REDEMPTION
  • REDEMPTION
    • Redemption Token (RDTN)
    • RDBN (Puttable Bonds)
    • Redemption Platform / dApps
    • Redemption DAO
  • How to Earn?
    • Redemption Bonds
      • Features
      • Redemption Bonds Prizes & Lucky Draw Periods
      • Bond Serial Number & Important Terms
      • Bonds Issuing, Locking & Lucky Draw Dates
      • How Do Redemption Bonds Work?
      • Why Redemption bonds?
      • Technical Specifications
        • Issuance of Redemption Bonds
        • Collateral Pool Management
        • Collateral Size Determination & Oracle
        • Management of Bonds
        • Redemption of Bonds
        • Prize Pool Calculation
        • Burning The Bonds
        • Redemption Bonds Workflows
    • Staking
      • Staking Pools Duration
      • Why Stake Redemption Tokens?
      • How To Earn With Staking?
    • Lottery
      • Lottery Pools & Probability to Win
      • Lottery Pool Value & Prize Distribution
      • How The Winning No Is Drawn?
      • How To Play The Lottery?
  • How to Get RDTN?
  • DAO
    • Functions of DAO
    • Guilds, Their Selection & Compensation
    • Why Participate in The DAO?
    • How DAO Voting Works
    • How Does DAO Treasury Work?
    • Funds Management With Multisig Wallets
    • Funds Allocation to Guilds
    • How To Vote?
  • Invest in Pre-IDO
    • Why Invest in Pre-IDO?
    • How to Buy Redemption Before IDO?
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  1. DAO

Functions of DAO

Redemption DAO will work through a decentralized decision-making process, where all token holders have the right to participate and vote on important decisions. The DAO will operate using smart contracts, which will execute predetermined actions based on the results of votes. The primary functions of Redemption DAO are to:

  • Manage the Redemption Treasury

  • Operate the Redemption Lottery, Bonds, and Staking products

  • Manage expenses incurred by the project

  • Invest in profitable ventures to generate dividends for token holders

  • Facilitate voting and governance by token holders

  • Select and compensate guilds to manage various aspects of the project.

PreviousDAONextGuilds, Their Selection & Compensation

Last updated 2 years ago

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