Orca is going to use $9,350,000 for $ORCA buybacks and staking, if this proposal passes.
They generate $1.5M in revenue per month, and with their Token Launchpad being live, some of it could go into stimulating the token and incentivizing Wavebreak adoption.
Pumpfun went from 95% to 10% dominance at the lows, so keep an eye out for opportunities in a space where everything can change in one day.
A new ORCA Council governance proposal is live!
It would authorize using up to ~55K SOL of the DAO treasury to fund ORCA buybacks and stake in an Orca validator.
ORCA tokenholders may submit veto votes throughout the 5-day voting and 2-day cooldown periods.
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