Buy and Burn ORD

84M PLS has been gathered from third party yield protocols, originally designed to be distributed among ORD holders due to the amount being fairly low the community has came to the consensus that it will be better to utilise these funds by buying and burning ORD.

If this proposal passes the 84M PLS will be used to buy ORD in small chunks to avoid being used as sell pressure and will happen randomly over a number of days.

Once all of the ORD has been bought over X amount of days it will then be sent to the 369 burn address.

In addition to this going forward any drips of yield further received from third party assets will be split 50/50. 50% being sent to the main ORD treasury to be flushed and the remaining 50% being used for more ORD buy and burns.

If in due course the yield from third party assets picks back up to significant numbers we can revisit what is done with the yield in a new proposal.