ADAO will be based on dApp staking of Astar Network. Users will get some of the developer rewards while participating and gaining basic rewards. At present, ADAO divides the developer rewards into: Revenue Reward, On-chain Treasury, Incubation Fund, any rewards of which can be adjusted by DAO governance.
Revenue Reward
60% of developer revenue will be distributed to all users who participate in staking Astar, for A-DAO itself was created to allow everyone to get more income.
On-chain Treasury
30% of the developer revenue will be allocated to the on-chain treasury, which will first be used to invest in ecological projects on Astar, including but not limited to: project investment, liquidity mining, etc.
Incubation Fund
10% of the earliest developer revenue will be allocated to the project side. After the establishment of the DAO committee, any builders who are conducive to ecological development can apply for this fund.
Community Governance
In order to prevent people from doing something bad in the early stage, A-DAO will set up a committee. There will be 10 members of the committee. For early proposals, committee approval and more than 50% committee votes are required for members voting activities.
About ADAO
ADAO will be based on dApp staking of Astar Network. Users will get some of the developer rewards while participating and gaining basic rewards.
Astar Network aims to be the biggest hub for the multi-chain era by bridging with Ethereum, Cosmos, and others. With Starlay Finance, the Astar ecosystem will be a huge marketplace for storing all kinds of tokens on any kind of chain.
