Simple Summary This proposal seeks to increase the weekly revenue allocation for $DRV token buybacks from 25% to 80%. # Abstract The objective of this proposal is to authorize the buyback and accumulation of $DRV tokens from the open market. This initiative aims to establish a fair market price for $DRV tokens and safeguard the Derive protocol against potential hostile takeovers exploiting undervaluation. Reference: [DIP] DRV Token Launch and Functionality (25% of protocol revenue will be...
Starts
May 15, 2025
Ends
May 18, 2025
Ended
Timeline of changes to this governance item
category_key changed
none → treasury
Mar 7, 2026, 9:36 AM
Item created
May 15, 2025, 1:18 PM