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Feature 23–Aligned WXG Buyback & Transfer to WavesDAO Treasury

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

Lease transaction preview
Sender address
3PEwRcYNAUtoFvKpBhKoiwajnZfdoDR6h4hPublic key: GDPfYHA6NUZCmin3J7LWZhCvSjBcna8HebyvQyrw17v
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"
}