Introducing SHO Yield
Generating strong holding incentives. Important Update please Read.
Over the past 2 months, DAO Maker has undergone significant changes. We terminated our previous staking contracts and replaced them with a non-custodial solution in order to provide us with time to redesign and build a secure, scalable, and efficient system that will be usable for many years to come.
TL;DR
- DAO generates over 400% APR for users yet people do not have to stake tokens.
- Users will be required to hold all of their DAO tokens required to maintain their tranche in order to receive future SHO unlocks.
- Unlocks of users that do not hold their DAO go to Venture Farming Pot.
- Venture Yield Model will be detailed in the next article.
After carefully reviewing the Data of the past 3 months’ launches on our platform, we designed the optimal game theory staking model to generate a fair distribution model for both the existing Strong Holder Offerings, as well as the new Venture Yield feature.
Over the past 6 months, DAO SHOs have provided an average of 230% non-inflationary yield to participants of our platform. This metric is currently about 800% above the industry average. After looking into the data more carefully we investigated and learned how to vastly improve the system for all holders of the $DAO token.
Effective immediately forthwith all future SHOs users are required to hold their entire DAO position in their respective winning wallet or in near future in the DAO staking contracts. The majority of participants will only be affected positively by this change as 60% of participants hold their tokens long-term and are true Strong Holders. Vested Tokens of people that sell their DAO before the end of the vesting period will go to the Venture Yield Pot and be distributed among all stakers. We believe that these changes will have a tremendously positive impact on our Long- Term Community.
Venture Farming Data Proof: https://docs.google.com/spreadsheets/d/19kSb-W3pQK4JEmBj52AxXJNNZed_vgYyD4T_3tqnzRM/edit#gid=2128967686
As shown here, $DAO has some of the highest levels of net inflows of new wallets and participants. What we were not aware of is that the net outflow is almost identical.
The reason for this is simple: people are able to claim their entire Venture Yield in the first moment and then proceed with selling their DAO tokens instantly as they have no further incentive, generating stagnation as well as contributing to an unfair system towards the long term Strong Holders of DAO.
Generating Strong Incentives for long-term Strong Holders:
DAO offers premium start-ups at VC round valuations as a loyalty program to our holders, yet people were not required to actually hold for a specified period — a flaw in the program. According to our statistics, around 40% of all participants sold their DAO tokens after winning a SHO.
Effective immediately forthwith all future SHOs users are required to hold their entire DAO position required to maintain their SHO Tranche in their respective winning wallet or in near future in the DAO staking contracts, in order to receive their future unlocks of SHOs.
The majority of participants will only be affected positively by this change as 60% of participants hold their tokens long-term and are true Strong Holders. Future unlocked SHO reward tokens from users that move tokens out of their wallets will go to the Venture Yield rewards and be distributed among all stakers. The exact details of Venture Yield will be announced in the following article. We believe these changes will have a tremendously positive impact on our Long- Term Community.
Historic Data of Venture Farmers:
Introduction to Venture Yield:
The reason why we require stakers to retain their DAO holdings is explained in the upcoming article giving a fully detailed explanation of our Venture Yield Staking Game Theory and model that we have been working on over the past 2 months and are currently undergoing audits on BSC & Ethereum.
The Venture Yield model will offer users the option to decide how long they want to stake their tokens. Longer locks will provide increased SHO winning chances and Venture Yield Rewards. More about that in the next article.
