Collats DAO Governance Token
Collats DAO Governance Token (CDGT) allow holders to have the ultimate saying in the governance of the Collats DAO and its finances. CDGT holders don't have a direct claim to the assets of the Collats DAO but are the ones that can vote for actions that should be beneficial to all the members of the Collats DAO.
Name
Collats DAO Governance Token
Symbol
CDGT
Decimals
18
Total Supply
1,000
Network
Binance Smart Chain
Contract Address
0xC44ACB99ca783437ce7FC6029F63e9214d95828D
Vesting
Immediate
Distribution
Minting
ODs
300 CDGT distributed between the Original Development team.
Staking
100 CDGT available for the Staking program
Collaborators
There will be 15 monthly tokens minted for 24 months. They will be granted to specific members of the community which amongst many other things have proved to hold the best interest for the DAO.
Auction
TBA
Airdrop
TBA
Burning
Burns could be forced or be voluntary.
CDGT Holders can voluntarily submit their tokens to be removed from the total supply.
CDGT Holders taking actions that are detrimental to the Collats DAO or its members could see their CDGTs reclaimed and their Staking Funds confiscated.
CDGT Holders that don't vote for 5 consecutive times will lose 1 CDGT.
Last updated