Geexo DAO

Our system

DAO Treasure

• The DAO will control the $NEON Treasure and the SOL Treasure

• There are many uses for this Treasure:

  • Buy NFTs for Community Auctions

  • Swap assets to get $NEON

  • Contests rewards

  • Floor sweeping

  • In the future, add Liquidity on a DEX like Raydium

Geexo DAO

We want a DAO but we need speed and flexibility to survive, especially in the beginning. So, we will progressively expand the reach of the Geexo DAO with a gated strategy

• Members from the Geexo Team

• Members from Top Holders (By amount of NFTs, not rarity)

• Members from a Council voted by the Community every quarter

• More to be announced

The DAO will Kickoff when the time is right for our project.

The Geexo Team will define the Rules of Engagement and the DAO will vote on the params going forward, tweaking the knobs to make our economy work.

Geexos Rules of Engagement for DAO Treasure (Inception)

• Rule #1 - “Enforce the Mint Price” - Manually buy every Geexo published 33.3% below the Mint price. Invest no more than 50% of the SOL DAO Treasure.

  • 33.3% sounds familiar right? We are glad to build on top of the knowledge of the ecosystem.

• Rule #2 - “Buy NFTs and Passes for the Community '' - Use the project influence and the Geexos insights to get packs of NFTs that can be given back to the Community via Auctions. Consistently invest every month 50% of the SOL DAO Treasure.

• Rule #3 - To be added.

Voting

The DAO can vote to

• Revoke a Rule

• Create a new Rule

• Tweak the params of an existing rule

Tools

Our plan is to build our DAO on top of Squads.

We heard they are planning to use Dialect for Smart Messaging which will add support for compelling use cases that we need, like sending an inbox message to a DAO member that forgot to vote or transcending the Lore from the paper to the Web3 (more to come on this).