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Orion DirectiveOrion Directiveby0xac0bAD4bae0c664e8dcD7991239958e7846Cb477oriondirective.eth

DAO Initialisation: Implementation of Weekly Flush Percentages and Treasury Address Update

Voting ended about 1 year agoSucceeded

This proposal introduces and formalizes the weekly flush mechanism to ensure efficient allocation of Treasury funds across the Liquidity Web Arm, Yield Arm, and Trading Arm. Additionally, we propose updating the Treasury address and establishing new dedicated wallets for each arm, marking a step toward enhanced operational structure and security for the Orion Protocol.

Proposal Details

  1. Weekly Flush Mechanism The weekly flush is a foundational process within the Orion Protocol's Treasury management strategy. It involves redistributing collected tax revenues to support the activities of the three specialized Treasury arms. This ensures efficient use of resources to enhance token liquidity, generate yield, and explore trading opportunities.

Proposed Allocation Percentages

Liquidity Web Arm: 50% Wallet Address: 0xEA58561A2034fACE6c64424c93044b93e0204a10

Yield Arm: 35% Wallet Address: 0xcC07393589eE80df7764335914d9aE00474BfE01

Trading Arm: 15% Wallet Address: 0xfdD8cE5994D00922df312ad4ea9aB7d88Ad3fd38

  1. Treasury Address Update

To streamline Treasury operations and enhance security, we propose updating the Treasury's primary address. This marks a new chapter for the protocol and its operations.

Current Address: 0xfcc3f400b8797ddad8ecf7f62dc999fc2a89533d

Proposed New Address: 0xe924C04C988611bcf4f8c0ECfbe5073b70A7886C

The new address aligns with our commitment to adaptability and operational optimization. All future Treasury funds will flow through this updated address upon proposal approval and all funds currently held within current Treasury address will be moved over to the new Treasury address.

  1. Rationale for Changes

Flush Percentages: These allocations reflect a balanced approach, prioritizing liquidity stabilization while investing in yield-generation strategies and high-risk opportunities to grow the Treasury.

New Wallets: Segregated wallets for each arm enhance transparency and accountability, allowing the community to monitor and audit funds effectively.

Treasury Address Update: Transitioning to a new address ensures continuity and security as the protocol evolves.

Governance Process

If this proposal passes, the following actions will take place:

The weekly flush mechanism will be implemented with the proposed allocation percentages.

The Treasury address will be updated to 0xe924C04C988611bcf4f8c0ECfbe5073b70A7886C.

The new wallets for the Liquidity, Yield, and Trading Arms will be activated for their respective allocations.

We encourage all token holders to review this proposal and cast their votes.

Your support ensures the protocol continues to evolve with a robust and transparent foundation.

Off-Chain Vote

For
92.23M ORD100%
Against
0 ORD0%
Quorum:115%
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Timeline

Jan 02, 2025Proposal created
Jan 02, 2025Proposal vote started
Jan 03, 2025Proposal vote ended
Oct 02, 2025Proposal updated