Foresight News
Foresight News|Jul 09, 2026 02:33
[Maple Releases MIP-021 Proposal: Plans to Introduce Revenue-Linked Systematic Buyback Mechanism] Foresight News reports that the on-chain credit protocol Maple has released governance proposal MIP-021, which plans to introduce a revenue-linked systematic buyback mechanism. The proposal outlines that when monthly revenue is below $1.5 million, 10% of the revenue will be used to buy back SYRUP; when monthly revenue is between $1.5 million and $2 million, 20% of the revenue will be used for buybacks; and when monthly revenue exceeds $2 million, 30% of the revenue will be used for buybacks. All buyback operations will be transparent and decided through governance voting. The proposal is currently in the feedback stage, with voting set to begin on July 13.
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