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MahaDAOMahaDAOby0x1F09Ec21d7fd0A21879b919bf0f9C46e6b85CA8bdeployer.maha.eth

MIP-0035: Buyback and Burn MAHA using protocol revenue

Voting ended over 1 year agoSucceeded

This proposal outlines a strategy to utilize the stablecoin yields generated by our protocol to buyback and burn MAHA tokens, thereby potentially increasing the value and scarcity of MAHA.

After much debate within the community we have agreed to the following distribution of revenue from the upcoming RWA collateral.

  • 12.5% to buyback and burn
  • 12.5% to Maha Stakers
  • 5% to “DAO Treasury”
  • 70% to sZAI stakers

More information about the allocation and the distribution of funds can be found in the discussion forums. Distribution of revenue is to happen immediately after the proposal gets voted upon.

Off-Chain Vote

Yae
111.01K MAHAX64.7%
Nae
60.5K MAHAX35.3%
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Discussion

MahaDAOMIP-0035: Buyback and Burn MAHA using protocol revenue

Timeline

Dec 02, 2024Proposal created
Dec 02, 2024Proposal vote started
Dec 05, 2024Proposal vote ended
Dec 05, 2024Proposal updated