CeresDAO
Partner Contact
ricky
FC Contact
tesa_fc
Project Type
Description
FC Branch
Website
Proposal name: CeresDAO <> FC partnership
Working group: Ricky (CeresDAO), tesa_fc (Fight Club)
Date: 9/21/22
Status:
TL;DR
CeresDAO is a vc-backed project, Pepper Global and Hashkey Capital, looking to expand their community. They are willing to provide Fight Club a DAO NFT and enable Fight Club members to purchase $CES tokens or CeresDAO Fight Club NFTs with $BANK. The DAO NFT and CeresDAO Fight Club NFT will all receive an airdrop when CeresDAO IDOs its CRS token (1% of 1 trillion) in October. $CES stakers receive 80% of the CeresDAO Treasury revenue. Fight Club Treasury will receive 10% of every CeresDAO Fight Club NFT and $CES tokens minted by Fight Club members.
Background
CeresDAO is a digital asset management protocol that uses Beta and Alpha fund strategies to invest and grow the CeresDAO strategy. CeresDAO is governed by two tokens - $CES, the governance token of CeresDAO, and $CRS, a liquidity token of CeresDAO.
$CES tokens can be minted through: 1) swapping $BTC, $ETH, $BANK, etc. tokens in the VC Pool, and 2) bonding stablecoins - $USDT, $USDC, $BUSD. Members can swap $CES tokens for $CRS tokens at a 1:1 ratio.
The 10% of the funds from minting $CES are distributed to DAO NFT holders (5%) and Node NFT holders (5%).
Staking $CES or $CRS tokens will earn $CRS rewards.
A CeresDAO Fight Club NFT or Node NFT will distribute 50% of minting funds to the Ceres Treasury and 50% as a market reward. A Node NFT costs $200 usd and can be paid in $BANK.
The CeresDAO team:
- Founder, an OG BTC miner and is the original investor of CeresDAO
- Head of Research, ex-Huobi researcher
- Core DevOps - ex Coinbase
The current subDAOs within CeresDAO are:
- Marketing
- Branding
- Research
- Operations
Specifications
CeresDAO provides Fight Club with:
- A DAO and a Node NFT for free
- A referral link where Fight Club members can mint $CES tokens using $BANK, $USDT, $ETH, $DAI
CeresDAO Benefits
The benefits to CeresDAO are:
- Increased membership base
- Increase in Treasury via $CES and CeresDAO Fight Club NFT minting
The benefits to a DAO NFT holders are:
- 10% in $USDT mint royalties if Fight Club members mint a DAO or Node NFT
- 5% in $CES mint royalties if Fight Club members mint $CES
- Airdrop of $CRS tokens
The benefits to a Node NFT holders are:
- 10% in $USDT mint royalties if Fight Club members mint a DAO or Node NFT
- 5% in $CES mint royalties if Fight Club members mint $CES
- 10% in CRS daily rewards if Fight Club members stake $CES
- Airdrop of $CRS tokens
The benefits to a $CES holders are:
- $CES stakers are entitled to 80% of the treasury growth
The benefits to a $CRS holders are:
- $CRS stakers receive staking rewards
Fight Club Benefits
The benefits to Fight Club members are:
- Ability to mint $CES, DAO NFT, or Node NFT with $BANK tokens
Sentiment Poll
This poll is to approve of CeresDAO as a Fight Club community partner.