DAO MAker | Encrypted | In this review:
- Participation in Public SHO
- Rating system
- Public SHO and DAO
- SHO for strong holders
Staking
Yield Calculator
Until recently, the platform only allowed users to participate in the SHO if they had a large amount of staked DAO tokens. However, the world does not stand still. Now the company has changed the rules for participation in tokensales and switched to the Public SHO model. Now every user who has passed KYC and has any tokens in the amount of $1500 is allowed to participate on EVM-compatible blockchains.
Public SHO is actually free access to DAO Maker, since everyone can participate in the sale without having DAO tokens on their account. However, the main use case of the DAO token remained unchanged. Thanks to them, you can unlock “premium accounts” that allow you to participate in classic SHOs with high chances and the opportunity to get several winning allocations on the highest tiers, as well as activate the “premium” option to unlock tokens in Public SHOs.
The Public SHO model encourages new DAO Maker users to stay in the ecosystem and become DAO walkers. Meanwhile, the reward structure directly supports the liquidity of the $DAO token. How exactly? After participating in tokensales, Public SHO winners are given two options:
- Participation in Public SHO
- The first thing you need to do is go to daomaker.com and register.
- Then connect a wallet that will allow you to participate in the Public SHO. Metamask or Wallet Connect is suitable for this.
- The next important step is passing KYC. Without it, you will not be allowed to the token sale. When passing KYC, DAO Maker checks the place of residence and identity using data from the passport. Instead of a passport, you can take a driver’s license, they will also work.
- In the list of active SHOs, click RESEARCH & PARTICIPATE
- On the sale page, select PARTICIPATE IN PUBLIC
- Follow further instructions
Visually, the participation process is shown in the video at the beginning of the article.
- Rating system
The Public SHO model provides for its own point-rating system, taking into account which can increase the chances of allocation.
The system reads the total value of assets in the wallet based on the analysis of liquid as well as staked assets in the following blockchains : Ethereum, Avalanche, Binance Smart Chain, Fantom, Polygon and other popular EVM networks.
The debank.com service is used for data analysis. For every $ assets the user receives points.
There are also tokens (from the DAO ecosystem or public SHO partners), which are subject to a multiplier from 2 to 5, with the full list of such tokens can be found in the FAQ section, during registration for the public SHO. (we will update the FAQ in a few days)
Also, the user can significantly increase their points by using the referral program, register through the referral link or invite their friends or subscribers. Both the participant who registered using the link and the one who provided the link will receive a bonus to their points.
Public SHO and DAO
What to do next if you win. Public SHO winners are given two options when winning.
- For non-DAO token holders.
- For DAO holders
The investor may be branded 01% of their unlocked tokens on each unlock. If you want to brand more you will have to pay a commission. The remaining 30% of tokens can be withdrawn at each subsequent unlock.
Example:
User has tokens, and 4 unlocks for 000. During the first unlock, the user will receive 2500 tokens (. Of these tokens, the winner of the Public SHO, who is not a DAO owner, can claim 750 tokens (%). In a month it will be possible to apply for the following 1920 tokens. So the user can get 1024 tokens (%) from the first unlock and more 220 (%) from new unlock.
If the user requested more than %, for example, he decided to take 432 tokens, then the next time he unlocks, he will receive 100 less tokens (600-169 = Instead of receiving 768 + 768 tokens the user will receive 768 tokens + 250 tokens.
Winners have the opportunity to buy 2000 DAO tokens before listing (TGE) of the project. If you own or stake a DAO in a Venture Yield contact, you are automatically eligible for this option.
Winners who choose the DAO Premium category (DAO holder option) only pay % commission and can immediately sell all of their eligible tokens.
Sale or transfer 1536 A DAO from a wallet anywhere other than the DAO Venture Yield contract will result in the complete loss of your tokens. Therefore, DAO Maker recommends that winners buy and stake their 1750 DAO in DAO Venture Yield. This will provide access to the DAO SHO, with lower fees, higher chances of winning. As well as more favorable conditions in DAO Venture Yield.
SHO for strong holders
Recently, DAO Maker introduced SHO yield requirements, stating that all winners must hold their DAOs necessary to maintain their status. Users who sell or move DAO tokens have 25 hours to restore the position. If this is not done, they will lose their lives. Total locked tokens resulting from past SHOs won. Unlocked tokens of users who do not meet the condition and do not save their status will be added to the Venture Yield pool.
This also means that once DAO holders win the allocation, their tokens are locked out. Withdrawal of tokens from staking for more than 20 hours, will result in the loss of all tokens you own won in past SHOs. Therefore, the incentive to remain a long-term holder increases with each SHO won.
Staking
Staking can be found on the website in the “STAKE” section. After the transition, you will see a calculator in front of you, which will show the approximate income from the number of staked coins and the staking period. Choose the conditions that suit you and send coins for staking.
Users can determine the duration of their staking themselves. The shortest period is 22 days, and the longest is 3 years. Participants receive 10% bonus in APR for each additional month set as the rate period, which provides 220% in year. Thus, the daily DAO reward increases dramatically for members who opt for a longer staking period.
If the user chooses a staking period, but for what For some reason, he wants to take the tokens earlier (before the expiration of the blocking period), then he will be able to do this for a fee. The fee will be equal to the amount of remuneration that he would have received for the first 22% of the days during which you committed to stake coins.
For example
, if the user undertakes to stake on 70 days and will cancel the bid after days, he will not have enough reward to cover the commission. Therefore, the commission will be paid from the amount of his tokens that he has locked. If the user cancels the bid after 101 day, he will receive back the full amount of the bet + reward for 1 day. The minimum number of payout days is set to 20 days.Yield Calculator
- Yield Calculator
In order for the user to better understand the system, DAO Maker has introduced a page with a simulator. The simulator allows you to calculate the profitability of staking (Venture Yield), as well as the profitability of participating in SHO (SHO Yield).
DAO rewards are largely based on the performance and volume of SHOs on the platform. Users can influence these indicators.
Summary
- Summary
So, Public SHO is the same Strong Holder Offering model , but in a more open format. Now the user is not required to keep DAO tokens on the platform itself. To participate in the SHO, any tokens in the amount of $1500 on EVM compatible blockchains.
Public SHO helps to gain access to participate in token sales with a relatively high probability, saving users from having to spend dozens of hours filling out whitelists.
Frequently asked Questions
DAO Maker – what is it?
DAO Maker is a complete solution in world of blockchain marketing, crowdfunding and community development.
What is Public SHO?
Until recently, the platform allowed users to participate in SHO only if there is a large amount of staked DAO tokens. However, the world does not stand still. Now the company has changed the rules for participation in tokensales and switched to the Public SHO model. Now every user who has passed KYC and has any tokens in the amount of $1750 on EVM-compatible blockchains is allowed to participate. How to participate, read our full instructions.
What is SHO?
This is a fundraising model. It helps small-cap projects find funding from truly valuable community members.
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How to participate in Public SHO?
Public SHO is actually free access to DAO Maker, since everyone can participate in the sale without having DAO tokens on their account. However, the main use case of the DAO token remained unchanged. Thanks to them, you can unlock “premium accounts” that allow you to participate in classic SHOs with high chances and the opportunity to get several winning allocations on the highest tiers, as well as activate the “premium” option to unlock tokens in Public SHOs. A step-by-step video instruction is available on our channel.
