How It Works
1. Fundraise
Creators have 1 week to fundraise the desired SOL amount. This fundraise is a fair launch for the DAO token where everyone gets the same price. Creators choose who to invite to the Party Round. You might get an invite link on their Telegram, X, or other communities.
2. Trading (Fundraise successful)
Once fundraise is over, creators take charge of 90% of SOL to invest on their favorite Solana protocols, and the token goes public on an AMM with 10% of fundraised SOL. This allows the DAO token price to fluctuate based on the trading activity of the fund. Once launched, you can sell your DAO tokens anytime, because the pool liquidity is locked on DAOS.FUN pool.
3. Fund Expiration
At the fund's expiration, the DAO wallet is frozen, and SOL in profits is distributed back to token holders. You can burn your DAO tokens to redeem the DAO's underlying assets, or simply sell it on the curve anytime.
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