecosystem growth.

This proposal seeks to address both dynamics at once by:

• Reducing treasury-held token supply.

• Connecting membership growth directly to recurring buybacks and burns.

• Establishing a transparent framework for future treasury actions.

We believe this reinforces the idea that as the Coinage ecosystem grows, a portion of that growth can continuously be used to reduce token supply over time.

Proposal Details

Part 1 --- Treasury Burn

This proposal would authorize Coinage to permanently burn 50,000,000 treasury-held $COINAGE tokens during the month of June 2026.

These tokens are currently held by the Coinage treasury.

The burn would:

• Permanently remove 50,000,000 $COINAGE from treasury reserves

• Reduce total outstanding supply

• Reduce perceived future treasury overhang

• Increase transparency around long-term treasury policy

Part 2 --- Membership-Driven Buyback

In addition to the treasury burn, this proposal would allocate a portion of June membership mint activity toward recurring open-market purchases of $COINAGE.

The program would operate under the following framework:

• For each Coinage membership minted during June 2026, a predetermined amount would be allocated toward recurring open-market purchases of $COINAGE.

• All purchased tokens would be permanently burned.

• Total buyback allocation would be capped at $10,000 for the month.

• Purchases may occur periodically throughout the month as new NFT mints come in rather than through a single transaction.

The intent behind this structure is to directly connect new member mints with the celebration of buying back $COINAGE.

Strategic Rationale

The Coinage ecosystem is built around community ownership and participation.

This proposal reinforces that model by linking:

• Membership growth

• Treasury stewardship

• Long-term supply reduction

We also believe this proposal continues differentiating Coinage from purely speculative token ecosystems by grounding treasury actions in actual ecosystem activity.

As memberships grow, the Coinage ecosystem gains:

• Additional community members

• Additional treasury resources

• Additional opportunities for long-term supply reduction

Approving this proposal would establish a transparent framework for treasury-driven supply reduction directly tied to ecosystem participation and long-term community growth moving forward.

Members are encouraged to join the discussion in our token-gated Telegram!

NOTE: In order to vote, a wallet must hold a Coinage Caucus or Network NFT. Our Caucus and Network NFTs allow holders to join our DAO/Co-op. To co-own the fastest-growing Web3 media outlet, you can mint one now. Become an official DAO member to become eligible for voting and patronage dividends. By minting, you will stand alongside the co-founder of Netflix, and other Web3 leaders today!