Staking
How the platform plans to use the staking network of Cardano to protect the network
Last updated
How the platform plans to use the staking network of Cardano to protect the network
Last updated
Every DAO of the house will have a treasury (in Blue above). The Treasury funding is done according to the rules stated above.
And now these treasury funds instead of sitting idle, shall be used to protect the Cardano network, which natively provides the mutually beneficial relationship of staking rewards.
Thus depending on market conditions the staking can be enabled and extra returns generated for the DAO participants.
In addition to the DAO treasury of the assets, there is a central platform treasury of Rietcircles, that also gets support from the different house DAO by getting a minimum of 10% of the funds
Finally part of the funds from the treasury will be allocated for developing the ecosystem via catalyst project funding or creation of proper VC funds for entrepreneurs.