CLIQUE.DAO
What is CLIQUE.DAO?
CLIQUE DAO seeks to fast forward the collapse of the global economic order and to fund the revolutionaries seeking the same goal.
The top 50 CLIQUE stakers are The Ascended.
These Guardians can submit proposals to the DAO, but they cannot influence the vote. The votes can be made by all CLIQUE stakers who are not Guardians.
Votes pass based on token share Yes vs No.
These proposals put forward should be requests for investment from protocols which match all or most of the below criteria;
-Fight Against Centralisation
-Further the Cause of Decentralisation
-Directly Benefit a Noble Cause
The DAO can then vote on whether they believe the investment should be granted. There is also a burning mechanism in place that works as an incentive.
For every 250 Sol of CLIQUE raised, 50 Sol is burned, and 200 goes to the investee protocol or cause.
The investee token is redistributed as per the proposal, with the full distribution swapped to the CLIQUE token at the agreed rates of dispursement. E.g. once a day, week or month.
50% of that CLIQUE is immediately sent to a burn wallet, with the other 50% redistributed proportionally to all stakers of CLIQUE .
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