Skyren Whitepaper
  • Introduction
  • What Are Crypto Airdrops?
  • Why Choose Skyren?
  • Project Overview
    • Reward Distribution
      • Point Collection
      • Liquid Token Collection
    • Selection Process
      • Asset Security
    • Non Liquidity Tasks
      • Skycation Center (Discord)
  • Polygon Blockchain
    • EVM Capability
    • QuickSwap (DEX)
    • Bridging To Polygon
  • Token Information
    • Token Trade Tax
    • Token Distribution
    • Token Staking
    • Tokenomics
    • Centralized Exchanges
    • UNCX Integration
    • Community Disclosures
  • 🟣Skyren DAO
    • Ethereum Home Chain
      • Cross Chain Voting Weight
    • Funding Sources
      • Initial Capital Formation
    • Skyren DAO Reward Boost
    • DAO Contributors
      • DAO Contributor NFT Keys
    • Security
    • Liquidation Events
  • 🔷Skyren: The Skydrop
  • Project Roadmap
  • Frequently Asked Questions
  • Official Links
  • Contract Addresses
  • Security Reports
  • Legal Disclaimer
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  1. Skyren DAO
  2. DAO Contributors

DAO Contributor NFT Keys

PreviousDAO ContributorsNextSecurity

Last updated 6 months ago

DAO Contributor NFT Keys are the essential final step in the Skyren DAO Boost program that users must complete to officially become a DAO Contributor. These unique NFTs will be stored on the Polygon blockchain, a platform known for its speed and efficiency. Users can obtain these Contributor Keys directly from Skyren or choose to purchase them independently on the open market, providing flexibility in how they acquire these valuable assets.

Skyren has set a strict limit on the issuance of Contributor NFT Keys, with only 100 available in total. Once this limited supply has been fully distributed, any remaining keys will only be accessible through the open market. This scarcity adds to their value and appeal. Users have the freedom to buy or sell Contributor Keys as they see fit, but it is important to remember that only validated individuals and/or wallets will qualify to receive DAO Boost Rewards. This system allows individuals to relinquish their role as a DAO Contributor if they choose to do so, while simultaneously creating opportunities for new contributors to step in and take their place.

Skyren DAO NFT Contributor Keys are validated and disavowed through our official Discord server. To validate your Contributor Key, join our Discord server and navigate to the "Validate Keys" channel within the Skycation Center. Follow the provided instructions to complete the validation process.

If it's your first time or you need assistance, our support staff is available to help. Always ensure you're using the official Skyren DAO Discord server for security purposes.

In the unfortunate event that a Contributor Key is blacklisted, Skyren will take action by minting a replacement key. This new key will then be reserved for auction at the current floor price of open market Contributor Keys, ensuring fairness in the process. All proceeds from the initial sale of Contributor Keys will be directed to the Skyren Foundation, supporting its mission and initiatives. However, it is worth noting that no royalties will be imposed on the buying and selling of Contributor Keys in the open market, allowing for a more straightforward trading experience.

Benefits of Holding a Contributor Key

Holding a Contributor Key offers several benefits:

  1. Eligibility for Rewards: Only holders of validated Contributor Keys can receive further DAO Boost Rewards, providing a financial incentive.

  2. Governance Participation: Keyholders can participate in elevated governance decisions, influencing the direction and policies of the DAO.

  3. Market Value: With a limited supply, Contributor Keys may appreciate in value, offering potential investment returns.

  4. Flexibility: Holders can sell their keys if they choose to step down, allowing for liquidity and flexibility in their role.

  5. Community Standing: Being a keyholder signifies a trusted and validated member of the Skyren community, enhancing reputation and standing.

  6. Replacement Assurance: In case of blacklisting, a replacement key will be minted and auctioned, ensuring continued participation opportunities.

  7. Support for Skyren Foundation: Initial sales proceeds support the Skyren Foundation, contributing to its mission and initiatives

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