How It Works



1. Fundraise

A. DAO Fundraising Overview
Since the opening of the DAO, there was a one-week window to fundraise the desired amount of 1100 SOL (equivalent to $220,000). This fundraising event is a fair launch for the DAO token, ensuring everyone gets the same price. The fundraise was announced, and the OSOL100 token mint date is set for December 17, 2024, 05:21:25 +UTC. The DAO page was created immediately afterwards.
B. We have 5 days to whitelist users before the fundraise expires, and upon full funding, trading will commence. We have initiated the whitelisting for our community and partners. Review the other page for WL criteria confidently.
C. After whitelisting and just before launching the DAO, we enter the commitment window. Here, approved and WL users confidently invest their SOL to mint the OSOL100 tokens. This window is designed in  daos.fun  to be divided into two phases
    .iPhase 1: Initially, VIP users labeled as WL are granted the opportunity to invest under the same market conditions as non-VIP users. The primary distinction is that these VIP users receive the minted tokens in their wallets prior to regular users. This has led to situations where VIP users transfer tokens to Radiym and initiate liquidity seeding, which has been problematic for the community. Consequently, after thorough analysis and learning from the experiences of previously launched DAOs, we have decided to restrict VIP roles to OSOL 100M LP's because we trust that they will not open a Radiyum pool before trading commences on  daos.fun .
    .iiPhase 2: Following the commitment and token minting by VIP labeled users, normal whitelist users will commence their contributions and token minting.


2. Trading Opening

Upon completion of the fundraising, users will have all tokens in their wallets, enabling them to sell on the DAO Pool or to burn their tokens and redeem assets from the fund.
Due to the anticipated high volume of transactions, please be aware that the site may experience multiple outages. According to our analysis, we have the largest community launch in the history of  daos.fun . Initially, the token will not appear on Dexscreener or Dextools. Once the AMM pools are established on Radium, the OSOL100 token can be located by searching the contract address:  https://solscan.io/token/7ukzrv5JkFrHCgGkv8GaUTxXhV2KHsCWcjzYqkNSTWZq 

 DAOs.fun  operates its own DEX, similar to Radiyum. Consequently, the coin may be tradable on  DAOs.fun , but it may not appear on Radiyum immediately due to the distinct systems. Please note that the trades observed on Radiyum do not reflect the same transactions occurring on  DAOs.fun .
Then MissO will leverage the invested SOL and Fund Assets to invest in the top 100 AI Solana coins, This arrangement permits the DAO token price to vary in accordance with the trading dynamics of the fund. The price trajectory offers unlimited potential for appreciation, although its decline is limited to the market capitalization of the fundraising. The DAO tokens may be sold at any time, provided the market capitalization of the token surpasses the initial fundraising amount.

3. Fund Expiration (After 1 Year )

Upon the fund's expiration, the DAO wallet will be frozen, and profits in SOL will be distributed to token holders. You may choose to burn your DAO tokens to redeem the underlying assets of the DAO, or alternatively, sell them on the curve provided the market capitalization exceeds the fundraising amount.
    .1The expiration date for OSOL100 DAO is 12/17/2025, 9:21:25 AM (an extension for an additional year is probable)
    .2Following expiration, the DAO wallet will be frozen, and profits in SOL distributed. The closure of the fund does NOT cease trading. The token will continue to trade indefinitely and can also be burned to claim underlying assets.
    .3A Carry fee of 8% of NAV profits is applied as a one-time fee upon the fund's closure next year.



FAQ

Why are DAO Tokens Mintable?

The authority to mint DAO tokens is designated to the voting module, which is scheduled for release between Q4 2024 and Q1 2025. Upon the launch of the voting module, DAO token holders will have the ability to vote on proposals to mint additional tokens for fundraising purposes, to finance DEX operations, or to permanently revoke the minting authority. Currently, the minting authority within the DAO's contract is not controlled by any single entity.