Tokenomics / Operations
How does it work?
DAOs work somewhat like a club, only that you are not paying for membership but participating in the project with your blockchain assets and work. Being a member gives you a voice and a vote for almost all DAO operations, proportional to your share of the total voting tokens.
There’s no single entity or person with control over the pool of assets, and anyone can quit anytime and get back their share staked on the open pool if they don’t feel like participating anymore. Members can also get kicked due to bad behavior by community vote.
Check the list of key features and operational policies that govern our project:
DAO Features & Policies
Progressive Sale
Starts at 90% discount.
Making available lots of 100K tokens at a fixed discount rate that reduces proportionally in each step.
There are no schedules or timeframes, a next stage starts as soon as the previous one is sold.
30% Reserve
70% available for the public.
Both our DAO tokens and Utility token share a model where 70% of the total tokens will be available for the public progresively.
The DAO reserve is an operational safeguard and fund for the initial workers before the payroll pool is fully funded.
Locked Value
Loot tokens vests at $1.
Once finished, the value you accumulated in the DAO is locked in the peg and vests exactly at that value once we have our final chain running.
This vesting is done in private sale so you also get the new tokens for as low as they will ever be.
No bonus
Founders don't own excess funds.
They can't vest or participate beyond management, at the end of the process, all unused funds become part of the org DLT reserves and market cap.
Founders and workers just request average market salaries for their work. They bootstrap little off-chain expenses from that grant.
No Caps
Ready when ready.
There are no soft caps or distribution limitations. Nothing depends on reaching a predefined raise amount but on meeting tangible operative objectives.
If we meet those objectives by stage 3, then that's it, that would be the final stage.
Free Proposals
Just pay the super low TX fees.
Not only we are using one of the most affordable chains but we also don't have a fee to submit a proposal.
We want to onboard people that are not familiar with crypto, and those who are in locations where conventional fees are high.
Project Technicals
All there is to know about our tokens.
Quick Reference
Specs & Links | v 0.1.2 |
---|---|
DAO Type | Moloch v3 |
Platform | Chain | DAOHaus | Gnosis Network |
Voting Token | Axxion | AXX | 1,000,000 | Non-Transferable |
Loot Token | reAxxion | rAXX | 1,000,000 | Non-Transferable |
Utility Token | Praxxis | PAXX | 1,000,000,000 | 70% Public |
Voting Period | 60 Minutes |
Grace Period | 30 Minutes |
New proposal fee | 0.0000 XDAI [Free] |
Quorum | 50% |
Min Retention | 66% |
Required to sponsor | 50000 AXX [5%] |
Main Contract | |
Treasury | |
Voting Token | |
Non-Voting Token | |
Utility Token (Proxy) | |
DAO Admin | https://admin.daohaus.fun/#/molochv3/0x64/0x897...a4f/settings |
Community | |
Support |
Distribution Outline
No Data Found
- Voting tokens don’t have monetary value, only utility for participation while the DAO is operative.
- Loot tokens are the ones we take into account for value transfer and convert at the peg.
- Investors and KYCd team get 1+1 token shares; Only they get voting weight by funding the development.
- VT Reserve is operational and does not convert or transfer once DAO concludes.
- LT Reserve is the one we use for airdrops and kickstarting marketing.
No Data Found
Estimated Use of Funds
No Data Found
Roles and access
\ | Salary | Payments | VT | LT | Reserve | Value Mig. | Role Mig. |
---|---|---|---|---|---|---|---|
Employees | ▲ | ▲ | ▲ | ▲ | |||
Contractors | ▲ | ▲ | ▲ | ▲ | |||
Investors | ▲ | ▲ | ▲ | ▲ | |||
B. Hunters | ▲ | ▲ | |||||
Lurkers | ▲ |
Employees: The team made of founders, CxS, and everyone working full time in the project.
Contractors: Workers doing specific jobs by commission on approved proposal.
Investors: Anyone that prefers to contribute with grants and advice, rather than work.
Bounty Hunters: Can become contractors or CAOS agents easily by applying to KYC.
Lurkers: Get to watch and keep watching. The level of access atainable here will not be available later.
Token Info and Availability
AXX
rAXX
The main path to get our DAO tokens is by participating in the project with your work, starting with the Airdrops, and later as a contractor or team member.
You can stake PAXX tokens at market price in exchange for the pairs. And you can also stake USD peg coins like wrapped xDAI, USDT, USDC, BUSD on the Gnosis chain.
You can only get these token by interacting with the DAO’s web3 platform, and the format is a Presale one with progressive stepped value stages:
▲ | AXX + rAXX |
---|---|
Type | Moloch v3 DAO Native Tokens |
Chain | Gnosis |
Supply | 1,000,000 |
Circulating S. | 70% |
Reserve | 30% |
Vesting | Yes |
Locks | Yes |
Sale | Work + Prog Stepped Sale |
Get the DAO tokens:
1st Stage
100,000 AXX @ $10.000- 90% Discount
- 100% Voting weight
- Become 1% with only $1,000
- Become 10% buying the whole round.
2nd Stage
100,000 AXX @ $20.000- 80% Discount
- 100% Voting weight
- Become 1% with only $2,000
- Become 10% buying the whole round.
3rd Stage
100,000 AXX @ $30.000- 70% Discount
- 100% Voting weight
- Become 1% with only $3,000
- Become 10% buying the whole round.
PAXX
This is a project of opportunities into real assets and for those you need access to both our platforms and IRL channels, so it easier to think that a PAXX is a PASS into everything we want to build.
1 PAXX will always be 1 PASS
This is a proxy upgradable standard token setup to be a plain canvas for experimentation in adapting the EVM paradigms into our real life processes, beyond its inherent value transfer utility, this token helps us to sketch the blueprints of our own chain’s native tokens, to which a bridge is almost obligatory.
▲ | PAXX |
---|---|
Type | Open Zeppelin Proxy Upgradable |
Chain | Gnosis |
Supply | 1,000,000,000 |
Circulating S. | Planned: 20% » 50% » 70% |
Reserve. | 30% |
Vesting | No |
Locks | No |
Sale | Private » Auction » DEX |
Get the utility tokens:
Private Sale
20% PAXX @ $100.000- Seed funds
- Fixed Price Sale
- KYC and Whitelisting
- Hedgey Quick Vesting
- Funds managed by the DAO
Fair Auction
30% PAXX @ $???.???- Operating funds
- Starts after Private Sale ends
- KYC and Whitelisting
- Platform TBD
- Funds managed by the DAO
DEX
20% PAXX @ $???.???- Reserve funds
- Public sale
- Market based prices
- Platform TBD
- Funds managed by the DAO
✳ Team and support will never DM you first.
✳ You don't have to send money or tokens, nor share your private keys with anyone.