📎Technical Background

Tokenomics

RER DAO Tokenomics

Welcome to RER DAO (Decentralized Autonomous Organization)! Below, you'll find the comprehensive tokenomics of our native token, RER

Token Details:

• Token Name: RER Token

• Token Symbol: RER

• Blockchain:

Token Allocation:

1. Initial Token Distribution:

2. Vesting Schedule:

   • Team & Advisors: Tokens allocated to the team and advisors will be subject to a vesting schedule to ensure long-term commitment and alignment of interests with the project's success.

3. Community Incentives:

   • A portion of the reserve tokens will be allocated for community incentives, including liquidity mining, yield farming, and other community-driven initiatives to foster ecosystem growth and engagement.

4. Governance:

   • RER token holders will have governance rights within the RER DAO ecosystem, allowing them to participate in key decision-making processes such as protocol upgrades, fee structures, and allocation of community funds.

Utility of RER Token:

1. Governance: Holders of RER tokens will have voting rights in the DAO, enabling them to participate in shaping the future direction of the protocol.

2. Staking: RER tokens can be staked to secure the network and earn staking rewards, incentivizing token holders to actively participate in maintaining the network's security and integrity.

3. Protocol Fees: RER tokens will be used to pay for transaction fees, governance proposals, and other services within the RER DAO ecosystem, driving demand for the token.

4. Liquidity Provision: Token holders can provide liquidity to decentralized exchanges (DEXs) and liquidity pools using RER tokens, earning rewards in the form of trading fees and additional tokens.

5. Governance Rewards: Active participants in governance decisions may receive rewards in the form of additional RER tokens, incentivizing participation and contribution to the DAO's governance processes.

RER DAO Architecture

Joining and Leaving a DAO

Joining RER DAO is a simple yet significant step towards becoming an integral part of our decentralized community. Anyone interested in contributing to the growth and governance of the protocol can become a member by acquiring RER tokens through various token acquisition methods.

Leaving RER DAO follows a straightforward process, allowing members to divest from the community if they choose to do so. However, it's essential to understand the implications and potential restrictions before making this decision.

Becoming a Member

To become a member of RER DAO, individuals need to acquire RER tokens through token acquisition methods such as participating in public sales or obtaining tokens from decentralized exchanges. Once tokens are acquired, holders automatically gain membership and associated governance rights within the DAO ecosystem.

• Token acquisition methods

  Members can acquire RER tokens through various methods, including:

  • Public Sales: Participating in public token sales organized by RER DAO.

  • Decentralized Exchanges (DEXs): Purchasing tokens from decentralized exchanges where RER is listed.

  • Community Incentive Programs: Earning tokens through liquidity mining, yield farming, and other community-driven initiatives.

• Requirements for joining specific DAOs

  The primary requirement for joining RER DAO is acquiring a certain number of RER tokens. There are no additional prerequisites or KYC (Know Your Customer) procedures to become a member.

Leaving RER DAO

Members can leave RER DAO by selling or transferring their tokens. However, it's essential to consider any potential restrictions or implications, such as vesting schedules or penalties associated with early withdrawal.

How to Contribute to RER DAO

• Ways to Participate

  There are several ways to contribute to the growth and development of RER DAO:

  • Participating in discussions on governance forums, Discord channels, and other communication platforms.

  • Proposing improvements or new features to enhance the protocol's functionality and user experience.

  • Voting on existing proposals to collectively decide on the direction of the DAO.

  • Contributing to development and codebase enhancements, if applicable.

• Community Guidelines

  To maintain a vibrant and inclusive community, members of RER DAO are expected to adhere to the following guidelines:

  • Respectful and constructive communication: Engage in discussions with civility and empathy, fostering a positive and welcoming atmosphere.

  • Compliance with governance protocols: Follow the established procedures for proposing, reviewing, and voting on proposals.

  • Transparency and accountability: Act in the best interest of the community, disclosing any conflicts of interest and abiding by the decisions made through democratic processes.

Creating, Submitting, and Voting on Proposals

• Proposal Types

  RER DAO supports various types of proposals, including:

  • Funding proposals: Requests for allocation of funds from the DAO treasury to support specific initiatives or projects.

  • Parameter changes: Proposals to adjust protocol parameters such as transaction fees, staking rewards, or governance mechanisms.

  • New feature requests: Suggestions for implementing new features or functionalities within the protocol.

• How to Create a Proposal

  To create a proposal, members need to provide the following information:

  • Proposal title and description: Clearly outline the purpose and scope of the proposal.

  • Implementation details: Specify how the proposed changes will be executed and their potential impact on the protocol.

  • Funding requirements (if applicable): Estimate the amount of funds needed and justify the allocation.

• How to Submit a Proposal

  Submitting a proposal involves the following steps:

  • Prepare the proposal according to the formatting guidelines provided by RER DAO.

  • Submit the proposal through the designated platform or forum.

  • Engage in the review and discussion period to address any questions or concerns raised by the community.

• How to Vote on a Proposal

  Members can vote on proposals using token-weighted mechanisms, where the voting power is proportional to the number of tokens held. Proposals must meet the specified thresholds for passing, which may include quorum requirements or minimum participation levels.

  By actively participating in the governance process, members contribute to the evolution and success of RER DAO, shaping its future direction and ensuring alignment with the community's interests and values.