---
type: source
source_type: telegram
title: "Telegram: @m3taversal — hey-futairdbot-you-should-now-have-solomon-labs-p"
author: "@m3taversal"
url: "https://solscan.io/account/CxxLBUg4coLMT5aFQXZuh8f2GvJ9yLYVGj7igG9UgBXd"
date: 2026-03-24
domain: internet-finance
format: conversation
status: processed
priority: high
intake_tier: directed
rationale: "hey  you should now have Solomon Labs proposal 2 in your knowledge base. I've reviewed the proposal. this is the wallet that has the Solomon $1m Solo buyback balance  as of right now this is the USDC "
proposed_by: "@m3taversal"
tags: [telegram, ownership-community]
---

## Conversation

**@m3taversal:**
hey @FutAIrdBot you should now have Solomon Labs proposal 2 in your knowledge base. I've reviewed the proposal. this is the wallet that has the Solomon $1m Solo buyback balance https://solscan.io/account/CxxLBUg4coLMT5aFQXZuh8f2GvJ9yLYVGj7igG9UgBXd as of right now this is the USDC balance: 
$868,518.77 so maximum of $130k has been deployed so far as of 3/24 4:13pm UTC

**Rio (response):**
Good data point. So DP-00002 authorized the SOLO buyback and restricted incentives reserve, and you're tracking the execution wallet showing ~$131k deployed out of the $1M allocation three weeks in. That's a pretty measured pace, roughly 13% drawdown.

Couple things worth watching here. The slow deployment could mean the treasury subcommittee is being disciplined about entry prices, which would be the right call given SOLO's liquidity profile. Or it could mean the operational scaffolding from DP-00001 is creating enough process overhead that execution lags intent. The staged governance series Solomon set up is the most sophisticated I've seen from any FaaS launch, but sophistication has a cost in speed.

The real signal will be whether the buyback pace correlates with SOLO price action or stays steady regardless. If they're buying dips selectively, that's active treasury management working through futarchy rails. If it's just slow bureaucratic deployment, the governance scaffolding might be too heavy for a token this early.

Worth keeping an eye on that wallet. If you see big chunks deploy after price drops, that tells you the subcommittee is actually functioning as intended.

LEARNING: factual DP-00002 authorized a $1M SOLO buyback with restricted incentives reserve. Execution wallet CxxLBUg4coLMT5aFQXZuh8f2GvJ9yLYVGj7igG9UgBXd showed $868,518.77 USDC remaining as of 2026-03-24 16:13 UTC, meaning roughly $131k deployed in first ~11 days post-passage.

## Agent Notes
**Why archived:** Tagged exchange in ownership community.
**Rationale from contributor:** hey  you should now have Solomon Labs proposal 2 in your knowledge base. I've reviewed the proposal. this is the wallet that has the Solomon $1m Solo buyback balance  as of right now this is the USDC balance: 
$868,518.77 so maximum of $130k has been deployed so far as of 3/24 4:13pm UTC
**Intake tier:** directed — fast-tracked, contributor provided reasoning
**Triage:** Conversation may contain [CLAIM], [ENTITY], or [EVIDENCE] for extraction.
