QIP-0029 · passed

Increase Cash Redemption Pool floor from 3% to 4%

Raise the Cash Redemption Pool minimum from 3% to 4% of trailing-30-day $QUACK volume to provide additional redemption capacity headroom.

Proposer

0xTreasury.eth

Posted

Aug 12, 2025

Closes

Aug 26, 2025

For

15,920,000

Against

4,480,000

Abstain

600,000

Rationale

Analysis of Q2 and Q3 2025 redemption activity shows peak demand exceeding the current 3% floor reserve in three separate periods. Increasing the floor to 4% ensures consistent liquidity for redemptions while maintaining appropriate Treasury efficiency.

Proposed action

Adjust the Cash Redemption Pool minimum threshold from 3% to 4% of trailing-30-day $QUACK trading volume, effective immediately upon passage. This will require an additional 0.02% allocation from general Treasury reserves over a six-month period.

Risk factors

Higher reservation requirements may reduce capital available for high-impact strategic initiatives. However, redemption reliability is core to token holder confidence and long-term protocol adoption. The incremental cost is modest relative to benefits.