Technical Details: Base

1min
πŸ’Ύ treasury custody funds stored in a base smart contract owner of the dao has free reign to do as they wish with these funds they could buy nfts, invest in defi, or bridge them cross chain πŸ”„ dex trading dao tokens trade on uniswap v3 πŸ”’ liquidity lock the uniswap v3 lp nft is locked until fund expiry ⚠️ emergency hatch if an issue is found before uniswap pools go live, fundraising can be paused and funds refunded tokenomics there is an initial supply of 1b tokens the dao manager then chooses some percentage of this 1b to get added to one sided univ3 liq, usually between 10 20% the remaining of this 1b gets distributed pro rata to fundraisers optionally, an additional arbitrary amount of supply may be minted to the team/treasury after this for free full range liquidity option instead of single sided liquidity, you can opt to use some of the eth raised to have full range liquidity instead this helps when market price drops below your eth raised (the starting price), so there is still liquidity for people to sell optional treasury snipe your dao may choose to snipe some of its own tokens using the treasury they will get the first buy public round and tiers usually everyone gets the same price for the presale, with the initial mcap set to the amount of funds raised however, on our base contracts we have the option to set different 'tier levels' you could choose to do a public sale component where they get in at twice the worse price of whitelisters for example fund expiry at fund expiry (which the dao manager can extend indefinitely), funds will be redistributed pro rata to dao token holders it will be an airdrop based on a snapshot mechanism by default, fund expiry is set to 6 months after fund expiry, the liquidity then belongs to the dao manager and all thus all its fees will go to the dao manager whitelisting ux for dao manager whitelisting is added via a simple form on our ui you paste in a list of whitelisted addresses for the current tier whitelisting occurs in tiers/phases, starting from highest allo to lowest allo example start phase 1 at 1e, whitelist 10 addresses only these 10 can contribute max 1e lower tier to 0 1e and add 100 addresses, then these next 100 addresses can add 0 1e max if you miss your tier, you can deposit later in the lower tier at the lower amount daos world admin will change the tiers for you, and they can add whitelisters themself too tax token (optional) optionally, you can create a "tax token" version of your dao, ie a 5/5 tax token this means every buy and sell incurs a 5% fee platform fee for regular (non tax) daos on base, we now have a 3% fee on the funds raised this is used to support on going development work for the daos world platform and is in line with fees accrued from other launchpad platforms trading fee split 60% of trading fees go to the daos world platform, and 40% go to the dao manager as noted above, after fund expiry (typically 6 months), all fees will then go to dao manager