NexGen Token ($NEX)
- Classified as a security token of the company shares.
- Serves as the primary ecosystem token.
- Earned as reward for completing bounties.
- This token is also a governance token.
- 40% of the revenue of the DAO buys back $POST, this ensures that we don't run out of shares to redistribute for bounties or for Core member payouts and boosts the market price of the shares.
- 10% Dividend Yield for Token holders
- 50% of the revenue goes to the treasury as USDC
- Proposal for equity based workspace
Ensuring equity Rewards
- Consistently monitor and adjust our Tokenomics to ensure that we have enough reserves
- Making initial bounties rewarded with membership NFT
- Prioritize and reallocate resources as needed to ensure that contributors are consistently rewarded for their participation in our ecosystem
- Implementing an equity "tax" on projects
- Continuously seeking new partnerships and revenue streams to sustain and grow our staking rewards pool
Locked Bounties ?
- With the help of hedgey.finance we can convert tokens from ERC-20 to ERC-721
We will give locked rewards to members to avoid bearish pressure for completing tasks.
Treasury
- Will generate a % revenue from all the projects under the DAO wing
- Will hold 50% of the revenue as USDC