1 - Funding cycles with a target 2 - Overflow pool (runway) 3 - Revenue sources generated project tokens (mint and burn) these are a claim on the overflow pool redeemable for the project's overflow proportionally to the amount of tokens they hold 4 - Reserve rate is a % of the tokens that are minted and allocated to the list of people who have contributed to the project. These are accounts on the Reserve list. 5 - Discount rate is a % that decreases the amount of tokens that are minted when money comes into the project. This decreases each funding cycle and is allocated to the list of people who have contributed to the project on the reserve list.
V2 - Contractual outcomes when a project is funded Contractual redemptions Fundraising mechanics route to pay function, could be NFT or whatever Pay funktion is a funktion that is called when a project is funded or redeemed Tiered rewards eg. Pay over 1000 DAI and get a tshirt or and NFT
Rage quit funktion can be fractional or whole
Project origin tends to dictate culture and issuance over time for token
OS projects like NFT projects with revenue streams, take % or royalties or primary sales, and let the project decide how to distribute the revenue. This creates a type of price floor for the NFTs.
Funds are backing governance and the project Transparency on how funds will be used before using them. Tradeoffs - funds back gov asset- justify spending, thing you own will be worth a little less in short term, time horizon community decision
"A rare group of albino unicorns."
Compensation and transparency Open accounting - patience and communication attract talent that are aligned with the project mission DAO immune system - takes in new idea and makes it productive or rejects it mitosis - split into sub DAOs Foundation treasury - then make grants to sub projects All about the people. Bunch of weirdos.