Great proposal by @DriftProtocol ! Strategic Acquisition Proposal: - Security Council to deploy $1M of protocol fees to buy back $DRIFT when it’s cheap - Seed a Strategic Growth Fund for staker rewards, liquidity mining & builder grants
DIP4: Drift Strategic Acquisition Proposal Vote Is Live! This proposal aims to: → $1M USDC from Drift's Protocol owned assets to reinvest to buy back DRIFT → Buy back DRIFT strategically over 3 months → Seed a Strategic Growth Fund to fuel possible incentives, grants & ecosystem growth
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