DGES DAO Reserve

The DGES DAO reserve is a pool of assets that may consist of GNFTs, LNFTs, RNFTs, stablecoins, and native cryptocurrencies from blockchains connected to the ecosystem. Its primary functions are to provide grants for the development of promising projects within the DGES ecosystem and to support the ecosystem's operational activities. Additionally, once the budgets allocated for marketing and partnership programmes, as outlined in the tokenomics, are exhausted, funds from the DGES reserve may be used for these purposes, based on the DAO community decision.

The formation of this reserve comes from the following sources:

1. The initial allocation of RNFTs according to DGES tokenomics.

2. Commissions from LNFT and RNFT transactions paid in stablecoins and native coins of blockchains connected to the ecosystem.

3. Buybacks of GNFTs, LNFTs, and RNFTs from users, as decided by the DAO community.

To receive a grant from the reserve, a project must submit an application with a business plan, financial projections for the project's development, and a detailed description of the needs and their costs for which the funds are requested from the reserve. The application should also include the composition of the funds the project wishes to receive (stablecoins, native coins, RNFTs, LNFTs, GNFTs, or a combination thereof). Grant allocations are regulated through DAO voting. The size of the grants, as well as the structure of their issuance and vesting—which may include stablecoins, native coins, RNFTs, LNFTs, GNFTs, or a combination of these—is also determined by DAO voting. If the reserve does not have enough stablecoins to fund a specific project, some of the tokens in the reserve may be sold on the open market to obtain stablecoins, but only up to the limit allowed by the vesting schedule as outlined in DGES tokenomics.