In light of recent developments and the imminent launch of BendApeStaking V2 which is a pool-based staking solution, a more clear financial structure is proposed to ensure greater efficiency and effectiveness in operation and growth strategy.
Management and Support for BendApeStaking V2 (Pool-based Staking)
V2 will maintain the management approach of V1, but with the addition of an expenditure for marketing. The auditing costs, GAS for auto-compounding, marketing expenses, and future revenues will be managed by the treasury. This streamlined approach will ensure a more unified allocation of resources and an optimized distribution of funds.
DAO Treasury
Expenditure:
- Security Audit
The audit report by Verilog is in progress. Verilog has issued 4 audit reports for BendDAO. - Auto-compounding GAS
The GAS for the auto-compounding is proposed to be supported by the Treasury. There will be 0 GAS for stakers for auto-compounding. - Marketing
For the first 3 months of the launch, allocation of $30K as the marketing budget.
- Collaboration with NFT communities;
- Collaboration with 3rd party for updates release;
- Offline NFT-featured activity sponsorship.
Revenue**:**
- 4% pairing service fee
Dev Team
Responsibility:
- Contract development and deployment
- Front-end deployment
- Back-end development
- UI & UX
- Maintenance and upgrades
Revenue: N.A.
By consolidating these funds under the treasury’s purview, this proposal can help to improve operational efficiency, strengthen BendDAO community, and solidify BendApeStaking V2’s position in the market.
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