#DAO治理 Seeing the approval of the UXLINK governance proposal brings a sense of familiarity. A 100% support rate, a monthly 1% buyback mechanism, the establishment of a strategic reserve pool—these concepts have become increasingly common in this cycle.

I still remember the wave in 2017, when many projects also shouted similar slogans about buybacks and token burns to return value. But what was the result? Most of them were just fleeting moments. Very few projects actually followed through, and those half-hearted promises eventually became market jokes. The key isn’t how beautiful the plan sounds, but whether the project truly has a stable profit source to support this commitment.

UXLINK’s choice of a 1% monthly pace reveals a cautious approach. It’s not an aggressive one-time large buyback, but a continuous, predictable operation. Historically, this gradual approach is indeed easier to implement and verify. But at the same time, whether sustained buybacks can truly drive the price depends on whether market sentiment and fundamentals are genuinely improving.

The most noteworthy aspect is the design of the strategic reserve pool. It indicates that the project team is making long-term plans rather than short-term market manipulation. If they actually execute according to the plan for 24 months, that means 24% of the total supply will flow into the reserve. This number is significant enough to change market expectations—provided they really follow through.

History has shown that good governance proposals tend to be exposed in the second month of execution. That’s when the real test of sincerity happens.