Skyren DAO Contributors hold a vital position in ensuring the effective operation and profitability of the Skyren DAO. Their work is essential, and they collaborate closely with Skyren Project Contributors. However, it is important to note that they have distinct responsibilities and a unique selection process that sets them apart.
Community Proposals: One of the primary tasks of DAO Contributors is to create and submit proposals aimed at enhancing the functionality and efficiency of the DAO. These proposals can cover a wide range of topics, from new initiatives to improvements in existing processes, ensuring that the community's voice is heard and considered.
Asset Management: DAO Contributors are responsible for adjusting the weighting of assets owned by the DAO. This involves analyzing market trends and making informed decisions to optimize the DAO's asset portfolio, which is crucial for maintaining financial health and stability.
Reporting: Accurate and transparent reporting of DAO activities is another key responsibility. DAO Contributors must ensure that all actions and decisions are documented clearly, allowing for accountability and trust within the community. This transparency helps build confidence among stakeholders and encourages active participation.
Self-Governance: DAO Contributors govern themselves, which means they have the autonomy to make decisions without interference from Project Contributors. This self-governance fosters a sense of ownership and responsibility, as they are accountable for their actions and must maintain high standards of performance.
Arbitration Requests: In the event of disputes, DAO Contributors have the right to request arbitration from Project Contributors. This process ensures that any conflicts are resolved fairly and justly, maintaining harmony within the ecosystem.
DAO Contributors are chosen based on their active participation in the Skyren DAO Boost Incentive program. To qualify for this role, users must meet specific criteria, including:
Providing liquidity to the DAO.
Staking Skyren tokens to demonstrate commitment.
Holding a valid Contributor NFT Key, which serves as proof of their eligibility.
This financial structure resembles a proof-of-stake blockchain model, ensuring that only dedicated and incentivized individuals can become DAO Contributors.
Self-Governance: DAO Contributors exercise self-governance, allowing them to make decisions independently. Project Contributors set up guardrails to ensure fairness and prevent any malicious actions, but they do not interfere in the day-to-day governance.
Arbitration: In cases of disputes or misconduct, Project Contributors step in as arbitrators. They gather evidence, interview DAO Contributors, and assess the situation to determine the facts, ultimately deciding on any necessary actions, including potential termination.
If a DAO Contributor is found to be acting in bad faith or causing harm to the ecosystem, their membership can be revoked. This revocation leads to:
The blacklisting of their Contributor NFT Key, preventing future participation.
The forfeiture of all rewards earned as a DAO Contributor, reinforcing the importance of ethical behavior.
DAO Contributors are expected to work collaboratively and strive for beneficial consensus for the Skyren Ecosystem, drawing on their diverse backgrounds and perspectives to enhance the community as a whole.
Project Contributors have the authority to individually validate DAO Contributors to prevent the misuse or "hoarding" of NFT Contributor Keys. No single entity is permitted to possess or benefit from more than one Contributor Key. To prevent malicious actors from circumventing these measures, the specific methods used for validation will not be disclosed. These methods may include, but are not limited to, KYC validation, blockchain analysis, or third-party investigations. Any misuse of Contributor Keys will result in termination.
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.
Holding a Contributor Key offers several benefits:
Eligibility for Rewards: Only holders of validated Contributor Keys can receive further DAO Boost Rewards, providing a financial incentive.
Governance Participation: Keyholders can participate in elevated governance decisions, influencing the direction and policies of the DAO.
Market Value: With a limited supply, Contributor Keys may appreciate in value, offering potential investment returns.
Flexibility: Holders can sell their keys if they choose to step down, allowing for liquidity and flexibility in their role.
Community Standing: Being a keyholder signifies a trusted and validated member of the Skyren community, enhancing reputation and standing.
Replacement Assurance: In case of blacklisting, a replacement key will be minted and auctioned, ensuring continued participation opportunities.
Support for Skyren Foundation: Initial sales proceeds support the Skyren Foundation, contributing to its mission and initiatives
