Rain Protocol Foundation Commits $23 Million to Buy Back and Burn $RAIN in First DAO-Executed Settlement Independent token holders directed the outcome; team and Foundation allocations abstained from the vote. Article content Panama City, Panama–(Newsfile Corp. – July 29, 2026) – Rain Protocol, the decentralized prediction markets protocol, has executed its first-ever DAO governance vote, under which the Rain Foundation will commit $23 million in USDT to purchase and permanently burn locked $RAIN token allocations. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. Article content Eligible Credit Refund participants can claim their settlement through the Gems Launchpad platform at https://gems.vip. About Rain Protocol Rain is a decentralized prediction markets protocol built to support a new generation of forecasting applications.