5. Finance

The DAO could be thought of as a business, meaning it has a treasury, revenue, and expenses to operate with. Below are some of the core monetary mechanisms outlined that fund and remove funds from the DAO’s treasury.

5.1 Revenue

The protocol fees listed below are up for change as the VEME DAO sees fit and proposals move through

VeFi Protocol

32% of all VEME being minted by liquidity through bonding mechanisms (DAI, MATIC, etc), goes into the VEME DAO treasury. This is an actively ongoing process.

Voltage Protocol

Voltage takes 5% of an NFT sold through Voltage, burns 2.5%, and sends the other 2.5% to the VEME DAO’s treasury to fund further advancements on the tech stack. Apart from minting, Voltage also allows for licensing, advertising, and streaming content. Fees have to be determined on this, but will have a similar effect on the deflationary nature of burning tokens. Part of the fees generated will be added to the treasury to fund further enhancements on the tech stack.

AINI - The DAO Launchpad

Every time a V/ DAO is funded, part of its treasury will be bonded inside of the Vefi protocol to generate sticky liquidity. This provides both a source of funding for the V/DAO as well as a source of revenue for the VEME DAO through distributions.

A % of all V/DAO tokens will be stored in the VEME DAO treasury, and the VEME DAO as a unit will be able to directly invest into its own DAOs.

This is a mutually reciprocal relationship in which all tides rise together.

The model is still under construction; fee mechanisms are under discussion.

DAPPS

Veme is built to have an ecosystem of DAPPS plug into its main model, giving a % of revenue from its operation into the VEME Dao itself.

Our first DAPP is an asynchronous video communication ‘slack’ for DAOs.

5.2 Operating costs

Some of the costs associated with running the VEME DAO and the VEME ecosystem consist of the following:

Tech stack management and development A dedicated team needs to be incentivized in order to actively manage and advance upon previous VeFi, Voltage and DAO Launchpad builds. Examples to consider are:

• Continuous development of integrations and implementation of advancements.

• Continuous testing on the security of the protocol as the application layer of the solution.

• Continuous research on developing our own advancements.

Different incentivization models are possible within the DAO; below are some suggestions:

• Part of protocol/treasury revenue generated flows directly into the development pod’s treasury; most common. Disties DAO success from protocol development. Development is directly incentivized by how well the protocol is performing.

• The proposal per proposal based, development of the protocol is dependent on the success of the DAO.

• Initial stake funded to the development treasury.

DAO Management

As listed above a DAO has dedicated members running it. Different models can be used to decide on how those members are compensated. Regularly they are on a fixed payroll by the DAO.

Proposal payouts to pods and community members

Proposals made by pods and community members are written in order to benefit the value of the ecosystem as a whole.