lobithenew.blogg.se - Magnet dao

Given that the incubation is an innovative, never-before-seen core component of Magnet DAO, a deep dive into the concept is only justified.

We want our governance system to be as seamless as possible and feel it is essential that we design an intuitive user interface that allows all token holders (DAO members) to have an influence. The first protocol to be developed is a native DAO tooling interface that will be used in conjunction with Magnet DAO. The Magnet DAO team will also incubate these projects to ensure their success, and our community will help grow them. The DAO committee will decide which projects to fund and how much to fund them. So, even if certain projects fail, 90% of the treasury remains intact, giving a floor value for our token. Magnet DAO’s treasury will therefore have early investment exposure to initiatives, giving unrivaled upside potential for rapid growth. Magnet DAO intends to use a portion of this treasury to fund the development of new protocols and to assist and incubate new projects. What is the unique selling point? Innovation Fund We already have various ideas for projects we want to develop, all of which are synergistic to our primary protocol

Develop protocols under the Magnet DAO name.

Given the number of stablecoins we will have in our treasury, we will certainly be exploring how we can best generate returns on these assets

Add “zapping” liquidity to our protocol for ease of bonding LP pairs.

Implement a diamond hands bonus for staking, to incentivize.

Implement vesting schedules for bonds, where the user can receive a higher ROI if they opt to vest their tokens over a longer period of time (rather than a 5-day standard).

The team has a lot of ideas for how they can add value to the protocol.

Outstanding features What is the project trying to achieve? The DAO committee will oversee the use of the treasury funds set aside for new projects, choosing both the sorts of projects to invest in and the amounts to be given. Ensuring that even if some projects fail, 90% of the treasury remains intact, creating a floor value for our token. The team has introduced the Innovation Fund: 10% of our treasury and bond profits to invest in high-quality crypto startups. The DAO owns all tokens received, providing infinite value and unparalleled upside for investors. MAG will also create its own protocols, with all fees going to MAG token holders. It can optimize investors’ expected value and return by investing in, incubating, and growing new projects through the platform and funds. Magnet DAO uses its treasury reserves to invest in and incubate innovative projects. Magnet DAO is a cryptocurrency incubator that utilizes its treasury to develop, incubate, and invest in crypto projects in their early stages.