PathDAO
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$PATH
Game / NFT projects
Constitution
Governing rules of PathDAO & treasury
Fund utilisation mandate:
- 80% of fund to be invested into blockchain gaming protocols and assets (tokens, NFTs) in private rounds and secondary markets
- 15% of fund to be utilised to grow gamer and investor community through marketing, events, and rewards
- 5% of fund to be utilised for operational expenses of the execution team
Operational mandate:
- Current execution of PathDAO sits with Path Ventures Ltd, a BVI incorporated company.
- Execution team has full mandate to deploy treasury at any amount as long as it is within the blockchain gaming ecosystem, with the objective of generating profits
- Treasury is stored in multisig accounts (Gnosis or Fireblocks), or deployed into yield farming protocols governed by multisigs. Exception is granted to NFT assets required for gamer operations where multisig and cold wallets create too much operational complexity.
- Execution team is given mandate to develop an ecosystem of infrastructures with the objective of creative the most sticky web3 gamer experience, with the final objective of increasing treasury value. Team can utilise operating budget and marketing budget in respect to this growth and development.
- Execution team is given mandate to deploy Community $PATH tokens for the benefit of growing the ecosystem and community, as long as it follows the governing emission schedule
- Changes to tokenomics that can affect $PATH and $PATH holders require governance voting (e.g. reward pools, emissions schedule)
- Broadening of treasury mandate beyond blockchain gaming requires governance voting
Governance:
- $PATH tokens have an equal weight of voting
- All allocated $PATH tokens are counted in governance regardless of it being vested or locked
Passed Proposals :
Proposal
Passed date
28/12/2021
8/1/2022
12/3/2022
2/4/2022
10/5/2022
30/5/2022
Last modified 26d ago