MTP-003, titled “Handling of Resized Funds & Formation of the Metaplex DAO Committee,” was proposed by @MetaPsilo and opened for voting on May 30, 2025 (Metaplex Foundation, X Post 1928488886944096691). The proposal aims to streamline the allocation of resized funds—potentially unclaimed SOL from rent—and formalize a DAO Committee to oversee treasury initiatives. This could enhance Metaplex’s governance, ensuring community-driven decisions on Solana. Voting closes on June 6, 2025, at 23:59 UTC, giving MPLX holders a chance to shape the project’s future.
Recent News
Metaplex has been on a roll! Just last week, the MTP-002 vote (May 22-29, 2025) passed, allocating up to 50,000 SOL to support the Solana ecosystem (TradingView News, 2025-05-27). This move sparked optimism, with analysts noting potential MPLX price surges if community support holds. Additionally, Metaplex Improvement Plan 11 introduced Core Groups to its Core program, boosting adoption with over 2 million total mints and 159k new Core assets in February 2025 alone (metaplex.com).
Future Plans
Looking ahead, Metaplex is doubling down on innovation in gaming, NFTs, and digital assets on Solana. The project recently supported Superteam Japan’s Builders Weekend, showcasing tools like SendAI for creating Metaplex-powered assets (metaplex.com). With the DAO Committee formation, expect more treasury initiatives to fund ecosystem growth, potentially integrating real-world assets (RWAs) as hinted in Solana Developer Hub #14.
Onchain Data
While specific voting metrics for MTP-003 aren’t public yet, Metaplex’s Core adoption is strong—2M+ mints to date show robust activity (metaplex.com). Onchain data for MPLX transactions isn’t available here, but Solana’s high transaction volume (avg. 50M daily transactions, Dune Analytics) underscores the ecosystem’s scalability.
Community Sentiment
X reactions are mixed. Some users like @srirachaenjoyer are enthusiastic, voting “for the glory of the bread” and hyping $crumbs, while others like @STACCoverflow seem unimpressed, calling it a “yawn” (X Post 1928529167894663593). The community is split but engaged, reflecting the stakes involved.
Why It Matters
If MTP-003 passes, it could unlock new funding for Solana projects, boost MPLX adoption, and strengthen DAO governance. However, a failed vote might dampen sentiment, potentially impacting MPLX prices (TradingView News, 2025-05-27). This is a key moment for Metaplex to solidify its role in Solana’s growth.
Risk Disclaimer
MPLX prices may see volatility post-vote. Always DYOR before trading or participating in DAO votes.
