Verdict
Why this rating: MIP-021 rules-based buyback (10/20/30% revenue tiers, publicly posted) is the closest mechanism to Jito's buyback-burn in the entire 30-DAO set — the single closest near-miss, gated only by multisig execution and a 6-month renewable program. GSA-3 near-miss: 6-month program (renewable by governance) — could revert if not renewed; GSA-3 near-miss: multisig-gated execution, not token-holder-compellable
| Proposal | Title | Outcome | Closed |
|---|---|---|---|
| 0xce5c0b3e75… | MIP-021: A Rules-Based Buyback That Scales With Revenue | Closed | July 17, 2026 |
| 0x4f64d40ee5… | MIP-020: H1 2026 SSF Allocation | Closed | January 26, 2026 |
| 0x8151eb49b5… | MIP-019: Activate the SSF and Sunset Staking | Closed | October 31, 2025 |
| 0x972ba9729f… | MIP-018: Q3 Fee Buyback Increase | Closed | July 29, 2025 |
| 0x55f9b85129… | MIP-017: Final MPL Conversion Window and Strategic Use of Unconverted Tokens | Closed | May 18, 2025 |
History from the Institute scanner and the 2026-08-31 recheck pulls (Snapshot Hub GraphQL / OpenSquare). Outcomes marked from recheck determinations where the proposal is named; otherwise the recorded state is shown.
| Treasury | $120.0M (gross; curated estimate) |
|---|---|
| Treasury (liquid) | $54.6M |
| Revenue (annual) | $30.0M |
| Token incentives (annual) | $20.0M |
| Net earnings (annual) | $10.0M |
| Distribution enforcement | soft |
| Distribution mechanism | soft_buyback |
| Burn mechanism | discretionary_buyback |
| Revenue path | Lending fees -> quarterly buyback (MIP-013+), discretionary per quarter |
| Recourse | SOFT — discretionary; holders rely on governance goodwill. |
Model and audit state reads as of 2026-08-31 (Institute governance model / distribution audit state files). Not a Token Terminal license; curated figures update quarterly.
Structure: S1 — Token-Governed Protocol.
S1-S5 protocol business structure taxonomy, as-of 2026-08-27 (structure taxonomy date); scores as-of 2026-08-31 (first scored 2026-07-23)
2026-08-31 recheck verdict: UNCHANGED.