💲DAO Rewards

Maximizing Ecosystem Yield

1. Utilizing the Blast Network's Native Yield:

   • The Blast Hoge DAO treasury will actively participate in the Blast network, holding ETH and USDB to earn native yield. This approach not only capitalizes on the network’s innovative yield mechanisms but also aligns with the DAO's goals of growth and sustainability.

2. Strategic DeFi Investments:

   • A significant portion (20%) of the DAO's funds is allocated towards various DeFi strategies within the Blast ecosystem. These strategies are carefully selected and managed to optimize returns while minimizing risks. The DAO leverages Brahma Console for its advanced features in executing these strategies efficiently, providing a multisig environment that enhances security and governance.

3. Reward Distribution Mechanism:

   • Rewards generated from the native yield and DeFi strategies are distributed to DAO members in the form of Blast Points and Blast Gold. This distribution not only rewards members for their participation but also integrates them further into the broader Blast ecosystem, encouraging engagement and investment in its growth.

Key Components of the DAO Rewards System:

• Blast Points and Blast Gold:

  • Members of the DAO will receive rewards in Blast Points and Blast Gold, reflecting their contribution and engagement within the ecosystem. These rewards are a testament to the value members bring to the DAO and are designed to be both a recognition of their efforts and an incentive for further participation.

• Investment in Vetted Protocols:

  • The DAO's investment strategies are focused on vetted protocols within the Blast ecosystem, such as juice.finance Vaults. These protocols are selected based on their potential for high returns and alignment with the DAO's mission. The flexibility and diversity of these investment opportunities ensure that the DAO can adapt to changing market conditions and member preferences.

• Incentive for Early Supporters:

  • Recognizing the importance of early supporters, the DAO rewards system is structured to benefit those who join and contribute to the DAO from its inception. Early members have the opportunity to maximize their rewards as the treasury grows and as more strategic investments are made. Early supporters will also get a much less expensive entry into the DAO due to the Dutch Auction Mechanism.

Looking Forward:

The DAO rewards system is at the heart of the Blast Hoge DAO’s value proposition. It's not just about the immediate financial benefits but about building a sustainable ecosystem where every member can thrive. The strategic use of the treasury for DeFi investments, coupled with the innovative reward mechanisms of the Blast network, positions the DAO as a pioneering force in the DeFi space.

Future enhancements to the DAO rewards system will be guided by member feedback and the evolving landscape of the crypto world. The DAO is committed to transparency in its operations and decision-making, ensuring that all members are well-informed and involved in the journey ahead.