The term Metaverse DAO has been a buzzword for quite some time now that has grabbed the attention of every market player irrespective of the industry vertical. Established in February, this year, it is a trending Farm-as-a-Service project that operates on the Ethereum chain. It enables users to earn passive rewards from yield farming throughout numerous networks. Metaverse DAO is expected to become the reserve currency on Ethereum.
How Metaverse DAO Works?
The prime emphasis of Metaverse DAO development is on a long-term and fruitful treasury fund allocation. This is possible due to its productive functioning that involves majorly three steps:
Treasury Revenue: The fees of liquidity pool and bond sales improve the treasury revenue while locking in liquidity and assisting control supply.
Treasury Growth: Treasury inflow maximizes the treasury balance while backing outstanding $MDAO tokens and further regulating staking APY.
Staking Rewards: Compounds yield automatically with the help of a treasury-powered token with an inherent value.
Funds are further transferred from the treasury wallet for staking through multiple networks as directed by Metaverse DAO governance. Here the rewards are returned automatically to the dividends pool and investors can claim it further.
After this, governance presents minimum and maximum yield rates for the current pools for carrying on with stakes and re-investing from other pool allocations. All the transactions are further presented in a suitable pool in the dApp.
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