Ember Vault : A buyback mechanism for $MET

Proposals
1

Gmet,

Following the Jupiter pawsteps, (Litterbox Trust) and after witnessing the Hyperliquid’s successful tokenomics, i’m proposing to create the Ember Vault, a strategic reserve and buyback mechanism for MET.

By doing this, MET becomes a solid, long term appreciating digital asset, backed by actual revenue.
(Versus just another governance token)

  • 50% of the protocol fees used to purchase MET daily on the open market

  • Active from day one to lower sell pressure significantly on TGE

50% Protocol fees
50% Protocol fees1000×250 34.4 KB

2 Likes
2

It’s a good proposal but I think team already have the plan in place.