The Decentralized Autonomous Organization (DAO) Treasury is a community pool for governance holders to have the right in creating and voting on proposals that will impact the future direction of the entire GOYA ecosystem. As votes come to pass, the GOYA team will ensure to implement of the changes based on the passed proposals. The DAO Treasury funds come from different sources, such as:
In the initial stages, we will be transferring 16,000,000 GOYA into the DAO Treasury wallet upon the GOYA Marketplace launch to initiate.
The GOYA team will be allocating some of the monthly released Ecosystem Fund into the Treasury for the purpose of growing and sustaining the DAO Treasury.
Based on total revenue from the fees earned, the GOYA team will take out 20% to be added to the DAO Treasury.
There are various purposes for which we have developed a smart contract that functions the DAO Treasury, which are: