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?
Powered by GitBook
On this page

Was this helpful?

  1. DAO

Guilds, Their Selection & Compensation

Redemption DAO consists of several guilds responsible for managing different aspects of the project. These guilds will be selected and compensated by the DAO based on their performance and contribution to the project. The following are some of the guilds that the Redemption DAO has:

  • Treasury Management Guild: This guild will be responsible for managing the Redemption Treasury, which includes revenue generated and expenses incurred by the project. They will ensure that the Treasury remains sustainable and has sufficient funds to meet the project's objectives.

  • Lottery Guild: This guild will be responsible for operating the Redemption Lottery product. They will ensure that the lottery is fair and transparent and that the rewards are distributed to winners in a timely manner.

  • Bonds Guild: This guild will be responsible for issuing and managing bonds on the Redemption platform. They will ensure that the collateral is sufficient and that the bonds are redeemed promptly.

  • Staking Guild: This guild will be responsible for managing the Redemption Staking product. They will ensure that the staking rewards are fair and that the staking process is secure.

  • Investment Guild: This guild will be responsible for identifying and investing in profitable ventures that generate dividends for token holders.

  • Marketing Guild: This guild will be responsible for promoting the project by developing & executing marketing strategies, and managing social media and other communication channels to increase the adoption of Redemption's products, ultimately benefiting the entire DAO and its token holders.

How Will Guilds Be Selected In DAO & How Will They Be Compensated?

Redemption DAO will select guilds based on their performance and contribution to the project. Guilds will submit proposals to the DAO, outlining their objectives, strategies, and expected outcomes. The DAO will then review and vote on the proposals, and the guilds with the highest votes will be selected.

Guilds will be compensated based on their performance and contribution to the project. The DAO will allocate a portion of the Redemption Treasury to compensate guilds, and the amount will depend on the guild's scope of work, success rate, and overall contribution to the project. The compensation will be in the form of Redemption Tokens, and the guilds will be required to hold these tokens to ensure that their incentives are aligned with the project's objectives.

PreviousFunctions of DAONextWhy Participate in The DAO?

Last updated 2 years ago

Was this helpful?