Cult DAO is a Venture DAO fully owned by the community. Cult DAO benefits token holders and stakers in the ecosystem through investment based on community voting and strong deflation mechanism.
$CULT and $dCULT Governance: Token holders can vote on proposals that affect the DAO's decision-making process. Taxation: The DAO can impose fees or taxes on transactions to generate revenue for the organization. Returns: Token holders can receive returns on their investment in the DAO, based on its performance. Staking: Token holders can stake their tokens to earn rewards or influence the DAO's decision-making process.
Return Expectation: Token holders believe burning $CULT and investment returns will increase token value. Governance Participation: Stakers vote on investment decisions, while Guardians propose decisions and have stronger incentives to hold $CULT.
Cult DAO solves the problems of high barriers to entry and centralized decision-making mechanisms, providing community members with a low-threshold group decision-making investment platform.
Value accrual to token: $CULT token captures value through burning tokens and redistributing benefits to holders, allowing for increased scarcity and potential appreciation in value. Value accrual to the protocol: No value is directly accrued to the Cult DAO protocol treasury.
The business model for Cult DAO: Revenue comes from: 0.4% tax on every transaction on-chain Revenue is denominated in: $CULT Revenue goes to: approved investment proposals, burnt tokens, and stakers in $CULT. Half of the investment return was burnt in $CULT, and the other half was distributed to stakers.
|Problems & Solutions
Problem: The current centralized investment system lacks transparency and inclusivity, leaving many investors with limited say and control over their investments. Solution: Cult DAO offers a decentralized alternative where community members have equal voting power in investment decisions. With a deflation mechanism in place, token holders and stakers benefit from a sustainable and inclusive ecosystem.
... coming soon
Presale On Unicrypt
Staking and Protocol app goes live
An ecosystem protocol to support revolutionary behavior in reality