Funding Sources

Funding Sources for the Skyren DAO within the Skyren Project

The Skyren DAO is designed to be a robust, community-governed fund that facilitates the efficient and safe participation in cryptocurrency airdrops. To ensure its growth and sustainability, the Skyren DAO leverages multiple funding mechanisms. Here is a detailed explanation of each funding source and how it contributes to the DAO's objectives.

1. Skyren Presale Funding

Initial Seeding and Capitalization: A portion of the funds raised during the Skyren presale is allocated to seed and capitalize the Skyren DAO. This initial funding provides the necessary liquidity to start participating in airdrops and ensures that the DAO has a solid financial foundation to support its early operations. This seeding is crucial for building trust and demonstrating the DAO's potential to generate returns for its community members.

2. SKYRN Token Tax

Sustainable Funding through Token Transactions: The Skyren DAO implements a buy and sell tax on the SKYRN token. This tax is directly channeled into the DAO's treasury. The rationale behind this approach is to create a continuous and sustainable funding stream. As community members trade the SKYRN token, each transaction contributes a small percentage to the DAO, ensuring that it remains well-funded over time without relying solely on external funding sources or periodic fundraising efforts.

3. Skyren Website Advertising Revenue

Monetizing Traffic for DAO Growth: The Skyren website and user interface will sell advertising space to blockchain and crypto-related projects. All proceeds from these advertisements will go directly to the Skyren DAO. This strategy leverages the platform's traffic and user engagement to generate additional revenue, which is then used to fund the DAO's activities. By monetizing its digital real estate, Skyren can diversify its income sources and reduce its dependence on token-related revenues alone.

4. Airdrop and Liquid Reward Reinvestment

Reinvesting Profits for Future Gains: The Skyren DAO will collect a portion of the airdrop and liquid token rewards from projects it has "farmed". These rewards will be sold for profit, and the proceeds will be reinvested back into the DAO. This reinvestment strategy ensures that the DAO's capital base grows over time, enabling it to participate in larger and potentially more lucrative airdrop events in the future. This cyclical reinvestment of funds helps in compounding the DAO's growth and maximizing returns for its members.

5. Partnership Negotiations

Strategic Collaborations for Mutual Benefit: Skyren aims to negotiate partnerships where the full deployment of the Skyren DAO may not be required, but the project can still benefit from mutual promotion of the underlying airdrop offering. These partnerships can lead to exclusive airdrop opportunities, co-marketing efforts, and other collaborative benefits. By leveraging strategic alliances, Skyren can enhance its value proposition and access a broader range of airdrop campaigns, thereby increasing potential rewards for its community.

Conclusion

The Skyren DAO's multifaceted funding approach ensures its long-term sustainability and growth. By combining presale funding, transaction taxes, advertising revenue, reward reinvestment, and strategic partnerships, the DAO is well-positioned to capitalize on a wide array of opportunities in the cryptocurrency airdrop space. This comprehensive funding strategy not only secures the DAO's financial health but also maximizes the potential rewards for its community members