PartyNode
  • Getting Started
    • Introduction
    • PartyNode 101
  • Token Economy
    • Party Pass NFT
    • FAVOR Token
    • Genesis Sale
  • Party Portal
    • Party Rules
    • Co-Signing
  • Party Hosts
    • Become a Party Host
    • Working Capital Loans
      • Loan Terms
      • Screening Process
    • Thowing A Party
    • Lending Trust Scores
  • PartyNode DAO
    • Membership
    • Treasury
    • Partnerships
    • Roadmap
  • Validator Networks
    • Overview
    • Ethereum Mainnet
    • Gnosis Chain
    • Polygon
    • The Graph
    • Threshold
    • Connext
    • Delegating
    • Other Networks
    • Other Strategies
  • Under The Hood
    • Overview
    • Shared Treasuries
    • Proposal Tool
    • Single Option Voting
      • Single Option Voting Token
  • PartyNode Risks
    • Wait...What?
  • Case Studies
    • Uncollaterlized Loans
    • Governance Design
    • Token Model
  • Resources
    • Source Links
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  1. PartyNode DAO

Treasury

The PartyNode DAO Treasury includes:

  1. All proceeds from the PartyPass NFT sales

  2. All royalties from PartyPass NFT secondary trades

  3. 10% of all PartyPasses from each sale phase

  4. All $FAVOR tokens accrued within the PartyPasses

  5. Interest earned from loans

  6. Any and all investments PartyNode receives

The DAO can NOT use its $FAVOR tokens to vote on loan proposals because it can't prove it's a unqiue human. $FAVOR tokens that the DAO accumulates within the Party Pass NFTs are locked just the same as all of the rest. Although, the Party Passes themselves can be used, via proposal, to:

  1. compensate contributors

  2. distribute grants

  3. sell for more funding or to diversify

  4. burn to lower the supply

  5. perform DAO2DAO token swaps with partners

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Last updated 10 months ago