Summary
K9 Finance has reached a turning point.
K9 was built by the Pack. The Pack decides what comes next.
TL;DR
• K9 is now a community takeover after the foundation shutdown
• Base launch currently has less $10k liquidity, which is not viable (according to K9 marketing group leader Pulse Digital)
• This proposal deploys treasury liquidity gradually over 6 weeks (suggested by Name is Mud)
• Introduces 3% buy / 3% sell tax to generate DAO revenue (suggested by Whally)
• Stops wasting treasury on endless utility brainstorming (could or could not amount to anything)
• Gives the Pack a clear direction and narrative (GUARANTEED)
Following the Option 5 vote, the K9 Foundation has been dissolved, all products have been shut down, and the contracts that governed the development structure are now void.
The future of K9 now rests entirely in the hands of the community. This is reality.
Over the past several months, the community has worked hard to explore potential future utility for the project. However, several realities have become increasingly clear. Without active development resources (posted that this ends with Base mint) and with the original product shut down, the community must now decide how to responsibly steward the treasury and give the community a renewed purpose.
This proposal introduces a new direction for K9.
Rather than continuing to allocate treasury resources toward uncertain utility exploration without development capacity or proper expertise, the community should reposition K9 as a community-driven meme asset rooted in the Shiba ecosystem, supported by proper liquidity on Base and a sustainable revenue model.
The goal is to give the community identity, direction, and the economic foundation required to rebuild momentum.
Goals of This Proposal
This proposal seeks to accomplish four primary objectives.
1. Establish Proper Liquidity for Base KNINE
For a token to function properly within an ecosystem, it must maintain a healthy liquidity ratio.
Current discussions suggest that the Base deployment may launch with less than $10,000 in liquidity, which is insufficient to support meaningful trading activity. Especially when there is an influx of unlocks that will occur.
The goal of this proposal is to ensure that KNINE on Base launches with a liquidity profile consistent with successful tokens on the chain, enabling stable trading and credible market participation.
2. Create a Sustainable Revenue Model
With the shutdown of the K9 product, the DAO currently has no active revenue model.
Without revenue, the treasury can only decrease over time through spending.
By implementing buy and sell taxes collected in ETH, this proposal introduces a revenue mechanism where:
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Increased trading activity generates income for the DAO
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The community benefits from market activities
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The treasury can grow rather than only decline
3. Responsibly Allocate the Treasury
The DAO treasury belongs to the entire community.
Treasury resources should ideally be used for community-wide infrastructure and long-term sustainability, rather than indefinite exploratory work without clear outcomes.
This proposal reallocates treasury usage toward something that benefits all holders equally: liquidity and market infrastructure.
It also recognizes a common reality observed in organizations and governments: when budgets exist, they are often used simply because they exist.
The DAO now has the opportunity to reset priorities and deploy the treasury strategically rather than operationally.
4. Unite the Community Around a Shared Vision
Over the past months, the community has become fragmented while searching for a new direction.
K9 now needs something powerful that people can rally around again.
The K9 story already exists.
K9 was:
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Born out of the Shiba-Inu ecosystem
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One of the most successful projects launched on Shibarium EVER
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Ultimately disrupted (destroyed) by the Shib exploit and North Korean hacking activity, but WE WILL LIVE
This history gives K9 something most projects lack:
Lore.
And in crypto markets, narrative matters.This is the successful recipe for a meme. It is the same type of lore that Shiba Inu had around Vitalik but at a smaller scale.
Background
Since the Option 5 vote, the community has had time to reflect on the situation facing K9. The situation that Shiba Inu hack put us in
Several key realities have emerged:
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The K9 Foundation has been dissolved
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The project is now effectively a Community Takeover (CTO)
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There are currently no active developers within the community capable of rebuilding complex utility
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For over five months, community members have discussed potential new utilities in Telegram and whale forums without producing an actionable development path
While these realities may appear challenging, they also provide clarity. It is not without trying. Community members have tried. But it is not in our collective expertise. This proposal searches to find our collective expertise and strengthen unity and direction.
K9 may no longer function as a traditional DeFi protocol. However, it still possesses something extremely valuable:
A powerful narrative and history within the Shib ecosystem.
Liquidity Ratio Analysis
Healthy tokens within any ecosystem require an appropriate liquidity-to-market-cap ratio.
Liquidity is the foundation that allows a token to function as a real market asset.
Without sufficient liquidity:
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Price discovery becomes unstable
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Slippage becomes extreme
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New buyers cannot enter safely
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Market participants lose confidence
Early discussions around the Base deployment suggest that KNINE may launch with less than $10,000 in liquidity.
At that level, even modest trades can significantly impact price movement.
For example:
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A $1,000 buy could dramatically shift price
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A $3,000 sell could collapse the pool
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Larger participants cannot enter without causing extreme volatility
This environment discourages serious market participation.
Successful tokens on Base and other ecosystems typically maintain significantly deeper liquidity pools relative to circulating supply, allowing traders and investors to enter and exit positions without destabilizing the market.
By deploying treasury funds gradually into liquidity, the DAO can ensure that KNINE launches with a liquidity structure that encourages participation rather than deters it.
Why Liquidity Matters
Low liquidity:
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extreme price swings
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high slippage
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whales cannot enter
Healthy liquidity:
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stable trading
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market confidence
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sustainable growth
Proposal
Once the current development team completes their remaining responsibilities and the Base mint is finalized, the community should begin deploying treasury funds to bootstrap meaningful liquidity on Base.
Rather than deploying the entire treasury at once, this proposal recommends a structured liquidity deployment over eight weeks. This was a good feedback plan to my original idea that was received in the whale chat through rigorous back and forth.
Liquidity Deployment Plan
Treasury funds will be deployed in four tranches over eight weeks.
Day 1
Deploy 25% of treasury liquidity.
Week 2
Deploy an additional 25%.
Week 4
Deploy another 25%.
Week 6
Deploy the final 25%.
This staged approach:
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Limits immediate treasury exposure
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Allows the market to develop gradually
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Creates regular momentum points for the community to rally around
This could be coupled with a tax deployment plan to the pool structure that is alike to what was original written in the K9 Litepaper that the developers wrote
Pool Structure
The long term liquidity pool would be configured with:
3% Buy Tax
3% Sell Tax
Taxes collected in ETH.
This creates a sustainable economic model where:
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Trading activity generates revenue for the DAO
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Treasury growth becomes tied to market participation
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The community is incentivized to promote the ecosystem
However, community members in the whale chat have been concerned about only dumpers wanting liquidity. To combat this, we implement a tax deployment plan on a similar 6 week schedule which gives revenue to the DAO, allows dumpers to sell, but gives a financial incentive to the DAO for allowing them to sell
Day 1: 30% sell tax and 3% buy tax
Week 2: 10% sell tax and 3% buy tax
Week 4: 5% sell tax and 3% buy tax
Week 6; 3% and 3% FOREVER
This is the best of both worlds. Let the dumpers dump but allow the DAO to benefit by taking 30%. This gives an “out clause” for those who desperately want liquidity after the Shibarium hack.
Implementation Plan
If this proposal passes, the following implementation process will occur once the Base mint and final development responsibilities are completed.
Step 1 — Treasury Confirmation
Before deployment begins, the DAO will publish a transparent summary of the remaining treasury holdings
Step 2 — Liquidity Pool Creation
The DAO will establish the primary KNINE liquidity pool on Base with the following structure:
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KNINE / ETH pair
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30% Buy Tax
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3% Sell Tax
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Taxes collected in ETH
Please note that these numbers could be changed if needed. They are just my suggestion for the general concept of using our treasury for liquidity and creating revenue.
Step 3 — Staged Liquidity Deployment
Liquidity will be deployed according to the schedule outlined above, ensuring gradual and responsible treasury usage.
Step 4 — Community Activation
Once liquidity is established, the DAO will encourage community-driven participation through:
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Narrative development
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Content creation
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Social campaigns
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Community working groups
Treasury Transparency & Reporting
Responsible stewardship of the treasury is critical.
To ensure transparency, the DAO should implement the following reporting practices.
Bi-Weekly Reporting
Every two weeks, aligned with the liquidity schedule, the DAO make a post about the liquidity added and what is remaining
Community Feedback & Research
Prior to submitting this proposal, discussions were held with several long-time community members and large holders of KNINE.
A large holder within the whale community expressed support for the concept of prioritizing liquidity and narrative revival as the foundation for rebuilding K9.
Additionally, a former whale who stepped away during recent market conditions indicated that decisive action around liquidity and direction could encourage experienced participants to re-engage with the project.
These conversations suggest that clear direction may help bring experienced community members back into the ecosystem.
Addressing Concerns About Utility
Some community members have asked what this proposal means for those who still want to build utility.
This proposal does not prevent future utility development.
Instead, it establishes the foundation required for future development to succeed.
Without liquidity, even the best products struggle to gain adoption.
This proposal focuses on Step A:
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Establish liquidity
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Align the treasury
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Create a revenue model
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Reunite the community
Once this foundation exists, Step B can absolutely include new utility initiatives.
The Pack Manifesto
K9 was born from the Shiba Inu ecosystem.
Many members of this community arrived because of those roots.
Shiba has its army.
But K9 has something different.
The Pack.
The Pack is a community that built one of the most successful projects on Shibarium, watched it rise rapidly, and saw it collapse through forces outside its control.
Most projects disappear after moments like that.
K9 did not.
The community stayed.
Crypto history is full of projects that were memorialized through narrative and mythology.
K9 has its own story.
A project that rose quickly.
A project that was struck down.
A project that now belongs entirely to its community.
If the Pack rallies again, K9 can become something unique:
A relic meme of the Shibarium era revived by the Pack.
Community Creation Toolkit
Once liquidity and treasury alignment are established, the next phase could focus on community-driven storytelling and content creation.
To make participation easy, the DAO can provide AI prompt libraries for tools such as:
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Grok
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Gemini
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Image generation platforms
These prompts would allow community members to instantly generate:
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Memes
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Artwork
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Lore posts
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Narrative threads
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Promotional graphics
The goal is to transform the community into a decentralized marketing engine where every member can contribute to spreading the K9 story.
Why This Moment Matters
The transition to Base represents a natural reset point for the project.
The Foundation has closed.
The product has been shut down.
The contracts are void.
Moments like this are rare.
Without direction, communities fragment.
Without liquidity, markets lose confidence.
Without vision, participation fades.
The Base deployment provides a chance to:
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Reset the economic foundation
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Align the treasury with community goals
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Reunite the Pack
This proposal provides the path forward.
Conclusion
K9 Finance has entered a new chapter.
The Foundation is gone.
The contracts are void.
The future now belongs to the community.
This proposal does not attempt to recreate the protocol K9 once was.
Instead, it lays the groundwork for what K9 can become:
A community-driven relic meme of the Shibarium era, supported by proper liquidity, sustainable revenue, and the power of the Pack.
If the community moves forward together, this moment can mark the beginning of K9’s revival.
If This Proposal Succeeds
• KNINE launches with healthy liquidity
• DAO earns revenue from trading (including dumpers)
• The Pack has a shared mission again
• K9 becomes a relic meme of the Shibarium era
• Community participation increases
If We Do Nothing
• KNINE launches on Base with very low liquidity
• Price becomes unstable
• Traders avoid the market
• Treasury continues to decline with no revenue
• Community continues to fragment and token dies while searching for purpose
Doing nothing is also a decision.
Counterarguments & Responses
Any major governance proposal should consider the concerns that members of the community may raise. Below are several common questions and responses to help clarify the intent and reasoning behind this proposal.
Concern 1: “Why introduce trading taxes?”
Some community members may worry that buy and sell taxes could discourage trading.
In practice, many successful tokens across crypto ecosystems use modest trading taxes to create sustainable treasury revenue. The proposed 3% buy / 3% sell tax is designed to balance two goals:
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Maintaining an active trading environment
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Creating a revenue stream for the DAO
Without some form of revenue generation, the treasury can only decrease over time as funds are spent. A modest tax structure allows the DAO to generate ongoing income tied directly to ecosystem activity.
Concern 2: “Why allocate treasury funds to liquidity?”
Liquidity is fundamental infrastructure for any token ecosystem.
Without sufficient liquidity:
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Price volatility increases
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Slippage discourages trading
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Larger participants cannot enter positions
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New users avoid the market
Deploying treasury funds toward liquidity is not simply spending—it is building the market infrastructure that allows the token to function properly.
In this sense, liquidity benefits every holder equally, making it one of the most community-aligned uses of treasury funds.
Concern 3: “Shouldn’t the DAO focus on building new utility instead?”
Utility development may still occur in the future. However, attempting to build new products in an illiquid market environment introduces significant challenges:
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Products launch into unstable markets
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Adoption is limited by poor trading conditions
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Development costs consume treasury resources without guaranteeing success
Establishing strong liquidity first creates a healthier foundation that future utility initiatives can build upon.
This proposal therefore focuses on Step A: stabilizing the economic infrastructure, which makes Step B: potential utility development far more viable.
Concern 4: “Does this proposal prevent future utility initiatives?”
No.
This proposal does not prevent or restrict future development proposals.
Community members remain free to:
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Form working groups
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Propose new development initiatives
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Explore partnerships or integrations
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Submit future governance proposals
The purpose of this proposal is simply to establish a stable economic base for the ecosystem so that any future initiatives have a stronger chance of success.
Concern 5: “Is the treasury being used responsibly?”
This proposal emphasizes responsible treasury stewardship by:
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Deploying liquidity gradually over multiple tranches
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Maintaining transparency through reporting and dashboards
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Generating ongoing DAO revenue through trading activity
Instead of funding indefinite operational expenses, treasury resources are directed toward infrastructure that benefits the entire ecosystem.
Concern 6: “What happens if the strategy does not work?”
Every strategy carries some level of risk. However, the alternative—continuing without clear direction—also carries significant risk.
Without decisive action:
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Liquidity may remain insufficient
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Treasury funds may continue to decline without revenue
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Community fragmentation may increase
This proposal represents a structured and measured approach to rebuilding momentum while maintaining transparency and accountability.