Orca DAO proposes 55,000 SOL staking and a two-year ORCA buyback program

The Orca DAO, associated with Solana’s liquidity protocol Orca, has proposed a new governance plan that will stake up to approximately 55,000 SOL to Orca validators and initiate a 24-month ORCA buyback program. The repurchased tokens can be burned, used for xORCA rewards, or used as ecosystem grants.