DAO Treasury
Last updated
Last updated
The financial mechanisms and interdependence between Infinity Stones and DAO Treasuries establish a robust and sustainable financial infrastructure, entirely managed and upheld by the community. Think of the Treasury as a state treasury, accumulating tax revenue (tokens) derived from NFT activities on each planet.
Community Fund Repository:
The DAO Treasuries play a crucial role as repositories for various funds, sustaining the ecosystem through the collection of fees and taxes. Key contributions to the Treasuries include:
Tax from the usage of Lands for Evolving NFTs
Tax from Users using Lands for Summoning/Breeding NFTs
Fees from reviving dead NFTs
Battle Rewards:
The victorious side takes the full bet from the losing faction. A portion goes to the DAO Treasury, while the remainder is distributed evenly among all players according to their NFT stake ratio and duration. The winning side's bet is then returned to the DAO Treasury.
Staking Rewards Distribution:
DAO Treasuries facilitate the distribution of yield rewards for staked tokens.
The token amount collected by the DAO Treasury is automatically allocated to 5 pools as follows:
Burn Pool
50%
Will be burned when DAO Treasury levels up.
War Pool
20%
A betting amount utilized for Battle Rewards.
Staking Reward Pool
5%
Utilized for paying yield rewards in token staking.
NFT Staking Reward Pool
15%
Utilized for rewarding NFT staking.
Liquidity Staking Reward Pool
10%
Utilized for rewarding Liquidity staking.
Once the token amount in the Burn Pool of the DAO Treasury hits a specific threshold, the DAO Treasury qualifies for a level upgrade. At this juncture, any player has the opportunity to take action and boost the DAO Treasury level.
Upon leveling up, the DAO Treasury will burn the entire token amount in the Burn Pool. This level increase brings about the following enhancements:
Raised limits for the max level of NFTs
Increased maximum quantity of NFTs per planet
Expanded allowance for the number of NFTs in a battle
Elevated max level for Evolve and Summon/Breed Land
