Repeal Proposal #108 WhaleHub - Join. Stake. Earn.
Aquarius DAO proposes repealing a 50M AQUA grant to WhaleHub, arguing the unproven platform risks treasury stability and ecosystem priorities. The proposal identifies treasury depletion risks, lack of demonstrated value, BLUB token dilution concerns, poor market timing amid price struggles, and governance gaps as grounds for repeal.
Aquarius DAO proposes repealing a 50M AQUA grant to WhaleHub, citing risks to ecosystem stability and treasury management. The proposal identifies five core concerns: inappropriate use of AQUA as startup capital for an MVP with no proven track record, unproven value to the ecosystem with volatile return projections, dilution risks from BLUB token creation, poor timing given AQUA's ongoing price struggles, and governance rigor gaps. Rather than fund WhaleHub, the DAO suggests redirecting 50M AQUA to liquidity provision, core protocol upgrades, community incentives, marketing, and emergency reserves. The vote represents a governance decision about treasury stewardship during a critical recovery period.
