AGP-2: Surplus Revenue Buyback Policy

Please read the full proposal: https://agp.aevo.xyz

Following the approval of AGP-1 and AGP-1.5, surplus protocol revenue has been used to perform $AEVO buybacks. The tokens acquired through these buybacks have remained under Treasury control and have not been utilized.

This proposal formalizes the current use of surplus revenue for buybacks, acknowledges actions taken to date, and defers any decision on the use of the acquired tokens to a future governance process:

• Surplus protocol revenue, defined as revenue remaining after Insurance Fund allocation and the coverage of operating expenses, will be used to buy back $AEVO onchain via the open market.

• Buybacks will resume with a committed schedule of monthly executions during Q2/Q3 2025 (May to July), each consisting of 1 million $AEVO, matching the amount used in the 2024 buybacks.

• Further buybacks beyond may be executed by the Treasury & Revenues Management Committee based on the defined parameters and evolving market considerations.

• $AEVO acquired through buybacks will remain under DAO control and will not be distributed, burned, or otherwise utilized until a separate governance proposal determines its use.

• A future proposal will address the intended use of the accumulated tokens, which may include, but is not limited to: protocol-owned liquidity (POL), token burns, incentive programs, or strategic reserves.

AGP-2 was posted on our governance repository last April 16 and opened for discussion on our Discord server governance forum as of then. If you would like to engage with the Community about the proposal or have questions, join us using the link below.