DAO Tokens

GT (governance tokens) are DAO's own tokens that grant their owners the right to vote on the activities of the DAO, including on the allocation of funds from the DAO Treasury.

The initial issue of tokens is carried out during the launch of the DAO, the decision on an additional issue can be made by DAO Voting. The issue is possible in two ways:

1. The sale of GT in exchange for cryptocurrencies accepted by the DAO Treasury.

2. The issue of GT in a certain amount, followed by the transfer of the entire amount of the issue to certain wallets (exchange, liquidity pool, etc.);

With the exception of the case of "dividend payments" (see below), GT are utility tokens with the following functionality:

· GT trading and exchanging for other tokens;

· On-chain & off-chain governance. Voting on all DAO activities (1 GT = 1 vote). At the same time:

o Voting can be delegated to a person (wallet) other than the token holder;

o Voting tokens are locked in staking for the duration of voting. In case of voting on several issues at once, the voting tokens remain in the stake until the last vote is completed. The owners of the tokens that are in the staking are rewarded;

o If there is a "Sponsorship Fee" for making a Proposal, then it can be paid with GT tokens;

o Payment of gas fees (if applicable)

· Rewards (bonuses) for Experts, Protectors, Manager, Protector, Agents;

· Rewards for voters and other DAO participants through staking;

· DAO Treasury can buy GT back from the market at the expense of income from Investment projects;

· If it is permitted by the DAO, a part of the income received by the DAO can be distributed to token holders from the DAO Treasury (analogous to dividends). The tokens of the participant who made such a decision will be viewed as security tokens and not as utility tokens.