Introducing Farms: Stake DAOs for whitelist ๐งโ๐พ
We have a devised a fair and programmatic way to potentially earn WL for upcoming launches. In our new Farms page, you can stake any of the 4 DAO tokens to earn Daos World Whitelist Token ($DWL). Burning these tokens give you a chance to earn a guaranteed WL! Stake now here: https://t.co/uLgotUugwa
First a disclaimer: DWL is NOT the https://t.co/J8XEaI2bwE governance token or platform token. It has NO inherent market value, do NOT ape it. We have NO official governance token โ ๏ธ.
That being said, here are the technical details:
We are allocating 15 DWL tokens for stakers of the 4 DAO ($AISTR, $AR, $ALCH, $FDREAM) tokens over the next two weeks. Emissions happen on a pro rata, linear basis - if I stake twice the number of DAO tokens as you, I will earn twice as much DWL as you. You can withdraw your DAO tokens and claim your rewards at any time - no lockups or vesting. $DWL gets emitted every block.
You can burn 1 DWL token to earn 1 guaranteed WL (burning UI yet to be made.) If you burn less than 1 DWL token, you are entered into a weighted raffle to earn whitelist. For example, if Alice burns 0.6 DWL and Bob burns 0.4 DWL, then Alice will have a 60% chance to earn a whitelist while Bob has a 40% chance.
Note that these whitelist tokens are NOT meant to serve as the primarily utility of the 4 DAO tokens. Each DAO has their own unique purpose and mandate they wish to achieve. These DWL tokens are simply a small bonus used to reward holders of DAO tokens and encourage future participation in DAO launches.
This is a highly experimental farm and we encourage everyone to educate themselves prior and deposit at their own risk. We are tokenizing one of Base's most scarce and valuable assets: the Daos World Whitelist. Welcome to a new era of defi.
Last couple of WLs has been worth 5e at launch. Obviously more if you've held...and there's now even more reason to hold your tokens instead of dumping at launch.
investment daos are back. $FDREAM just raised 166k and hit 6.5M fdv
40x for early moves
proprietary ai algos picking investments across ai sector caps.