Governance
OTO DAO - A Decentralized Venture Capital Protocol
OTO is an autonomous venture capital🤑running on the Binance Smart Chain. Blockchain technology therefore elevates OTO over legacy VCs in three critical ways:
🧙♂️Transparent Governance
OTO follows a one-token-one-vote democratic governance model based on amounts of OTO owned. With this model, the power to make OTO’s venture capital incubations and other important decisions is fairly and transparently distributed among token holders instead of restricted to a few VC partners. OTO holders have the ultimate authority to share their thoughts, make the calls, and inspect past decisions on-chain.
💵Incubations with Real Returns
OTO DAO follows its core culture to incubate promising projects returning real rewards (as in BNB, BTC, and other mainstream blockchain assets with serious liquidity). OTO community welcomes anyone to suggest incubations ideas through our community or through SnapShot.
💹Smart Dividends
OTO’s top-level contract is always the owner of incubated OTO projects. Smart contracts will self-enforce to distribute project profits to OTO fairly, transparently, and autonomously. Profits (mainly in BNB, BTC, or USDT) will be auto harvested from incubated projects. These profits will be autonomously swapped for OTO on PancakeSwap at market prices. The bought OTO will then be distributed to OTO stakers as staking rewards. View OTO Staking Guide.
OTO is 100% community owned. There is no developer or management profit sharing. All profits are distributed in proportion to the number of OTO staked.
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