DAO Economics
Last updated
Last updated
StarCollector DAO shall always comply with the following two principles:
The flow of StarCollector DAO vault is as follows:
[DAO Flow illustrate]
Sources and uses of the vault are limited to following elements
NFT minting: 80% of the ethereum collected through Starboys NFT will be kept in the vault
Starboys NFT transaction fee: 80% of the ethereum collected from Starboys NFT transaction fee will be kept in the vault.
Hodl to Earn: All NFTs purchased with the vault will be kep in the vault.
All uses of the vault will be decided by community vote and will only be executed through multi-sig system.
NFT purchase: Majority of the vault will be used to purchase blue-chip NFTs and mint whitelisted NFTs.
Community operation cost: Used for operational costs, including marketing, collaboration, working group payroll, etc.
StarCollector DAO will last for three years from token generation(governance token, not Starboys NFT).
On liquidation, the vault will be liquidated into a form of cryptocurrency and provided to Starboys NFT holder and governance token holders.