Exactly DAO Treasury Executes 24,000 EXA Weekly Buyback
Exactly DAO Treasury Executes 24,000 EXA Weekly Buyback
🔄 Weekly Buyback Goes Brrr
The Exactly DAO Treasury multisig has completed its latest weekly EXA token buyback, purchasing 24,000 EXA. This action follows the successful approval of EXAIP-25, which authorized:
- Buyback of up to 122k EXA from EXA/WETH Velodrome Pool
- Weekly scheduled repurchases throughout 2025
- Recovery of tokens previously distributed for VELO emissions
This marks the second weekly buyback execution since the proposal's implementation.
🗳️ You can vote now on the new [EXAIP-25] Buyback of EXA Tokens A proposal to authorize the Exactly DAO Treasury to buy back up to 122k EXA from the EXA/WETH Velodrome Pool during 2025.
Today, the Exactly DAO Treasury multisig executed the weekly EXA buyback, acquiring a total of 24,000 EXA.
[EXAIP-25] Buyback of EXA Tokens has been successfully approved and will be implemented this week.
Since launching the EXA/WETH pool on @VelodromeFi, the Exactly Treasury has distributed $EXA weekly to voters to incentivize VELO emissions (EXA distributions ended in February). Over time, most was swapped to $VELO, but 122k EXA remained in the Velo AutoCompounder vault. Earlier
[EXAIP-25] Buyback of EXA Tokens has been successfully approved and will be implemented this week.
🗳️ You can vote now on the new [EXAIP-25] Buyback of EXA Tokens A proposal to authorize the Exactly DAO Treasury to buy back up to 122k EXA from the EXA/WETH Velodrome Pool during 2025.
Exactly DAO Continues EXA Token Buyback Program Progress
**Exactly DAO Treasury** completed another buyback of **15,986 EXA tokens**, bringing the cumulative total to **92,458 EXA tokens** acquired. This represents **76% progress** toward the 122,000 EXA token target approved in EXAIP-25. **Recent DAO improvements include:** - Streamlined asset management structure - **Treasury Multisig**: handles treasury fees, sends 50% of USDC fees to EXA stakers - **Savings Multisig**: manages other DAO assets (USDC, EXA, etc.) The buyback program demonstrates consistent execution of the approved governance proposal, with regular token acquisitions supporting the protocol's tokenomics.
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