Orca DAO Shakes Up DeFi: Solana Staking & Aggressive ORCA Buyback Plan Unveiled

Solana's liquidity powerhouse drops a bombshell proposal—staking SOL for yield while burning ORCA tokens to the moon.

Stake, Burn, Repeat

The DAO's dual-pronged attack aims to lock up SOL for network security while systematically reducing ORCA's circulating supply. Because nothing pumps a token like artificial scarcity—just ask Wall Street's quant traders.

DeFi's latest meta play combines Proof-of-Stake fundamentals with tokenomics alchemy. Will it work? The market's about to vote with its wallet.

Buyback program to reduce supply and reward holders

The proposal adds a 24-month buyback program for the ORCA token in addition to staking. The Council would be allowed to repurchase ORCA from the open market using the Treasury’s SOL and USD Coin (USDC) holdings, which currently total about 55,000 SOL and $400,000, respectively. 

To minimize the impact on the market, these purchases would be timed carefully. Buybacks would be restricted according to trading volume and halted during times of high price volatility.

Purchased tokens would be kept in a multi-signature wallet under DAO control. Depending on the requirements of the protocol, they could be distributed as grants to support ecosystem expansion, permanently burned to lower the amount in circulation, or given to xORCA staking participants as extra rewards.

To ensure transparency, the Council has committed to publishing detailed quarterly reports that include information on token purchases, average prices, and treasury balances. Additionally, all relevant wallets will be made publicly available on-chain.

Deflation, staking incentives, and ecosystem growth

This proposal comes after an earlier proposal from April 2025 that included a 25% supply burn and $10 million in buybacks, which caused ORCA’s price to rise by 76.8%. The latest proposal continues that deflationary trend by introducing staking-based revenue and a longer buyback window. 

Following a four-day discussion period, the proposal will be subject to a five-day on-chain vote, followed by a two-day cooldown phase during which tokenholders may submit a veto. If no veto is submitted, the Council will MOVE forward with execution.