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Fund_Distribution_Token_SFD.md

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Fund_Distribution_Token_SFD.md

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Specifications

  • A Stake and Funds distribution token.
  • Other descriptions available: Stake tokens against trasury.

Funds Distribution

Distribution Curve

  • Avoid Plutocracy -
  • Mathematics - diminishing rate of retturn

architecture

  • create an abstract contract and an Interface
  • use the appropriate OpenZeppelin Contracts [explain them in the documentation here]
  • inherit the abstract contract and the interface

functions

// separate here in mandatory to be ERC2222 and optional, i.e our contribution.

  • Minting When exchanged for funds deposited in the treasury of the DAO
  • Burning When redeemed for stake in the funds deposited in the treasury of the DAOs
  • Staking Minimum time Penalty when withdrawn early - At least a years
  • Transferability within the DAO ? How does one transfer the token within the DAO? Mapping against an NFT identity - KYC?
  • Internal maths for re-calculating shares, re-balancing tokens vs shares in the funding treasury
  • Mandatory features
  • Withdraw funds
  • communicate withdrawable funds
  • communicate Funds Distributed
  • communicate Funds Withdrawn

Security features

  • permission / access control mechanism for addresses to own PSK: does this take place manually or automatically?

Optional features

  • Internal only Liquidity protocol and pool

sources and references

  • s t a n d a r d s