What is the DAO PROPOSAL all about? So $HOME is the utility token of @DEFIdotapp and the latest proposal by the DAO is to create a vote to use 80% of the protocol's revenue to buy back the token. Now this is a great proposal, because what this does for the token is that it creates value for the token holders, creates higher trust in the future of the ecosystem, reduces sell pressure, higher price equals higher demand, and this in turn drives the price up. Holders FOMO when the price is up, and FUD when there's a reduction in price; it'll strengthen the DAO's Treasury funding as well. So this sort of proposal aims to strengthen the governance token of DEF APP. 80% will surely come at a cost; perhaps this might lead to a reduction in the revenue meant for the development of other sectors in the ecosystem. However, this is still a proposal that needs to be approved by the DAO when it passes a certain threshold of votes. If you don't already know, @defidotapp is a DEFI protocol that lets you trade (PERPS-future) offers bridge-less swaps across multiple Blockchains, fee-less transactions, and a simplified gamification system that rewards you for simply doing relative tasks on the protocol.. If you're looking to join, then register with my link.