📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Orca proposal: Plans to buy back 55,000 SOL in ORCA and stake for 24 months execution plan announcement.
On August 7, the Orca Council released a governance proposal to buy back up to 55,000 SOL and stake ORCA to the validation nodes. During the 5-day voting period and 2-day cooling-off period, ORCA token holders can submit a veto vote. Proposal details:
· Fund size: The total SOL and USDC in the treasury wallet is currently approximately 55,000 SOL and 400,000 USDC.
· Execution method: All SOL in the treasury wallet will first be staked at the Orca validation node, and then regularly withdrawn as needed to execute the Orca repurchase plan. This plan will be carried out on a decentralized exchange or in collaboration with market makers, lasting for 24 months, with a daily repurchase limit of 2% of the 30-day average trading volume of ORCA, in order to minimize market impact.
· Storage and Use of Repurchased Tokens: The repurchased ORCA tokens will be stored in a multi-signature DAO treasury wallet. The committee plans to either burn these tokens to permanently reduce the circulation of ORCA, allocate them to the xORCA pool as rewards, or use them for ecosystem funding.
· Risk management for the buyback plan: Buybacks will be suspended during periods of high market volatility (when ORCA price fluctuates more than 15% within 24 hours).