Orca Proposal: Staking SOL and ORCA Buyback on Solana DEX

Orca, a leading decentralized exchange (DEX) on Solana, has introduced a new proposal that could significantly impact its ecosystem. The proposal, currently open for voting by ORCA holders for five days, focuses on optimizing treasury management through SOL staking and a strategic ORCA token buyback program. According to U.Today, the core of the proposal involves staking 55,000 SOL held in the Orca treasury on validator nodes. This move aims to generate passive income for the platform. Additionally, the proposal suggests allocating treasury funds, specifically SOL and 400,000 USDC, to buy back ORCA tokens over a two-year period. This buyback could potentially reduce circulating supply and positively influence the token's price. The community's decision will determine the future direction of Orca's treasury management and its commitment to long-term growth within the Solana DeFi space. ```