DAO Governance and Distribution
Governance: Revenue is derived from taxes on each segment of the ecology
Funding used by the Governance: (contract management, decentralization, openness)
1、Project incubation, investment (make decisions according to the project, voted by DAO)
2、Rewarding individuals and teams for special contributions (generally distributed at the end of the financial year, but in exceptional cases, the decision can be made by a vote of the DAO, and the teams and individuals to be rewarded will also be decided by a vote of the DAO)
3、Annual bonus dividends (distributed at the end of the financial year and allocated to staking users during the year)
4、Market macro regulation (repurchase NFT, Token, etc., LP, Staking, Swap regulation)
Financial year: The selection of proposals and voting at the end of the year starts on June 1 every year, and the expenditure of all dividends is made on June 30.
The above is the normal management mechanism, special proposals will make decisions based on the votes of Governance (DAO).
1、NFT royalty income: 60% for NFT Staking incentives
40% goes to ecological construction
2、Project incubation investment: external investment, public investment amount, investment share percentage and income right tracking contract address dividends.
3、Governance (DAO) the highest decision-making organization, holds NFT to have the right to propose.
4、The Foundation is the organization that manages Token, and the Foundation also needs to pay taxes to the Governance (DAO).
5、Foreign investment projects should require by Governance (DAO) vote before decision making, and then the dividends from the project proceeds are returned to the DAO.
6、Annual dividend by Governance (DAO) to NFT holders.
7、The VC branch under the management of the investment institution conducts due diligence and makes investment proposals for portfolio projects.
8、Only NFT Holders can propose, without NFT cannot
9、The maximum number of votes which NFT holders is four times that without NFT.
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