Foundation
The Meta DAO Foundation is the service provider of the DAO organization. It is composed of DAO founders, co-founders, head consultants, capital representatives and guild leaders. It represents DAO's internal decision-making and execution, and ensures DAO's safety, stability, long-term continuous operation and develop.
The DAO Foundation's goal is to manage the ecosystem in a fair and inclusive way, it utilizes multi-signature The wallet controls the treasury system in the DAO, manages the actual expenses according to the needs of the DAO, and is a member of the DAO Provide infrastructure for community team collaboration through an open and decentralized governance process. The DAO Foundation governs four major funds:
LP Market Making Fund, DAO Investment Fund, and DAO Development Fund and DAO Public Welfare Fund. Fund size: 420,000U.
Fundraising: Founders, co-founders, promoters, co-sponsors and super evangelists. Fund rules: LP market-making fund, 51% long-term shareholding dividends, 49% released after the unlock period expires. Fund usage: Used for LP market making in DAO.
Fund size: 1,000,000U. Fund raising: Head consultants, management representatives and association leaders.
Fund rules: DAO investment fund, 51% long-term shareholding dividends, 49% released after the expiration of the ban period (T+360 days).
Fund use: Used for ecological construction and market value management within DAO. Fund size: 210,000U. Fund raising: 10% marketing management.
Fund rules: The monthly expenditure amount shall not exceed 8.33% of the annual amount. Fund usage: For DAO community team building.
Fund size: 100,000U. Fund raising: 0.25% of the ecological dividend in DAO is accrued quarterly.
Fund rules: The annual expenditure quota shall not exceed 25% of the total quota. Fund use: For DAO community public welfare undertakings.
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