Treasury allocation
Season One:
35% Liquidity Pool
5% Buy and Burn Fund
20% Winning Investment
20% Kept in stables for next season
20% Dev reimbursements
Season Two:
15% Liquidity Pool
5% Marketing Fund
30% Winning Investment
40% Kept in Stables For Next Seasons
10% Operations
Criteria
Treasury raised through bonding, LP fees and any other token-generating activity will be allocated heavily to other Rebase token projects.
Process:
We will consult with consiglieri regarding other projects with the following criteria, in order of importance: 1) sustainability 2) profitability 3) culture-alignment
Consiglieri will maintain a short-list of approved projects
Families (holders of $BOSS token) will compete with ideas for treasury allocation
At the end of the competition, with the winning project having been decided, treasury will be allocated through multi-sig transfers by the team at an unannounced time and date in order to prevent front-running.
As a result, our treasury will possess a great-quality project that is expected to grow in value over time.
More about allocation criteria
1) Sustainability
We understand that the appeal of projects that use the economic mechanisms similar to that of OlympusDAO have a clear advantage over time. This is explained that rebase tokens' returns accelerate over time due to compounding.
By picking projects that are sustainable, even if initial APY or APR seems to be lower by comparison to other newer projects, we will raise the likelihood of hitting a point in which diluting the project may not be necessary. In this game, sustainability IS profitability.
We will consider tokens and projects of various types. We will start with DeFi projects and branch out. We will consider any themes that satisfy the criteria.
2) Profitability
Projects will need to show signs they are not only sustainable, but that the rebases received from it and price appreciation will total a positive net result.
3) Culture-alignment
Our community is made up of people from all walks of life, however, Associates, Men of Honor, Bosses and all family members have a few things in common:
We stand for loyalty, prudence and justice.
Projects that have shown to act in a way that's opposing these values, among others, will not deserve a piece of our treasury.
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