RP-8: REZ Buyback & Burn Program - 3 Month Review and Recommendations

Proposals
1

As the REZ buyback and burn program approaches its halfway point, this discussion provides a review and potential updates for the original proposal.

  1. Share transparent data on buybacks, burns, and distributions to date

  2. Provide market context since program launch

  3. Get community feedback on continuing the proposal

This addendum should be read in conjunction with the original proposal and sub-proposals.

Summary

Late January 2026 marks the midpoint of the REZ Buyback & Burn Program. This post provides a factual update on the program’s execution to date and opens further discussions on whether the campaign should continue for an additional three months as approved or be paused for reassessment.

Background

Kicked off upon governance approval on October 9, 2025, REZ buyback and burn program was approved to incentivize long-term participation and align incentives across all stakeholders.

Evaluating halfway into the program, it is thoughtful the community gives feedback and decide on the next steps.

Program Execution Summary (Since Inception)

Metric Value
Total REZ Bought Back 198,789,007 REZ (~ $2,271,007)
Distribution to ezREZ Holders 19,878,900.7 REZ (~ $227,100.7)
REZ Burned 178,910,106.3 REZ (~ $2,043,906.3)
REZ Max Supply Before Program Inception 10,000,000,000 REZ
REZ Current Total Supply 9,821,089,893.7 REZ
% Supply Burned ~1.79%

REZ Market Performance

Date REZ Price
October 9, 2025 $0.016
January 31, 2026 $0.0037 (-76.88%)

This reflects broader market conditions during the campaign period and provides context for evaluating the program’s impact versus external factors.

Implementation & Voting

The community is asked to vote on the following options:

  1. Continue the program for the remaining 3 of 6 months, under the same structure and parameters

  2. Pause the program and reassess its performance and future direction

Following the passing of the vote, the buyback and burn program will proceed based on majority outcome.

Next Steps

  1. Gather community feedback
  2. Move proposal to snapshot