Proposal CP_25-021: Accelerating a 100% $COINAGE Buy & Burn

Earlier this year, Coinage identified the opportunity to become a leading creator on the Zora platform. In short order, we have achieved that goal, with $COINAGE rising to become a Top 10 token on the platform.

Trading activity via our Zora creator coin has resulted in a windfall of more than $100,000 in trading fees. This proposal seeks to codify plans on how to best continue to support trading liquidity and growth of the Coinage creator coin. Of course, via proposal 25-017, Coinage is barred from selling any $COINAGE tokens through 2025.

As we look ahead to 2026, this proposal seeks to establish a plan to accelerate our flywheel passed under CP_25-020 and CP_25-018, which approved 100 discounted mints priced in $COINAGE. As of this proposal, 27 memberships have been redeemed.

If passed, this proposal seeks to accelerate from a 10% fee burn to a 100% Buy-and-Burn program for fees generated from $COINAGE trading after we cross 100 mints or during Q1 2026, whichever occurs first.

1. Phase I (January--March, or for 3 Months after 100 Discounted Mints)

• Coinage DAO will direct 100% of ZORA earned in trading fees to buy $COINAGE on the open market and permanently burn those tokens.
• Burns will occur on a monthly basis throughout the quarter, with transparent on-chain reporting provided to DAO members after each event.

Additionally, this proposal would also set the following $COINAGE unlock schedule for Coinage's DAO:

Beginning 2026

• The $COINAGE controlled by the DAO will unlock linearly at 1.25% per quarter. (Keep in mind this percentage is already a fraction of the 50% supply that unlocked over 5 years via Zora's automatic vesting schedules for creator coins.) The quarterly unlock is designed to ensure Coinage maintains sufficient resources to expand creator partnerships, fund initiatives, and support community-driven growth.

• Review Period At the end of Q4 2026, the DAO will revisit this framework.

Voting & Participation

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

NOTE: To vote, a wallet must hold a Coinage Caucus or Network NFT. These NFTs grant access to DAO governance, including proposal voting and eligibility for patronage dividends. To join the fastest-growing Web3 media collective --- alongside the co-founder of Netflix and other Web3 leaders --- mint a Coinage NFT today and become a co-owner in the future of decentralized media..