Yield generation & Roadmap
Last updated
Last updated
Yield Generation (YG) refers to the process of deploying capital into instruments that generate a return on said capital. Yield or return is defined as the appreciation in invested capital, after costs of deploying capital to an investment instrument. is calculated as a percentage over initial capital invested and it is time related.
The yield generated on all assets for the DAO will be split on an 80:20 basis. 80% of all yield generated will be due to the DAO and 20% will be assigned to the technical (Takalabs) and strategic partners/protocol providing the YG service.
Takalabs and contributors drive the project (develops and refines the process from initial stage discord)
1000 early adopter NFTs classified as Ambassador NFTs at $50 per piece = $50k towards the HoW DAO treasury. These NFTs are non-tradable within the 24 months of minting. The revenue generated through these NFTs will be deployed to the cost of events, etc.
Community appointed officials to identified transitional DAO roles
Complete transition to decentralized grant funding platform
Pioneer collection (Contributor NFTs)
Ambassador Collection (Early Adopter community NFTs)
1st decentralization hurdle to achieve - 50 000 community. Partial handover of responsibilities within the DAO - appoint a governing body or Board of Conveners (BoC) (multisig signatories) - for now Takadao must elect a BoC.
Governing Body - initially handles routine and non routine decision making, however from this point onwards distinction between routine and non routine decision making becomes very clear. Routine functions required in the day to day running of the DAO will be the responsibility of the governing body as elected. Non-routine functions (protocol upgrades, election of officials, granting etc) will vest in the ambits of the NFT community.
2nd decentralisation hurdle to achieve - 100 000 community, 90% handed over. Support functions are the responsibility of Takadao. Terms to be agreed between Takadao (Product Operator) and the HoW Community - related to management fee - how Takadao earns its fee.
The DC expects the above transition period to be anywhere from 24 to 40 months. 24 months is the happy scenario assuming that the DAOs NFTs are more popular than expected and community targets are met as per the roadmap detailed above, and 40 months should the DAO require the implementation of an appropriate marketing strategy as a medium of driving adoption gradually.