Transfer 370M PLS from Yield Arm to Liquidity Web Arm for ORD Buyback

Summary

This proposal seeks to transfer 370 million PLS from the Yield Arm to the Liquidity Web Arm. The transferred funds will be used to buy back ORD at current market prices, with the goal of accumulating more ORD for future liquidity provisioning while prices remain low.

Rationale

Strategic ORD Accumulation: The protocol can secure more ORD at a favorable price, increasing the potential impact of future liquidity adds.

Strengthening Protocol-Owned Liquidity (POL): Holding additional ORD enables deeper, protocol-controlled liquidity in the future.

Execution Plan

Transfer of 370M PLS from the Yield Arm to the Liquidity Web Arm.

Liquidity Web Arm deploys the PLS for ORD buybacks in a structured manner to avoid excessive market impact.

Purchased ORD is held within the Liquidity Web Arm and reserved for future liquidity provisioning.

Potential Risks & Mitigations

Market Impact on ORD Price: The buyback will be executed strategically over time to avoid excessive price volatility.