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Derive: Vote opens to raise DRV buyback allocation to 50% - 02 Oct 2026

By Exbasi Intelligence
1 min readUpdated 10/2/2026Sourced from CoinMarketCal
Derive: Vote opens to raise DRV buyback allocation to 50% - 02 Oct 2026
Snapshot voting is open on Derive's buyback allocation proposal, which would raise the share of protocol revenue allocated to DRV buybacks from 35% to 50%. The proposal would leave buyback cadence and execution unchanged, changing the allocation rather than how purchases are carried out.If passed, the higher allocation would direct a larger share of protocol fee flow to DRV holders through weekly buybacks. For the same amount of protocol revenue, half would fund buybacks instead of just over a third, increasing recurring demand for DRV. The proposed increase is conditional on approval, so the open vote is not itself an implemented allocation change.Voting is now open on Snapshot for the proposal to increase the allocation of protocol revenue to DRV buybacks from 35% to 50%.Review the proposal and cast your vote:

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