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

Last updated