MNDE Staking Proposal
The price of MNDE has long been undervalued without effective price discovery. The previous 50% revenue buyback model strained project cash flow and was unsustainable.
I propose switching to Stake MNDE to Earn SOL, with SOL rewards funded by protocol revenue.(Protocol revenue comes from the same source as the old 50% buyback, but this model does not heavily drain cash flow—because the project owns most MNDE. Just like GMX and Lista, where the staking ratio is only around 50% of the circulating supply, this model will not negatively affect the project’s cash flow.Cash flow impact is estimated at only ~20%)
This model offers clear benefits:
1. The project and DAO, which hold large MNDE reserves, can earn SOL without heavy cash flow pressure.The DAO can pass staked SOL to the team for protocol growth。
2. Staking improves holder loyalty, supports price discovery, and brings more users into the ecosystem.
3. It creates a strong flywheel: staking MNDE → earning SOL → more SOL staked → higher protocol revenue → better price discovery → larger community.
A 10M FDV does not reflect the real value of this project. It’s time for a change.