Metaplex DAO Treasury Voting: Proposal 2 Opens

MAY

21

Event date

Wednesday 21 May 2025, UTC

Event description

The Metaplex DAO Treasury Initiative voting cycle, live since May 8, decides how treasury assets, including $MPLX, are allocated to boost Solana’s NFT ecosystem. Proposal 1 by @SlorgoftheSlugs

(May 7–21) is wrapping up today, May 15. Since today’s date is May 15, 2025, and Proposal 1’s voting period hasn’t concluded, we can’t confirm its outcome yet. However, if Proposal 1 fails, Proposal 2 opens May 22–29, followed by Proposal 3 (May 30–June 5) if needed. Only one proposal can pass, requiring over 66% "Yes" votes and a quorum, per Metaplex’s governance rules (Metaplex Foundation GitHub). This sequential voting ensures community-driven decisions on funding contributors and integrations, potentially impacting $MPLX utility and adoption.

Recent News

Metaplex has been making waves on Solana. On May 14, Solana’s price surged 25% to $184 after DeFi Development bought 172,670 SOL ($24M), signaling strong institutional confidence (FXStreet). Metaplex benefits from this ecosystem growth, as its NFT tools thrive on Solana’s scalability. The DAO’s focus on decentralization aligns with its roadmap to entrust NFT standards to distributed governance (Solana Compass).

Future Plans

Metaplex aims to simplify NFT adoption for enterprises with compressed NFTs, lowering barriers for developers by removing minting fees and enhancing tools (Solana Compass). Future voting cycles will occur every 7 days post-June 5, ensuring continuous community input on treasury use.

Onchain Data

Specific $MPLX voting metrics aren’t public as of May 15, but Solana’s network has seen a 30% rise in transaction volume this month, reflecting ecosystem activity (Dune Analytics).

Community Sentiment

X reactions are positive, with users like @DumebiOmeife calling the DAO “truly decentralized.” @JosipVolarevic2’s “Just Get Out and Vote” meme has sparked engagement (X).

Risk Disclaimer

Voting outcomes may influence $MPLX price volatility; research proposals before voting.

Metaplex

Bullish or Bearish?

bullish
bearish

Metaplex (MPLX) Events List

Metaplex Buyback Program Event

Metaplex initiates a token buyback using protocol revenue, scheduled for September 30, 2025. This program repurchases MPLX tokens with 50% of the protocol fees, contributing to supply reduction. Recent news highlights that in August 2025, Metaplex spent $1.1 million to buy back 6.7 million MPLX tokens, equal to 0.7% of the total supply. The buyback strengthens the DAO treasury and supports token value by shrinking circulating supply. Future plans include continuing to allocate protocol fees for buybacks and enhancing revenue streams to sustain the program. Onchain Data Tokens bought back: 6.7 million MPLX (0.7% of total supply) Protocol fees used: $1.1 million Token supply impacted: 6.7 million ÷ total MPLX supply Community Sentiment Community sentiment is generally positive, appreciating the commitment to reducing supply and increasing value, although some express caution about potential market volatility. Risk Disclaimer The buyback event could influence token price dynamics and market liquidity, though impacts depend on broader market conditions. Sources used https://cryptocalendar.ai/events/metaplex-buyback-program-event-tokenomics-metaplex-30-09-2025

Metaplex

September 30

Metaplex StakeNova Vote Ends

The StakeNova Vote, hosted by Metaplex, concluded on October 3, 2025. StakeNova is a staking proposal aimed at empowering Solana's creator economy by introducing a specialized staking layer. The event was a community voting process allowing token holders to decide on the proposal's implementation, focused on enhancing staking infrastructure within the Solana ecosystem. Participation took place through Metaplex's official channels including Twitter. Recent News In the past three months, Metaplex has been actively engaging with its community around this proposal, emphasizing the role of StakeNova in supporting creators on Solana. Updates have highlighted technical development progress and partnerships targeting improved staking services for NFTs and other digital assets. Future Plans Post-vote, Metaplex plans to implement the StakeNova staking layer if approved, aiming to boost the creator economy on Solana by enabling more flexible and rewarding staking options. Further roadmap items include expanding functionality and integrating with Solana-based projects to foster ecosystem growth. Onchain Data No verifiable onchain metrics available. Community Sentiment Neutral - The community showed moderate engagement and anticipation about the vote's outcome but overall discussions were measured without extreme opinions. "Looking forward to seeing how StakeNova impacts Solana creators." / "Hope the staking layer adds real value." / "A sensible step for Metaplex's growth." (Source: Twitter replies) Risk Disclaimer This event could impact token dynamics if the proposal leads to staking incentives or new token utility, potentially influencing market behavior. Sources used https://x.com/metaplex/status/1970488398705238379

Metaplex

October 3

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