proposal 3: buy MOIN toward the dao owning 1%
· the moin team
in proposals
- buyback
- treasury
Moin! The dao's ideas board picked this one: own 1% of MOIN. Proposal 3 starts the dao on it — buying 2,100,000 MOIN with spare SOL and holding it the way a holder does, so it earns drops. A first step toward the dao owning 10,000,000 MOIN, 1% of the whole supply.
The dao already holds 2,908,669 MOIN. This round brings it to 5,008,669 — about 50% of the way to 10M — and puts all of it to work earning.
what it does
The dao buys the MOIN on PumpSwap with the spare SOL your drops brought it, as soon as the vote passes. It sets the MOIN it wants and the most SOL it will pay; if the price has run past that, it waits and tries again, so the dao never overpays.
Then it holds the MOIN the way you do — in an account that earns pump.fun's drops, not sitting idle. The 2,908,669 MOIN the dao already held moves into that account too, so none of it sits still, and the keeper sweeps the drops to the treasury.
It only ever spends spare SOL — what sits above the dao's reserve. Each step checks on Solana that the reserve is still there; if it would dip below, it waits for the next drop first. The reserve is never touched.
why
The ideas board's number two, backed by the dao: the dao buys 10M MOIN, 1% of the 1,000M supply. Held in an earning account, that MOIN brings the dao its own share of the drops — so the more it owns, the more comes back, round after round, whether or not anyone else keeps redirecting. The dao's income no longer leans on who shows up: not the whales, a market-maker, or the biggest holders. The drops grow the reserve, and the MOIN is out of circulation while the dao holds it.
10M is a lot to hold at once, so the dao does it in rounds, and this is the first. The treasury funds the next ones from the drops that keep coming in. Starting now, while it's still within reach, is the whole point.
good to know
- It targets MOIN, not a budget. The round aims at a number of MOIN, never an amount to spend; the "at most this much SOL" only keeps the dao from overpaying.
- The dao keeps control. The earning account is the dao's own: the MOIN in it moves only by a passed proposal, the same as anything the treasury holds.
- It paces itself. Funded only from spare SOL, the dao reaches 10M in rounds, and a round waits whenever the treasury is short.
- The reserve is safe. At most 2.33 SOL is wrapped for the buy, and whatever it doesn't spend is unwrapped straight back, checked on Solana at every step.
- Nothing is promised. The dao holds and earns on the MOIN it buys; what the price does from there is the market's business.
Once it passes, the keeper carries it out by itself, and the dao page shows it on Solana.
how to vote
On the dao page, with the SOL your drops brought the dao. The vote runs 3 days. It passes when votes worth at least 10% of all votes say yes, and yes beats no. Don't have votes yet? Redirect your drops: every SOL they bring the dao is a vote that stays yours.
Nothing here is financial advice. Crypto is risky, memecoins especially: never put in more than you can afford to lose.
comments
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