DAOrayaki DAO Research Grant

Fund Address: DAOrayaki.eth

Voting Result：DAO Committee Yes

Grant Amount：100 USDC

Category: DAO, GovenorDAO, Govenor as a services（GaaS）, Liquidity Generation Event (LGE), synthetic LP (sLP), farms tax

Contributor：Jones @Daorayaki, 朱莉白@Daorayaki

成立时间： 2020年

代币名称：GDAO

代币类型：ERC-20

一、介绍

Governor DAO是一个区块链项目，其核心价值围绕治理即服务和在企业或项目中部署DAO。 该项目是在BREE失败之后提出的，BREE在利用Synthetic Bree（SBREE）代币合约中的后门（backdoor）清除了所有资源，导致原始资金永久消失。这一事件，鼓励开发团队提出GovernorDAO项目，这也是朝着社区概念向前迈进的一步。

二、团队成员

·Zane huffman 简称“Green Jeff”：首席财务官兼solidity工程师

Zane深耕加密货币领域8年，其简历涵盖了整个领域中的众多项目，包括新闻媒体和代理机构。除了Governor DAO的身份之外，Zane是顶级DeFi协议的核心团队成员。他在Governor DAO的职责包括智能合约的开发，项目规划，BizDev和日常沟通。

·Cody Dyer简称 “Dyer”：业务发展主管兼首席数据科学家

Cody是一位具有热情的DeFi鉴赏家，在区块链生态系统中的网络，交易和架构方面拥有七年以上的经验。他在这个领域的经验和对Governor DAO和CBDAO Unrug项目的贡献，已被证实是项目开发早期阶段的宝贵资源。

·Michael Side 简称 “SideWinder”：内部沟通主管和项目经理

Michael在社区中被称为SideWinder，但在现实世界中，Michael Side在众多领域里拥有25年经验和专业知识，包括软件交付渠道、基础架构支持、项目管理等，是具有许多技术知识的多面手。 SideWinder是团队的专职成员，把控方向，紧跟潮流，提出新的可持续的工作方向，优先分配资源，使Governor DAOLLC有机发展。

·Britton Wolf简称“Britton”：首席政治战略家

Britton是Prime Investing的创始人和youtube博主。 除了在加密社区中的工作外，Britton还是政治顾问，在地方，州和联邦级别的34项竞选活动中拥有丰富的经验。Britton对加密货币拥有热情，在促进Governor DAO项目和支持加密法的政治过程中拥有丰富的经验。

治理即服务是一个尚未开发的商机，他对这一突破性项目的未来充满期待。

·Jon Greenwood简称 “JonG”:传播与社区联络主管

Jon Greenwood在社区中被称为jgr33nwood。 他在Governor DAO内部的工作包括与不同合作伙伴联系，整合团队工作。他还担任内部运营的业务顾问。

·Justin Sikes简称“BTCThiccc”：首席图形设计师

Justin是一位才华横溢的平面设计师，具有多年的将想象力付诸实践的经验，作为Governor DAO的专职成员，Justin的工作是用艺术帮助全世界的人们了解Governor DAO的愿景。他在社区中以Thiccc或BTClookingExtraThiccc闻名。

·Angel Ramos简称“Uplift”:数字媒体主管

Angel从事信息技术领域已有17年，在从硬件到图形设计的多个工作中拥有丰富的经验，Angel作为爱好在YouTube平台上分享自己的图形设计和视频编辑6年。形式与功能完美结合才会产生强大的影响力，Angel帮助团队进行了UI / UX设计以及各种其他形式和媒体内容的建设。

·Soheil Saadati简称“Sohilo”:前端工程师

Soheil，在社区外被称为Sohilo，组建了项目专职团队，为Governor DAO初创阶段做出了贡献。负责项目架构，整合多项前端基础设施，提出解决方案，专攻众多专业领域，包括React，JavaScript，Web3和Web全面开发。Sohilo在Hub中的 Governor DAO上发挥了关键作用，确保始终为社区提供服务。

三、Governor DAO治理机制

治理即服务（GaaS）：

DAO的基础设施中固有的复杂性使Governor DAO成为了治理即服务（GaaS）这个未开发的空白领域的先驱。

GaaS的最高境界指利用自身优点和技术来引导第三方项目。随即，以咨询-工作的形式移植我们的一些技术（空投（airdrops），LGE，赋税农场（taxed farms）等。）到新项目中。这样他们就可以成功定位自己，此外，还可以演化为更全面的Unrug-as-aService的形式：在社区工作中经历过类似的退出骗局（exit scams），对于我们能做的是遵循Governor DAO采取相同或相似的方式帮助他们收拾残局。

最终，“治理即服务”是一个完善的治理引导计划：利用自身在社区中的高度参与，确保公平，积极地参与第三方DAO的治理。采取的形式是分配Governor金库和/或空投给GDAO持有人（可能根据被确认为“活跃选民”的地址进行过滤）。最初，Governor DAO 的建立是证明我们社区的热情，这也是其他项目希望看到的。

除此之外，治理代币通过GDAO农场税，积累金库（YFI，UNI，SNX和AAVE），作为治理其他项目的能力的证明。这些代币被选为测试组。按照GDAO持有者要求，直接在Governor 金库用于投票和创建提案。成功利用这些代币作为各自平台治理的积极参与者后，Governor DAO将为其他平台提供同样的服务，作为治理即服务包的一部分。

流动性生成事件Liquidity Generation Event (LGE)

由于GDAO需要流动性，Governor DAO提出了“流动性生成事件”，旨在奖励参与者并确保适当的流动性。此外，LGE将仅适用拥有地址者持有，抵押或 LP’ed BREE，每个地址上限为25 ETH时，其中硬上限（hardcap）为300 ETH（约120,000美元）。如果没有达到硬上限，则可能会加价向公众开放，按以下方式操作：

1. 参与者将ETH发送到LGE地址。 未列入白名单的付款会退回给发件人。

2. 如果没有达到hardcap，白名单会被取消，任何人可以参与进来。 因此，稍微加价便会重新分配给白名单参与者。

3. 当达到hardcap上限或活动结束时，筹集到的100%的ETH将以0.002 ETH（约0.80美元）的价格在Uniswap上与GDAO一起作为流动性发布。这相当于大约240,000美元的初始流动性。

4. 参与者将收到一个合成的LP代币，与他们负责的GDAO-ETH LP代币的数量相对应。可以根据自己的选择交易或转让这个合成代币。

5. 合成LP令牌的持有者可以在Swap Contracts中销毁这些代币，以接收相应数量的GDAO-ETH LP令牌。

Governor的销售策略（Salesforce）

Governor DAO 的第一个产品“存在证明Proof-of-Existence表”将佣金以代码形式体现，工作原理如下。

1.  在成功的内部概念验证（Proof-of-Concept）之后，我们将引入可投入生产的存在证明（Proof-of-Existence）代币并在白名单中将其作为可证明的唯一用户。注册后将被编码为智能合约，并利用联合曲线(bonding curve)出售：早期的用户可以享受更便宜的价格，而后期的用户则需要支付更高的价格。其目的是将符合行业标准的白名单地址用于空投和一些赚钱机会。 因此，列表越大，采用范围越广，注册的价值就越大。

2.  每当用户注册并付费进行身份验证时，都会提示他们输入推荐地址。如果输入了推荐人，则推荐人将自动获得他们的利润分成。

此外，拥有Governor NFT的所有权将进一步促进利润的分配。NFT持有者的追捧也会自动提高佣金率（commission rates）。如果某人持有NFT的其中之一，那么他们的推荐费将提高1.5倍。Governor DAO还提供批量注册，对于中意的独特代币的项目可以购买和分叉（ forked ）存在证明（Proof-of-Existence）表。

在这些情况下，通过作为“治理即服务”计划的一部分进行谈判而达成的其他交易，推荐人同样会保持一定百分比的佣金。

治理库（ggovernance vault）：

Governor销售团队建立了吸引所有社区成员获取有实际收入（meaningful earnings,）的能力，但是剩余收益（remaining earnings）如何处理呢？代币持有者拥有自己的Governor金库和所产生的收入，但是所有权链接需要形式化，以便代币持有者可以根据自己的最佳判断来使用。此外，GDAO治理库可以实现项目资金的正式所有权（formal ownership），以及采用更细致入微的方式进行收益分享的能力，例如为治理库参与者回购GDAO代币。

治理库的操作与其他项目（例如Sushi和xSushi）类似。 参与者存入GDAO并收到相关金额的xGDAO（股票名称待定）。在发布时，1 GDAO = 1 xGDAO。每次从累积收入中回购GDAO时，都会将其发送到治理库，并自动分配给当前所有xGDAO持有者。这增加了xGDAO的潜在GDAO价值，因此，只要发生回购，储户的GDAO也会不断累加。xGDAO只在潜在的GDAO价值方面上升，不会下降，并且用户可以随时用xGDAO兑换基础GDAO。此外，代币持有者将投票决定指定用于回购的收入百分比，回购频率调整等等。

合约所有权移交Contract Ownership Handoff：

除收益分成外，治理库还提供了两个新功能。

1.  可以在xGDAO中进行投票，这表明用户不再需出售其GDAO以赚取收益或持有以保证投票权之间做决定。

2.  将分配管理角色和合约所有权交给治理库。

随着时间的流逝，Governor DAO团队计划为治理库合约提供更多的控股权和行政责任。这样一来，会将这些权限交还给xGDAO所有者。最终，将没有行政多重签名钱包（administrative multisignature wallets ）或其他方式：所有这些都将由治理库完全控制。

四、GovernorDAO 激励机制

GDAO代币：

代币分配

GDAO令牌授予DAO的投票权和金库所有权。不限制对于GDAO持有人如何分配金库资金超出部分所需的共识。投票权遍及内部治理的各个方面。此外，GDAO代币持有人可以利用他们的代币作为代理投票，解决Governor金库持有的任何第三方治理代币的治理问题，包括AAVE，SNX，UNI和YFI。GDAO 是固定供应、可燃烧的ERC20的代币。合约部署时创造了总供应量为3,000,000 的GDAO，并且没有创造机制可以铸造额外的代币。具有一个内部燃烧（ internal burn）功能，可以调用它来永久销毁代币，从而使GDAO通缩。

GDAO代币分配如下：

l 41％的空投。

l 40％的养殖池。

l 14％的DAO储备金。

l 5％的J流动性生成事件

2.   合成LP

sLP代币是一种完全可流动的erc20令牌，可以将其转移到其他地址，在Uniswap上与ETH合并作为流动资金，可以通过Deversifi或其他方式场外出售，等。

3.   流动性生成事件(LGE)

筹集并发行了300 ETH作为流动资金以及150,000 GDAO代币（500 GDAO：1 ETH）。参与者收到合成LP（sLP）令牌，该令牌显示了可信赖的Uniswap GDAO-ETH LP令牌的1：1所有权。当农场上线时，sLP持有者能够将sLP发送至swap contract 上，以1：1的比例接收实际的LP代币。LGE的制定旨在奖励参与者（不会将ETH换成GDAO）并锁定足够的初始流动性，直到农场进一步激励流通资金提供者。该活动于2020年11月16日开始，历时约30分钟。

4.   激励参与

也许DAO面临的最大困境—几乎是单方面的—高参与门槛。.Governor对社区治理的态度强调所有人都可以参与-确保所有参与者都可以轻松访问。当然， Governor有不同的参与级别：开发人员团队负责构建项目的各个组成部分，富有热情的社区成员起草建议书并参与竞赛，在市场营销，业务发展等方面辅助支持。此外，非正式社区成员可以通过参与激励性微任务（microtasks）项目获得重视。从长远来看，这将作为单独的Governor App或dApp用于参与者设备来收集微数据，并为参与者提供直接轻松访问所有Governor界面，产品和服务。这看起来像是Wix（轻量级社交应用程序）的扩展。参与这些任务会获得积分，这有助于建立一个级别/等级系统。最终，这些获得的积分和达到的级别将转化为奖励：GDAO代币，NFT，平台特权等等。

Wix是一种功能强大的工具，可用于建立一个参与度高的社区，其任务非常简单，例如在项目上发布推文，邀请朋友，参加论坛等等。

除此之外，还可以利用任务和对任务数据收集：反映市场情绪，加密货币背景，交易趋势等的简短调查。所有数据收集都是选择性的并且100％是自愿的。从社区成员那里收集的数据将被整理成数据包/报告，可以通过Ocean的数据市场平台出售（也可以用于其他容器）。

Ocean尚未建立强大的数据库，使Governor DAO在市场上享有独特的理想地位。目前，与Governor DAO项目功能相似的数据包在Ocean上每次购买的费用在数千美元内。最终，这是利用整个社区贡献的力量：

通过数据收集或其他方式，在所有相关人员的帮助下实现可观的收入，将发挥权威数据整合（ data aggregators）和可信数据库（Data pools）的潜在作用。到目前为止，海量数据方的真实性存在争议。

利用激励生态系统可以使项目长期增长和完善，同时为成员提供一种协作和有意义的方式参与的渠道，这对整个社区都是有益的。

5.   Governor NFT

2021年3月31日，GovernorDAO放弃了其GovernorNFT，这些NFT表示其隶属GovernorDAO独家支持者。这种成员身份带来了独有特权，这些特权会随着项目的不断发展和扩展而转化为长期价值。每个NFT都为 Governor生态系统中的用户收入增加了“收益”：

职员：+ 5％

代表人：+ 10％

委员会：+ 15％

Governor：+ 20％

这些奖励叠加（即：持有委员会和议员转化为+ 25％的提升），但是同一NFT的多个版本不会增加奖励。

互换或购买：

当然，The catch-22的问题是，是否购买NFT或是将LOYAL换回GDAO。需要注意的是，鉴于空投的总数限制，将有总计约78,000 GDAO可兑换为LOYAL。此外，在NFT销售后，将确定GDAO / LOYAL的比率。如果有更多的人购买NFT，则剩余的LOYAL会减少，因此每LOYAL的GDAO的比率会更高。换句话说，购买大量NFT意味着LOYAL值得更多的GDAO，因此这些NFT的成本更高。 而销量减少，LOYAL 价值降低，购买价格会便宜。观察参与者的反应并建立NFT交换和GDAO赎回之间的均衡率很有意思。

五、合约地址

六、更多信息

官网: https://governordao.org/

社交媒体:

Twitter: https://twitter.com/Governor_DAO

Telegram: https://t.me/GovernorProject

Discord: https://discord.com/invite/5UKw3BC

LinkedIn: https://www.linkedin.com/company/governordao

Medium: https://dunk.medium.com/

Github: https://github.com/zhhuffman/Governor

GATE.io: https://www.gateio.pro/trade/GDAO_ETH

Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x515d7e9d75e2b76db60f8a051cd890eba23286bc

Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0x4d184bf6f805ee839517164d301f0c4e5d25c374

Youtube: https://www.youtube.com/channel/UCfDi8WDdEYEQCJpS2fU_JDg

BlockExplorer:https://etherscan.io/token/0x515d7E9D75E2b76DB60F8a051Cd890eBa23286Bc

GovenorDAO：Govenor as a services

DAOrayaki DAO Research Grant

Fund Address:

0xCd7da526f5C943126fa9E6f63b7774fA89E88d71

Voting Result：DAO Committee Yes

Grant Amount：70 USDC

Category: DAO, GovenorDAO, Govenor as a services（GaaS）, Liquidity Generation Event (LGE), synthetic LP (sLP), farms tax

Contributor：Jones @Daorayaki, 朱莉白@Daorayaki

Founded: The Governor DAO project has been found in 2020.

Financing:

GDAO current price: $2.08USD.

Governor DAO current volume: $2,46MUSD.

Token name: The Governor DAO token launched out under the name GDAO.

Token type: GDAO token issued under the standard protocol ERC20.

I  Introduction

Governor DAO is a blockchain project with core values that surround Governance as a Service and implementing DAOs within businesses or projects. This project came out after the failure of BREE, where all resources were purged after exploiting a backdoor in the Synthetic Bree (SBREE) token contract leading to the original sale funds to be vanished for good, this latter encouraged the dev team to come up with GovernorDAO as a moving forward step towards a community concept.

II  Team members

·Zane huffman A.K.A “Green Jeff”: Chief Finance Officer & Solidity Engineer.

Zane has 8 years’ experience in cryptocurrency with a resume that spans numerous projects, news outlets, and agencies throughout the space. Outside of Governor DAO, Zane works as a core team member in a top DeFi protocol. His Governor DAO responsibilities include smart contract development, project planning, BizDev, and communications.

·Cody Dyer A.K.A “Dyer”: Head of Business Development & Chief Data Scientist.

Cody is a passionate DeFi connoisseur with over seven years of experience networking, trading & building within the blockchain ecosystem. His diverse knowledge of the space and dedication to the success of Governor DAO and the CBDAO Unrug Initative with his Data Aggregation Campaign, Biometric Authentication PoE Token concept and Team Building has proved an invaluable resource to the early stages of the projects development.

·Michael Side A.K.A “SideWinder”: Internal Communications Lead & Project Manager.

Michael is known in the community as SideWinder but in the real-world Michael Side, gifted with providing over 25 years of expertise and knowledge in many areas including software delivery pipelines, infrastructure support, project management and generally an all-rounder with many technical hats. SideWinder is a dedicated member of the team who maintains momentum overlooking current and new initiatives steering into a sustainable workflow which can be planned, prioritised and resourced in order for Governor DAO LLC to evolve organically.

·Britton Wolf “Britton”: Chief Political Stratigist.

Britton is the founder of Prime Investing and a youtuber. In addition to his work in the crypto-community, Britton is a Political Consultant with experience on over 34 campaigns at the local, state, and federal level. Britton is excited to take his passion for cryptocurrency and his extensive experience in the political process to promote Governor DAO and pro-crypto legislation. Governance-as-a-service is an untapped niche and he is looking forward to the future of this groundbreaking project.

·Jon Greenwood “JonG”: Head of Communications & Community Liaison.

Jon Greenwood - known as jgr33nwood in the community. His work within Governor includes communications with different partners and working with the team in an integrations role. He also serves as a business advisor for internal operations.

·Justin Sikes “BTCThiccc”: Lead Graphic Designer.

Justin is a talented graphic designer with years of experience bringing imagination to life. As a dedicated member of Governor DAO, Justin's work and art has helped eyes across the globe understand the Governor DAO vision. He is known under Thiccc or BTClookingExtraThiccc in the community.

·Angel Ramos “Uplift”: Head of Digital Medias.

Angel has been involved in the Information Technology space for 17 years with experience in multiple roles ranging from hardware to graphics design, Angel also has experience with graphics design and video editing for content creation on the Youtube platform for 6 years as a hobby. With strong influence that form must dance well with function Angel has helped the team with UI/UX Design and various other graphics and media content creation.

·Soheil Saadati “Sohilo”: Frontend Engineer.

Soheil, known as Sohilo to the wider community, and established dedicated member of the team who has contributed to building Governor DAO from the ground up. Responsible for architecting then integrating the many frontend infrastructure solutions specialising in many areas of expertise including react, javascript, web3 and an all-rounder in web development. Sohilo plays a key role keeping the lights on at the hub of Governor DAO to ensure services are always available to the community.

III The Governor DAO governance  mechanisms

Governance-as-a-Service (GaaS):

The aforementioned inherent complications within the infrastructure of DAOs positions Governor DAO as a pioneer in the unfilled niche of Governance-as-a-Service (GaaS). At the highest level, GaaS refers to the process of leveraging our own merits and technology to bootstrap third party projects. Immediately, this materializes in the form of consulting ‐ working with new projects to port some of our techniques (airdrops, LGE, taxed farms, etc.) so they can position themselves for success at launch. Additionally, this can evolve and take on the form of an even more comprehensive Unrug-as-aService package: working with communities that underwent similar exit scams as our own and 7 helping them to pick up the pieces following the same or similar steps in which Governor DAO has taken.

Ultimately, Governance-as-a-Service is a full-fledged governance bootstrap program: utilizing our own highly engaged community to guarantee fair and active participation into governance of third-party DAOs on launch day. This takes the form of an allocation to the Governor treasury and/or an airdrop to GDAO holders (perhaps filtered by addresses recognized as “active voters). Initially, the buildout of Governor DAO will prove the enthusiasm of our immediate community that may be desired by other projects.

Beyond that, governance tokens accumulated to the treasury by the GDAO farm taxes (YFI, UNI, SNX, and AAVE) serve as a proof-of-concept for the ability to govern other projects. These tokens were chosen as a test group to utilize for voting and proposal creation directly from the Governor treasury, as dictated by GDAO holders. Upon the successful utilization of these tokens as active participants in governance of their respective platforms, Governor DAO shall provide the same service for other platforms as part of the Governance-as-a-Service package.

Liquidity Generation Event (LGE):

Due to the needs of liquidity, for GDAO token, Governor DAO introduced Liquidity Generation Event designed to reward participants and ensure proper liquidity. Moreover, the LGE will be exclusive to addresses that held, staked, or LP’ed BREE at the time of the rug pull and carry a cap of 25 ETH per address, where the hardcap is 300 ETH (~$120,000). If the hard cap is not met, it may open up to the public at a slight markup. It will operate as follows:

1. Participants send ETH to the LGE address. Non-whitelisted payments are bounced and returned to senders.
2. If the hardcap has not been met, the whitelist will be nullified and anyone may participate. Thus, a slight markup is redistributed to whitelist participants.
3. When the hardcap is achieved, or at the conclusion of the event, 100% of ETH raised is posted as liquidity on Uniswap alongside GDAO at a price of 0.002 ETH (~$0.80). This translates to roughly $240,000 of initial liquidity.
4. Participants will receive a synthetic LP token that corresponds to the amount of GDAO-ETH LP tokens they are responsible for. They can trade or transfer this synthetic token as they choose.
5. Synthetic LP token holders will be able to burn their tokens into a swap contract to receive the corresponding number of GDAO-ETH LP tokens.

Governor Salesforce:

The first product of Governor DAO the “Proof-of-Existence registry”, will formalize this commission in code. Here’s how it works.

1. After our successful, internal Proof-of-Concept, we will introduce the production-ready Proof-of-Existence token and market it as the global whitelist of provably unique users.
2. Registration will be coded into a smart contract and sold along a bonding curve: early users get a cheaper rate and later users pay more. The intention is that an industry standard address whitelist will be utilized for the likes of airdrops and other earning opportunities. As such, the bigger the list and more widespread its adoption, the more value of being registered increases.
3. Whenever a user signs up and pays to authenticate, they will be prompted to input a referral address. If a referral is entered, the referrer will automatically receive their split of the profit.

Additionally, ownership of Governor NFTs will further boost that profit split. The boosts for NFT holders will similarly, automatically increase commission rates. If someone holds one of each NFT, they get a 1.5x boost on that referral payment.

Governor DAO also offers bulk sign ups that projects can purchase and forked Proof-of-Existence registries for projects that want their own, unique token. In these cases, as well as through other deals negotiated as part of our Governance-as-a-Service package, referrals similarly keep a percent commission.

Governance Vault:

Governor Sales Force establishes the ability to engage all community members for meaningful earnings, but what about the remaining earnings? Token holders do own the Governor treasury and revenue generated, but the ownership link needs to be formalized so token holders can use it as per their best discretion. Moreover, the GDAO Governance Vault enables this formal ownership of project funds as well as the ability for more nuanced approaches to revenue sharing, such as buyback of GDAO tokens for vault participants.

The Governance Vault operates similarly to other projects (such as Sushi and xSushi). participants deposit GDAO and receive an associated amount of xGDAO (ticker name pending). At launch, 1 GDAO = 1 xGDAO. Every time GDAO is bought back from accumulated revenue, it is sent to the Governance Vault and automatically distributed among all current xGDAO holders. This increases the underlying GDAO value of xGDAO, so depositors will always passively accumulate more GDAO so long as buybacks occur. xGDAO can only go up in terms of underlying GDAO value, never down, and users can redeem xGDAO for the underlying GDAO at any point. Additionally, token holders will vote to adjust the rates in terms of % of revenue designated for buyback, frequency of buybacks, and so on.

Contract Ownership Handoff:

Beyond revenue share, the Governance Vault enables two new functionalities.

1. Voting can now take place in xGDAO, indicating that users no longer will have to make a decision between parking their GDAO to earn yield or holding to maintain voting weight.
2. Assign admin roles and contract ownership to the Governance Vault itself.

With the time passing, Governor DAO team plan to provide more and more ownership control and administrative responsibilities to the Governance Vault contract. In doing so, they’re relinquishing these permissions back to the xGDAO holders themselves. Ultimately, there will be no administrative multisig wallets or otherwise: all will be wholly controlled by the Governance Vault.

IV The Governor DAO  incentive mechanisms

GDAO Token:

Overview and Token Distribution:

The GDAO token grants voting rights in the DAO and ownership of the treasury. There are no limitations to how GDAO holders allocate treasury funds beyond the required consensus. Voting privileges extend through all matters of internal governance. Additionally, GDAO token holders may leverage their tokens as proxy voters on governance issues across any of the third-party governance tokens held by the Governor treasury, including AAVE, SNX, UNI, and YFI. GDAO is a fixed supply, burnable ERC20 token. The total supply of 3,000,000 GDAO was minted at contract deployment, and there is no mechanism to mint additional tokens. There is an internal burn function which may be called to permanently destroy tokens, making GDAO deflationary.

The GDAO token distribution is as follow:

• 41% Airdrop.
• 40% Farming pools.
• 14% DAO reserves.
• 5% Liquidity generation event.

Synthetic LP:

The sLP token is a fully liquid erc20 token that can be transferred to other addresses, pooled with ETH as liquidity on Uniswap, sold over-the-counter through Deversifi or otherwise, and so on.

Liquidity Generation Event (LGE):

300 ETH was raised and posted as liquidity alongside 150,000 GDAO tokens (500 GDAO:1 ETH). Participants received a synthetic LP (sLP) token that reflects 1:1 ownership of genuine Uniswap GDAO-ETH LP tokens. When the farms go live, sLP holders will be able to send their sLP to a swap contract to receive the real LP tokens 1:1. The LGE was enacted in such a way as to reward participants (didn’t swap ETH for GDAO) and lock sufficient initial liquidity until liquidity providers are further incentivized by the farms. The event commenced on November 16th, 2020 and filled out in roughly thirty minutes.

Incentivized Participation:

Perhaps the greatest dilemma DAOs face – almost unilaterally – is a higher barrier to entry for participation. Governor’s approach to community governance emphasizes incentivized participation that is accessible to all – ensuring ease of access for all participants. Of course, there is different levels of participation in Governor: the developer team building out various components of the project, passionate community members drafting proposals and participating in competitions, auxiliary support, in way of marketing, business development, and so on. Additionally, casual community members are equally emphasized through an engagement program for incentivized microtasks. Long-term this will come as an individual Governor App or dApp for participants devices to collect micro-data and provide participants with direct Ease of Access to all Governor interfaces, products, and services. Immediately, this looks like a buildout on Wix, a lightweight social application. Participation in these tasks yields points, which contributes to a level/tier system. Ultimately, these points earned, and levels achieved translate to prizes: GDAO tokens, NFTs, platform privileges, and so on.

Wix is a powerful tool for building out an engaged community with tasks as simple as tweeting about the project, inviting friends, participating in the forums, and so on. Beyond that, assignments and quests can be leveraged for data collection: short surveys reflecting market sentiment, background in crypto, trading tendencies, and so on. All data collection is opt-in and 100% voluntary. The data collected from community members will be compiled into data packages/reports that can be sold via Ocean’s Data Marketplace (and can be additionally leveraged in other capacities). Ocean has not yet built out a robust library of data sets, which puts Governor DAO in a uniquely desirable position to play an authoritative role in the marketplace. Similar data packages to the Governor DAO project’s capabilities are currently priced on Ocean in the range of thousands of dollars per purchase. Ultimately, this is the power of leveraging the contributions of the entire community: through data collection or otherwise, achieving significant revenue generation through the help of everyone involved which would open up the potential roles of authoritative data aggregators and trusted Data pools. Whereas the integrity of mass data hosts, as of now, is predominately contentious at best. Leveraging an incentivized ecosystem enables long-term growth and maturity for a project, meanwhile providing an avenue through which members may engage in collaborative and meaningful ways   is beneficial to the entire community.

Governor NFT:

On March 31, 2021 Governor DAO had dropped its governor NFTs where these NFTs signify membership to the exclusive group of original Governor DAO supporters. With this membership comes exclusive perks and privileges that translate to long-term value as the project continues to grow and scale.

Each NFT adds a “boost” to an individual’s earnings in the Governor ecosystem:

Staffer: +5%

Representative: +10%

Council: +15%

Governor: +20%

These rewards stack (ie: holding Counil and Representative translates to +25% boost) but multiple editions of the same NFT does not multiply rewards.

Swap or Buy:

The catch-22, of course, is whether to buy NFTs or swap LOYAL back for GDAO. Important to note that, given the sum of unclaimed airdrops, there will be a total of ~78,000 GDAO swappable for LOYAL. Moreover, the ratio of GDAO/LOYAL will be established after the NFT sales take place. If more people purchase the NFTs, there is less LOYAL remaining and therefore a higher rate of GDAO per LOYAL. In other words, higher volume of NFT purchases means LOYAL is worth more GDAO and therefore a higher cost to these NFTs. With less sales, LOYAL is worth less and purchases are cheaper. It will be interesting to see how participants react and establish the equilibrium rate between the NFT swap and GDAO redemption.

V Contracts

VI  Contact information

Official Website: https://governordao.org/

Social Media:

Twitter: https://twitter.com/Governor_DAO

Telegram: https://t.me/GovernorProject

Discord: https://discord.com/invite/5UKw3BC

LinkedIn: https://www.linkedin.com/company/governordao

Medium: https://dunk.medium.com/

Github: https://github.com/zhhuffman/Governor

GATE.io: https://www.gateio.pro/trade/GDAO_ETH

Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x515d7e9d75e2b76db60f8a051cd890eba23286bc

Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0x4d184bf6f805ee839517164d301f0c4e5d25c374

Youtube: https://www.youtube.com/channel/UCfDi8WDdEYEQCJpS2fU_JDg

Block Explorer: https://etherscan.io/token/0x515d7E9D75E2b76DB60F8a051Cd890eBa23286Bc

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