One-Time Buy & Burn Using 150M PLS from the Yield Arm

Objective

This proposal seeks approval to allocate 150M PLS from the Yield Arm for a one-time Buy & Burn of ORD tokens.

Execution Plan

The 150M PLS will be used to purchase ORD in a controlled manner over a 0-36 hour period.

Purchases will be executed in 10 transactions of 15M PLS each to prevent a single large price spike that could be sold into.

Once all purchases are completed, all acquired ORD tokens will be sent to the burn address, permanently removing them from circulation.

Expected Impact

Reduces circulating supply, increasing scarcity and long-term value.

Enhances market stability by distributing buys over time, preventing excessive volatility.

Boosts investor confidence during a period of uncertainty.

Voting & Implementation

If approved, execution will begin following the governance voting process.