Orca DAO proposes 55,000 SOL staking and a two-year ORCA buyback program

2025/08/07 08:34

PANews reported on August 7th that the Orca DAO, associated with Solana's liquidity protocol Orca, has proposed a new governance plan, staking up to approximately 55,000 SOL to Orca validators and initiating a 24-month ORCA buyback program. The repurchased tokens can be burned, used for xORCA rewards, or used as ecosystem grants.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.