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Prompt2DAO

Understanding how we go from idea -> decentralized organization.

Every great company starts with an idea. Tweet your best idea @prompt2dao and it comes to life.

Once an idea is deemed worthy it will then kick off the initiation:

  1. Etch a Bitcoin Rune to represent the idea as a token

  2. Deposit 100% of the Bitcoin Rune supply into Stacks

    1. 80% goes to the DAO treasury contract

    2. 20% goes to the DEX bonding curve

  3. Create smart contracts to support the token

    1. SIP-010 token, used in voting/governance

    2. DEX bonding curve, for initial price discovery/trading

    3. Bitflow trading pool, for reaching liquidity target in DEX

  4. Create smart contracts to support the DAO, powered by the token

    1. Base: the main contract that all others operate through

    2. Extensions: features with on-going functionality

    3. Proposals: one-time changes enacted by voting

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Last updated 11 days ago