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STON.fi DAO Updates

10 Jan, 21:23

Open in Telegram Share Report

✅ Proposal Accepted

Convert protocol fees to STON and GEMSTON tokens

This proposal outlines a mechanism to utilize STON.fi protocol fees for the regular acquisition of STON and GEMSTON tokens from the open market for treasury purposes. It specifies that up to 50% of collected fees, initially from TON and USDT, will be used for this process, with the remaining portion dedicated to development and operational needs. Acquired tokens will be held in the treasury, and future decisions regarding their use will be determined by the DAO. The proposal emphasizes transparent, DAO-controlled management of fees and aims to strengthen the utility and economic model of STON and GEMSTON within the protocol. It also details principles for the acquisition process to ensure compliance and avoid market manipulation.

AI-generated summary. Please refer to the full proposal for details.

🗳️ The proposal has been approved by the DAO and passed all required conditions. The decision moves to implementation according to DAO processes.

🔗 View in DAO (EQAx...rukV)

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