Treasury
The PartyNode DAO Treasury includes:
All proceeds from the PartyPass NFT sales
All royalties from PartyPass NFT secondary trades
10% of all PartyPasses from each sale phase
All $FAVOR tokens accrued within the PartyPasses
Interest earned from loans
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:
compensate contributors
distribute grants
sell for more funding or to diversify
burn to lower the supply
perform DAO2DAO token swaps with partners
Last updated