DAO TRANSPARENCY
The Ledgity DAO is built around a simple principle: every token, every stream, every decision must be fully visible on-chain.
This page aggregates all information related to the DAO-controlled $LDY
If you have any questions or need clarification, feel free to contact @metacasper on Telegram.
Everything related to the DAO is verifiable on-chain.
DAO Treasury Address
0x30fa557608017afb6e8e4abe8027787c00473ff0Sablier Vesting Streams (DAO-controlled)
📎 https://app.sablier.com/vesting/?t=search&c=1&r=0x30fa557608017afb6e8e4abe8027787c00473ff0
This represents over 20% of the total LDY supply already transparently on-chain.
Snapshot Governance
All DAO votes and proposals are available here:
📎 https://snapshot.box/#/s:ledgitydao.eth
Snapshot allows gasless, trustless community voting.
DAO-Controlled LDY Streams
Vested Tokens Available
As of today, approximately:
➡️ ~4,000,000 LDY are already claimable These tokens belong to the DAO and will be the subject of the first governance proposal. 2. Buyback Fees & Protocol Revenue Reserve
A portion of protocol revenues (performance fees, buffer gains, yield spreads, etc.) is used to automatically buy back $LDY on the market.
All purchased tokens are accumulated in a Buyback Reserve Address controlled by the DAO.
Buyback Reserve
Protocol generates revenue
Revenue is routed to the BuybackManager
$LDY is purchased on-chain
Purchased tokens accumulate in the Reserve
What Happens Next?
The DAO will decide — via proposal — how to use the accumulated LDY:
Burn them (deflationary)
Redirect to veLDY stakers
Provide liquidity
Treasury funding
Grants & ecosystem incentives
Nothing will be moved without a validated Snapshot vote.
Governance Proposal — What Comes Next
1️⃣ Claiming all vested LDY (~4M)
The DAO will claim the tokens on-chain and move them to the treasury.
2️⃣ Deciding what to do with the claimed tokens
The options submitted to community vote may include:
Burning a portion of the tokens
Depositing into the DAO Treasury for future ecosystem spending
Distributing rewards to veLDY stakers
Bootstrapping liquidity
Funding DAO operations or grants
Nothing will be executed without a validated Snapshot vote.
Governance Process (Step-by-Step)
To ensure full transparency, every proposal follows the same lifecycle:
Step 1 — Draft
A community member or contributor creates a proposal draft.
Step 2 — Discussion
The topic is discussed openly on Telegram, Discord or the forum.
Step 3 — Snapshot Vote
The final proposal is submitted to Snapshot: https://snapshot.box/#/s:ledgitydao.eth
Step 4 — Execution
If approved:
The DAO executes the on-chain actions (claim, transfer, burn, etc.)
All tx hashes are published on this page
Step 5 — Post-Execution Report
A summary including:
Actions executed
Updated balances
Proofs / tx hashes
Next steps
This ensures a permanent transparency archive.
PROOF OF PROPOSAL
🟦 Proposal Title
🕒 Execution Date
📌 Actions Executed
📤 Transactions (Tx Hashes)
📊 Updated Balances
🔍 Proof Links
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