Announcing Imperio DAO: The World’s First Metaverse REIT
Imperio DAO: What is it?
Imperio DAO is a decentralized reserve currency protocol available on the Avalanche Network based on the $IMPR token. Each $IMPR token is backed by a basket of metaverse real estate in the Imperio treasury, giving it an intrinsic value that it cannot fall below. Imperio also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.
What is the point of Imperio DAO?
Our goal is to build a policy-controlled currency system, in which the behavior of the $IMPR token is controlled at a high level by the DAO. In the long term, we believe this system can be used to optimize for stability and consistency so that $IMPR can function as a global unit-of-account and medium-of-exchange currency. In the short term, we intend to optimize the system for growth and immense wealth creation.
We intend to achieve price flatness for a representative basket of goods without the use of fiat currency, in order to allow the cryptocurrency industry to detach once and for all from the traditional finance world.
Presale, security and a word on the future:
Imperio DAO will have a limited access presale to create liquidity and to grow the treasury. Presale access will be based on a whitelist. The Community is able to get whitelisted by interacting with the Imperio DAO twitter account. During the presale, the maximum amount of $IMPR whitelisted members will be able to purchase will depend on their whitelist tier (see second medium article for more details).
Imperio DAO is well aware that the Community is concerned around both the safety and stability of the project. Imperio DAO has closely monitored the alarmingly growing rate of scam projects that have recently launched. To build trust, Imperio DAO’s presale contract will be made public prior to the beginning of the presale. Furthermore, liquidity will remain locked until Imperio DAO has officially launched. Lastly, both anti-bot and anti-whale measures will be taken.
In order to ensure the longevity of the project, treasury assets will be invested only in safe and stable metaverse real estate. Imperio DAO will provide massive APY at launch to reward our community. APY will then by managed by the protocol to sustainable levels.
How can I participate in Imperio DAO?
There are two main strategies for market participants: staking and minting. Stakers stake their $IMPR tokens in return for $EXP tokens (exchange rate 1 $EXP = 1 $IMPR), while minters provide LP tokens or MIM tokens in exchange for discounted $IMPR tokens after a fixed vesting period. Stakers can unstake $EXP in exchange for $IMPR.
How can I benefit from Imperio DAO?
The main benefit for stakers comes from supply growth. The protocol mints new $IMPR tokens from the treasury, the majority of which are distributed to the stakers. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit.
The main benefit for minters comes from price consistency. Minters commit capital upfront and are promised a fixed return at a set point in time; that return is given in $IMPR tokens and thus the minter’s profit would depend on $IMPR’s price when the minted $IMPR matures. Taking this into consideration, minters benefit from a rising or static price for the $IMPR token.
What is a metaverse REIT?
Google’s definition of a real estate investment trust (REIT) is as follows: a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests.
A metaverse REIT is very similar. Treasury assets will be used to purchase various metaverse real estate from safe and stable projects. These assets will generate cashflow, which will then be distributed to token holders.
Source: Business Insider
Who created Imperio DAO?
Imperio DAO is a fork of Olympus on the Avalanche Network. Imperio DAO is the brainchild of a core team of software engineers and DeFi innovators. Our team is anonymous, born from the DeFi community. We aim at becoming a Decentralized Autonomous Organization, and we are actively working towards that goal.
Who runs Imperio DAO?
We operate off of a DAO-governed model.
We will introduce snapshot voting soon after launch. All account holders will be allowed to create proposals and vote.
Do you have a Discord?
The official Imperio DAO Discord will be posted on our twitter account.
