GolduckDAO Tokenomics Overview
GolduckDAO aims to create a transparent and community-driven multi-chain token that supports and develops blockchain projects across Ethereum, Polygon, Binance Smart Chain, and Metis Andromeda. Tokenomics – the economic framework of the token – plays a vital role in determining its success, sustainability, and growth. Below is an overview of key elements that make up the tokenomics of GolduckDAO.
- 1.Total Supply and Allocation
GolduckDAO will have an initial combined total supply of 400 million tokens, with 100 million tokens available on each chain. The token allocation is as follows:
- 20% for IDO on Goldx for Golduck adoption
- 15% for staking and yield farming rewards
- 30% for multi-sig treasury
- 15% for team and advisors
- 5% for marketing and community growth
- 5% for partnerships and collaborations
- 10% for Managed Treasury
- 2.Token Utility
The GolduckDAO token will serve various purposes in the ecosystem, including:
- Governance and voting on project proposals, resource allocation, and platform upgrades
- Staking and yield farming rewards for token holders
- Buyback and burn mechanisms to maintain token value
- Funding blockchain projects and providing liquidity
- DCA Rewards
- Managed Treasury for Diversification and Appreciation of Assets
- 3.Revenue Model
GolduckDAO’s revenue model consists of generating income through the development of quality projects on all four chains, token swap capabilities, and community governance. The revenue generated will be sent to the multi-sig treasury and distributed to token holders.
- 4.Governance and Community Engagement
Token holders will actively participate in the governance of GolduckDAO, voting on project proposals and resource allocation. Phased governance ensures an increasing level of decentralization, engaging the community and ensuring fair decision-making processes.
- 5.Initial Distribution Offering (IDO) and Token Sale
GolduckDAO tokens will be initially offered through a discounted IDO platform on GOLDX, allowing i investors to purchase tokens at a 10% discount, with an additional 10% bonus locked for 90 days.
- 6.Staking and Yield Farming
Token holders can stake or participate in yield farming activities, earning rewards proportional to their holdings. This incentivizes investors to hold the token and actively participate in the ecosystem’s growth.
- 7.Sustainability and Growth
GolduckDAO's tokenomics is designed to ensure the long-term success and growth of the organization. By strategically partnering with and investing in promising projects, the platform creates win-win situations at the benefit of all parties involved. Furthermore, continual engagement and growth of the community ensure increased participation in the decision-making process, fostering a sustainable and thriving ecosystem.
Users can buy GolduckDAO tokens at discounted price on Goldx platform.
GolduckDAO Token Address: