Proposed Handling of Resized Funds and Formation of the Metaplex DAO Committee

Addressing the current proposals

Slorg’s proposal directly addresses a real concern circulating in the Solana ecosystem: that Metaplex DAO is enriching itself at the expense of NFT holders. This perception, whether accurate or not, has sparked meaningful discussion about accountability, transparency, and fair redistribution.

Josip’s counter proposal responds to this by pointing out legitimate challenges with Slorg’s approach: the actual value returned to users is negligible in most cases, many wallets are inactive, lost, or compromised, and any large-scale airdrop would come with high operational and legal risk without significantly benefiting the ecosystem.

While Josip’s approach introduces a more pragmatic way to deploy funds through ecosystem grants and public goods, it still leaves some gaps, particularly around who decides how funds are allocated. We believe that entrusting this decision solely to external parties misses a key point: the people best suited to steward these funds are those closest to the Metaplex mission, the builders, creators, and DAO contributors who’ve helped shape the Fungible and Non-Fungible token ecosystem from the inside.

So, is there a way to mediate between the two fundamental ideas and create a proposal that can satisfy both principles?

We believe there is, and that’s what this proposal aims to do.

What if we staked the funds?

One angle that hasn’t yet been explored is a path that keeps claims open, while still putting the funds to productive use in the meantime.

Rather than choosing between a one-time airdrop or full reallocation to ecosystem grants, we propose that the DAO stakes the unclaimed excess SOL. This achieves three outcomes:

Honors the ability to claim, satisfying the core concern around fairness by allowing eligible NFT holders to access the excess SOL at any time in the future.
Generates yield, turning idle capital into a stream of staking rewards that can fund public goods, grants, and ecosystem initiatives.
Filters for active wallets, since only active wallets would take the steps needed to claim by unstaking their portion.

This model creates a flywheel: capital that works for the ecosystem and a long-tail redemption option that respects NFT holders without forcing a rushed distribution.

How does the DAO come up with meaningful ways to power this flywheel?

This is where structure matters.

While distributing staking yield directly to the ecosystem may seem equitable on paper, without clear coordination, the DAO risks diluting impact and creating some challenges like vague goals, limited accountability, and inconsistent execution.

That’s why we believe the most effective path forward is through the creation of the Metaplex DAO Committee.

Rather than being a gatekeeper, the Committee acts as a coordination layer; a small, committed team tasked with activating DAO capital in ways that are:

Strategic: focused on long-term protocol growth and alignment
Transparent: governed by open reporting, on-chain oversight, and measurable KPIs
Community-driven: shaped by contributors, builders, and MPLX holders

The Committee will source the best proposals, surface them to the community, and help shepherd impactful ideas to execution with clarity and consistency.

This is how we turn staking rewards into a flywheel: not by spending for the sake of activity, but by funding initiatives that compound over time, and reporting back clearly on what worked and why.

Who is part of this committee?

We’re NFT founders, fungible token degens and digital asset optimists. People who deeply believe Metaplex is the protocol best positioned to shape the future of tokenized value. We’re here not just to propose where funds go, but to ensure they’re used in a way that reflects the mission of Metaplex: to disrupt everything we currently think about fungible and non-fungible assets, on Solana and beyond.

This is a committee grounded in real work, not theory. We know the tools. We’ve shipped on this stack. And we’re committed to making this ecosystem better.

Members

@metapsilo : Builder and community leader with deep roots in the Solana ecosystem. Previously at the Solana Foundation, where they helped scale and grow some of the most vibrant communities in the space. Brings a unique ability to facilitate cooperative growth across diverse stakeholders. As a founder actively leveraging digital asset technology, Meta has witnessed the evolution of the ecosystem firsthand, and built a community that rallies around a shared vision for its future.
@Lewsiphur : One of the most active market participants on Solana. Deeply experienced in NFTs and DeFi, with a track record of building, curating, and energizing communities for over three years. A creator at heart, Lewis brings ground-level insight into what users want, and how ecosystems thrive.
@L0STE_ : Former contributor to the Metaplex protocol during his time at Metaplex Foundation. First helped developers adopt Metaplex tooling through DevRel, then worked across product marketing to clarify messaging and drive adoption of new features. Metaplex is at the center of what’s coming next for onchain assets, fungible and non-fungible alike.

A New Standard for Onchain Stewardship

This proposal isn’t just a middle ground, it’s a chance to lead. To show that a DAO can listen deeply, synthesize opposing views, and build something stronger than any single proposal could offer on its own.

By staking the excess SOL, we honor fairness without falling into futility. We keep the door open for NFT holder claims, while transforming idle capital into a source of sustainable, community-driven growth. And by anchoring this process in a committee of builders, not bystanders, we ensure that every SOL flows with intention.

Metaplex was born to give creators ownership. To reshape the economics of digital expression. That mission doesn’t stop at protocol code; it extends to how we govern, allocate, and imagine what comes next.

Let’s make this more than a fund distribution. Let’s make it a signal to the ecosystem, to future contributors, to ourselves that we’re building something worthy of lasting belief.

The future of digital assets deserves thoughtful governance. This is our step toward it.