Allocation of Membership Contributions
Every membership contribution that is made to The LifeDAO is allocated to the fund in the following ways:
Reserves - Varies according to the expected Benefit Payouts, typically 50-70%
Protocol Fee - Fixed 22% paid to Takadao
Operational Expenses - Varies according to needs of the DAO as decided by DAO membership, typically around 5%
Surplus Distribution to members - Varies, surplus is whatever is leftover in the fund after all Benefits and expenses have been accounted for.
For more details on how each of these allocations are calculated by the Takadao protocol, please refer to the Takadao whitepaper.
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