WIP
1 token = 1 DAO Membership = 1 Membership Votes
1 token = 1 share of the Current Annual Percentage Yield (CAPY), paid out monthly
1 token = 1 share in DAO Exits Exit Distribution
Only wallets having held the token for 100+ consecutive days (counting backwards from the distribution event) will qualify for Exit Distribution.
DAO Membership for 100 consecutive days must be verified to qualify for Exit Distribution of DAO Exits
The address having created a DAO Acquisitions On-chain proposal that passes will receive a DAO Finder’s Fee equal to 1% of the acquisition’s purchase price.
The @Microangel DAO focuses on acquiring SaaS products, but could acquire other digital businesses provided a high-margin and low support burden
The @Microangel DAO’s DAO Acquisitions will always aim to acquire products at a 3x annualized revenue multiple (or lower) with the possibility to going higher provided margins and dividend yield are strong enough to maintain the Target Annual Percentage Yield (TAPY). Exceptions passed via proposals can happen.