3. Adding a DAO

A real smart contract governed DAO, not just a meme

Every SAFU token can integrate a DAO into its token design. This DAO can own a pre-minted supply equal to that 30% of the minted supply. The DAO consists of a simple smart contract that enables a vote to decide to send a number of tokens to the proposed wallet.

All DAOs need at least 20% of the total supply to pass a proposal. This provides a certain degree of safety for its users that the team will not use these tokens for themselves. DAOs are only available to static token models. Choosing an Inflation model will prevent the creator from choosing a DAO.

Proposal Requirement: Minimum number of tokens a user needs to hold to set a proposal, measured as a % of the total supply.

DAO Pre-mint Treasury: Amount of tokens that the DAO treasury will own from TGE onward, measured as a percent of preminted supply. The DAO cannot own more than 30% of sold softcap supply.

Example:

Softcap of 200,000 BUSD

Price per token: $0.1 BUSD

Minted tokens: 2,000,000 SAMPL

DAO can mint up to 600,000 SAMPL or less

DAO interface:

V1 of SAFU.io will use Tally.xyz a DAO governance interface.

Tally allows for treasury management and delegation of votes. In the next version of SAFU.io all governance interfaces will be internalized.