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<template> |
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<div class="container"> |
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<h1 class="text-center">Degen Domains ($DNS) & Degen DAO</h1> |
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<div class="row mt-3"> |
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<div class="col-md-8 offset-md-2"> |
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<p class="text-center"> |
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Tokenomics & Governace |
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</p> |
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<p class="text-center"> |
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<img class="img-fluid" src="../assets/architecture.png" /> |
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</p> |
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<h3>Degen Domains ($DNS)</h3> |
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<p> |
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The Degen Domain Service token <code>$DNS</code> is the Governace token for the Degen Dao where protocol revenue is managed by |
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the Degen community. The DNS token will have additional use cases as our ecosystem grows. $DNS contract is owned by the governor contract. |
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The Governor contract is owned by the DAOs Gnosis Safe |
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</p> |
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<p> |
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DNS Max Supply: 100,000,000 |
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<ul> |
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<strong>8% Buy/Sell Tax:</strong> |
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<li>2% Burn (Tokens removed from circulation).</li> |
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<li>2% Dev/Marketing (To ensure project longevity).</li> |
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<li>2% Liquidity (Injected directly into LP to inflate K-Score / ensure higher floors & less dumps)</li> |
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<li>2% Reflection (Rewards loyal holders on every Buy / Sell).</li> |
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</ul> |
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</p> |
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<p> |
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DNS Token Distribution: |
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<ul> |
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<li>XX% Development Team (Locked in Vesting Contracts 24 Months).</li> |
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<li>XX% Pre-Sale (Discounted Tokens locked in Vesting Contracts 3 Months).</li> |
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<li>XX% Public Sale (Public Whitelist Sale)</li> |
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<li>XX% DAO (Tokens dedicated to Rewards Programs).</li> |
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<li>XX% Reserve (Reserve for additional Pools and Exchanges).</li> |
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</ul> |
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</p> |
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<p> |
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Community Ownership: |
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<ul> |
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<li>$DNS contract is owned by the governor contract.</li> |
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<li>The Governor contract is owned by the DAOs Gnosis Safe.</li> |
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<li>Gnosis Safe Multisig signers include community members and early participants.</li> |
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<li>At 1,000 $DNS holders the DAO upgrades to full on-chain governance.</li> |
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</ul> |
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</p> |
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<p> |
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Gnosis multi-sig makes sense for a newer DAO with a smaller treasury. As the DAO membership expands, |
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the DAO will upgrade the Gnosis Safe to an on-chain Governor without having to moving all assets and permissions between contracts. |
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</p> |
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<h3>Degen DAO Governace</h3> |
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<p> |
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Governace for the Degen DAO is made up of the DNS Token, Governor Contract, and Gnosis Safe. The Gnosis Safe holds |
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protocol revenue from minting domains and royalites and any other future income. The Governor Contract is responsible for managing DAO proposals. |
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It keeps track of the status of proposals, and it counts the votes to see if they pass. |
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</p> |
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<p> |
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To prevent spamming, only users whose voting power exceeds XXXX $DNS can create a proposal and anyone holding XXX $DNS can vote on proposals. |
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</p> |
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<h3>Governance Process</h3> |
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<p> |
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Voting takes place over a 3 day voting period. When the voting period ends, the system first checks if the number of yes votes exceed the protocol's quorum threshold. |
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If the proposer's voting power drops below the proposal submission threshold at any time from submission until the voting or time-lock period ends, the proposal can be cancelled. |
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Finally, once the entire process has finished, the proposal can be executed on the Gnosis Safe. |
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</p> |
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<h3>Resources</h3> |
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<p> |
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<ul> |
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<li><a target="_blank" href="http://docs.degendomains.io">Docs</a></li> |
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<li><a target="_blank" href="https://tally.xyz/">Tally</a></li> |
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<li><a target="_blank" href="https://docs.openzeppelin.com/contracts/4.x/governance">OpenZeppelin Governance</a></li> |
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</ul> |
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</p> |
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</div> |
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</div> |
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</div> |
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</template> |
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<script lang="ts"> |
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export default { |
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name: "DegenDao" |
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} |
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</script> |
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<style scoped> |
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p { |
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text-align: justify; |
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font-size: 1.1em; |
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} |
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|
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h3 { |
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margin-top: 35px; |
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} |
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</style> |
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