This proposal introduces a protocol-level $LVVA token buyback mechanism funded by Levva’s protocol revenues.
The purpose of this vote is to:
- Establish a clear value-return mechanism for $LVVA holders
- Allocate 25% of Levva’s annual protocol fees toward $LVVA buybacks
- Align long-term protocol usage with token value creation
Activate the next step of the $LVVA value flywheel
If approved, the following framework will apply:
- 25% of annual protocol fees will be used to buy back $LVVA tokens
- Buybacks will be executed on the open market
- Buybacks will be conducted annually (or in structured tranches within the year, subject to execution planning)
- Execution details will be disclosed after completion to avoid market manipulation and front-running
- Remaining protocol fees will continue to support operations, development, security, and ecosystem growth
This proposal does not change any protocol parameters, introduce new emissions, or affect user funds.
If approved, future proposals may include:
- Increasing the percentage of fees allocated to buybacks
- Adjusting buyback frequency or structure
- Additional value distribution mechanisms
This vote establishes the initial buyback framework only.
Voting options
Please notice: Voting power is based on your $LVVA balance at the moment voting starts. Make sure your tokens are in your wallet before the start time.