Summary:
This proposal recommends a strategic reallocation of specific assets within the Strategic Reserve. It authorizes the liquidation of 100% of the strategic reserves holdings in Remember, Missor, and BTC, along with the sale of 0.5 ETH. The proceeds will be allocated in three ways: a contribution to the new buy-and-burn address, and strategic purchases of PLSX and pHEX.
Actions to be Taken:
Asset Liquidation:
Sell 100% of Remember (REMEMBER) holdings.
Sell 100% of Missor (MISSOR) holdings.
Sell 100% of BTC holdings.
Sell 0.5 ETH.
Fund Allocation from Proceeds:
30% to be sent to the Buy-and-Burn Wallet:
0x3d79bcd0c8A39EF815199Ce7c0d742E3aEa126aD40% to be used to purchase PLSX.
30% to be used to purchase pHEX.
Rationale:
Asset Realignment: The selected assets (REMEMBER, MISSOR, BTC, and partial ETH) are deemed non-core to the protocol’s near-term strategy. Liquidating them allows capital to be redirected toward more mission-aligned goals.
PLSX and pHEX Accumulation: Both tokens represent strategic exposure to high-engagement ecosystems, with higher short to midterm potential than the assets being liquidated.
Buy-and-Burn Support: Funding the buy-and-burn mechanism increases the deflationary pressure on ORD, contributing to value accrual for token holders and aligning with growing community interest in reducing circulating supply.