OURWHITEPAPER
Summary
● Raise Goal: 550 SOL
● Wallet Signature: Smart Layer Team
● DAO Vision: Support The Major Protocol and Smart Layer with technical development and new price discovery.
● DAO ROI: Priority investment in the first Major Agent, trading fees from wSLN/SOL LP, and more
● Links: Twitter, Telegram, Website, DAOS.FUN
Participation Table
| Category | Allocation | Link |
|---|---|---|
| VIP 1 | 50 SOL | On Request [Telegram: DanielSynth] |
| VIP 2 | 20 SOL | - |
| VIP 3 | 5 SOL | - |
| Whitelist 1 | 1.5 SOL | - |
| Whitelist 2 | 0.5 SOL | - |
Initial Allocation
Proposed. Through governance voting on DAO setup.
| Percentage | Destination |
|---|---|
| 30% | $MOTOKO |
| 40% | Daos.Fun Treasury/AUM |
| 30% | wSLN/SOL LP |
🚨 VIP's TD allocation which is 10% of it will be sent directly to Tapp Dao's AUM 🚨
Investor Return
● A % based on their allocation of daos.fun $TAPP Token(MC/FDV 1B)
● A % * 0.3 based on their allocation of $MOTOKO Token(MC/FDV 1B)
Governance: Voting
● $TAPP holders will be able to vote on AUM deployment.
● Any $TAPP holder will be able to submit a proposal for review, based on a submission template.
● Voting mechanics to be confirmed at a later date.
● Example proposals: Burn LP, hiring, feature development SL has the dev team for this if necessary, Agent deployments (on Solana, Base)
Governance: Initial Proposals
On creation of the DAO, 2 proposals will be submitted for voting:
● Proposal 1 $MOTOKO Participation
- Use 30% of treasury to market-buy SLN.
- These funds will be used to buy $MOTOKO, the first Agent launched on The Major Protocol.
● Proposal 2 Liquidity Pool Setup
- Use 5% of treasury to market-buy SLN, bridge to Solana using Wormhole, and create a LP on Raydium as of wSLN/SOL.
- Smart Layer will commit remaining 10% of SLN towards LP (50 SOL worth)
- Trading Fees will accrue to the DAO AUM, to be used as voted by $TAPP holders.
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