This proposal has the purpose of creating a sustainable ground for the future of Merit Circle and the MC token. We propose to use the proceeds from realized gains on investments across various investments done by the DAO to be deployed in a structured manner. This consists of using one part to re-fill the treasury in USDC, one part buying back MC tokens for the treasury and the remaining part burning a part of the MC tokens bought back.
The full proposal and discussion can be found here: https://gov.meritcircle.io/t/sustainable-future-vision/192
Should the Merit Circle DAO adopt the token economics improvements as proposed in MIP-7?