Summary
Dear WavesDAO Community,
We would like to formally submit a proposal requesting lease (stake) support from the WavesDAO treasury.
WXG tokens were introduced through the WX Gateway system. However, following the depeg events, these assets significantly lost value, negatively affecting many wx.network participants and long-term ecosystem supporters.
With this proposal, our intention as subw@r Node is to contribute to rebuilding confidence and creating a structured, sustainable recovery mechanism.
Reward Allocation Model
subw@r Node operates with a fixed policy:
- 5% of all rewards are retained by the Node
- 95% of all rewards are distributed
This applies to all reward types generated during the program.
Distribution Breakdown
From the 95% distributed portion:
- WAVES rewards → used for WXG buybacks
- $WAVESDLP rewards → transferred 100% to WavesDAO treasury
- $UNIT0 rewards → transferred 100% to WavesDAO treasury
No buybacks will be executed using $WAVESDLP or $UNIT0 rewards. Only WAVES rewards will be used for systematic WXG buybacks.
All purchased WXG tokens will be transferred directly to the WavesDAO treasury.
Lease Request
- Requested lease support: 200,000 WAVES
Buyback Scope & Execution
WXG buybacks (using WAVES rewards) will be executed across:
- BTC-WXG
- ETH-WXG
- USDT-WXG
- USDC-WXG
- LTC-WXG
Execution venues:
- BTC-WXG, ETH-WXG, USDT-WXG, and USDC-WXG via puzzleswap.org/trade
- LTC-WXG via wx.network market
Duration
This program will remain active as long as Feature 23 is active on the network (activated at block 5,110,000 for 300,000 blocks).
Economic Projection (WAVES Rewards Only)
Assumptions
- 1 block ≈ 1 minute
- Block reward = 20 WAVES
- Total network stake ≈ 21,000,000 WAVES
- Lease support = 200,000 WAVES
- Stake share ≈ 0.95238%
Expected Monthly Performance (30-day average)
- Blocks per month ≈ 43,200
- Expected monthly gross rewards ≈ 8,229 WAVES
Distribution:
- Node (5%) ≈ 411 WAVES / month
- WXG Buyback (95%) ≈ 7,817 WAVES / month
Expected Total Until Feature 23 Ends (≈ 6.5 months remaining)
- Total projected gross rewards ≈ 53,556 WAVES
Distribution:
- Node (5%) ≈ 2,678 WAVES
- WXG Buyback (95%) ≈ 50,878 WAVES
Additionally, 95% of all $WAVESDLP and $UNIT0 rewards generated during this period will be transferred directly to the WavesDAO treasury.
Transparency
All rewards, buybacks, and treasury transfers will be fully verifiable on-chain to ensure transparency and accountability.
Strategic Impact
This structure ensures:
- Fixed and predictable node policy (5% / 95%)
- Continuous WXG buy pressure via WAVES rewards
- Direct treasury accumulation via $WAVESDLP and $UNIT0 rewards
- Alignment between staking incentives and ecosystem recovery
We believe this proposal represents a transparent, economically sound, and long-term aligned contribution to the Waves ecosystem.
We welcome community feedback and discussion.
Best regards, subw@r Node
- Transaction ID
- mHNVP1D52ohKuTgfh4AaXAVeDu3BZwYNjbb8gJEdEyh
- Sender address
- 3PEwRcYNAUtoFvKpBhKoiwajnZfdoDR6h4hPublic key: GDPfYHA6NUZCmin3J7LWZhCvSjBcna8HebyvQyrw17v
- Recipient address
- 3PFcMotvQA8vxzA9NFKFBz6AY7GXD1AgXKP
- Lease amount
- 200 000 WAVES
- Blockchain fee
- 0.01 WAVES
- Execution time
- 9 Mar 2026 09:00Broadcast 08:00 - 10:00
Important Notice
When voting, you are approving the transaction below to be broadcast on-chain. Please verify that the transaction payload matches the proposal description. It is not possible to automatically validate the relationship between the proposal text and the transaction data. Always do your own research (DYOR) before voting.
Raw transaction data
{
"type": 8,
"version": 3,
"senderPublicKey": "GDPfYHA6NUZCmin3J7LWZhCvSjBcna8HebyvQyrw17v",
"amount": 20000000000000,
"recipient": "3PFcMotvQA8vxzA9NFKFBz6AY7GXD1AgXKP",
"fee": 1000000,
"timestamp": 1773046800000,
"proofs": [],
"chainId": 87,
"id": "mHNVP1D52ohKuTgfh4AaXAVeDu3BZwYNjbb8gJEdEyh"
}