Community Update: Buybacks & NFT Yield Program Now Live
GoraDAO has officially approved its third governance proposal, a key turning point in the evolution of the Gora ecosystem. The vote reflects a strong community consensus on two major initiatives:
- 🔁 Buybacks of $GORA using the DAO’s $ALGO treasury
- 📈 Staking of bought-back $GORA to generate yield for GoraBots NFT holders
View the full proposal on Aragon:
https://app.aragon.org/dao/base-mainnet/0xC65f486F27f61dACd537C012C78503890c6B1626/proposals/GDAO
$GORA Buyback Program
Launch Date: September 19, 2025
Completion Date: Ongoing, with no fixed end date.
The buyback strategy is designed to protect the long-term health of the $GORA token and create new utility for the GoraDAO treasury, directly benefitting the GoraBots NFT holders.
Buyback Mechanism Highlights:
- ✅ Weekly allocation: Up to 30,000 ALGO per week
- ✅ Transaction cap: Max 1,000 ALGO per buy to prevent manipulation
- ✅ Price condition: Buybacks occur only when GORA/ALGO ≤ 0.1
- 📉 At this price, up to 2.3M–2.5M GORA could be repurchased
- ❌ No buys above 0.1 ALGO to ensure treasury protection
Cross-Chain Protection
To prevent arbitrage across chains, if the $GORA price drops below 0.08, buybacks may also execute on Ethereum and Algorand, depending on available liquidity.
Monitoring & Security
- The Gora team will conduct daily price checks to identify eligible buyback moments.
- All activity will be publicly reported biweekly on Fridays, starting October 3, 2025.
Staking of Bought-Back $GORA
All $GORA repurchased through the buyback program will be immediately staked on Gora.fi to generate passive yield.
Staking Overview:
- ✅ Expected yield: ~10% APY (minus validator commissions)
- ✅ Staking priority: Validators with the lowest commissions will be chosen
- 💸 Rewards from staking will be distributed bi-weekly to all GoraBots NFT holders
- 📅 First distribution begins Friday, October 3rd, 2025, and continues every 2nd Friday.
Bi-Weekly Reporting & Transparency
To maintain full DAO transparency:
- All $ALGO spending and $GORA acquired will be reported every 2 weeks
- Updates will be shared on Gora’s official social channels.
What This Means for You
If you’re a GoraBot NFT holder, this proposal brings real, ongoing utility and value back to your asset. Your NFT is now part of an exclusive staking rewards program, powered by the DAO’s proactive treasury strategy.
If you’re part of the broader Gora community, Proposal #3 signals the beginning of a new phase of token utility, ecosystem stabilization, and reward alignment.
Together, we’re building a DAO that rewards action, protects its treasury, and listens to its members.
Got feedback or questions?
Join the conversation on our Discord DAO Channel and help shape the next proposal.
