Shape the future of STON.fi

This proposal seeks to formalize the Ston Foundation's role as the STON.fi DAO's authorized representative for implementing community-approved decisions. It addresses the DAO's lack of legal capacity to execute transactions or manage assets directly, necessitating an explicit governance mandate for the Foundation. The mandate would empower the Foundation to receive and hold treasury assets, carry out DAO-approved operations, engage contributors, manage budgets, and represent the DAO in external interactions. This delegation aims to ensure operational effectiveness, compliance, and transparency for the STON.fi ecosystem, preparing it for future expansions and partnerships.

This proposal outlines a mechanism to utilize STON.fi protocol fees for the regular acquisition of STON and GEMSTON tokens from the open market for treasury purposes. It specifies that up to 50% of collected fees, initially from TON and USDT, will be used for this process, with the remaining portion dedicated to development and operational needs. Acquired tokens will be held in the treasury, and future decisions regarding their use will be determined by the DAO. The proposal emphasizes transparent, DAO-controlled management of fees and aims to strengthen the utility and economic model of STON and GEMSTON within the protocol. It also details principles for the acquisition process to ensure compliance and avoid market manipulation.