๐Ÿ’ฐNEO DAO Treasury

In order to ensure dividends to NEO DAO members and ensure the safety of NEO X and NEO Dash users, as well as future developments, daily maintenance, server security, platform compliance (AML/KYC), and the proper functioning of NEO DAO, the funds raised from the sale of LP Tokens will be allocated as follows:

  • 20%: All fixed costs for maintenance, security, server, etc.

  • 20%: Future development of NEO X/NEO Dash and acquisition of new licenses and/or companies.

  • 2%: Compliance department (AML and KYC)

  • 8,4%: Emergency fund for unforeseen expenses.

  • 20%: Remains in NEO DAO treasury

  • 23%: Redistributed to LP Token holders

  • 6,6% for NEO BURN EVENT. Every month, 10% of profits are set aside to be used quarterly in "NEO BURN EVENTS". This is because every quarter, NEO DAO uses 30% of its profits to repurchase and destroy NRT tokens.

A vote will be created for the community to approve this distribution of the NEO DAO treasury according to the quorum of 51%.

Disclaimer: The information provided on this page (and/or video) is for informational purposes only and does not constitute investment advice or financial advice. It is important for each individual to conduct their own research and verify the accuracy of the information. It is recommended to consult with your financial advisor before making any investment. My NEO Group or any other brand or company associated with NEO is only an external provider to NEO DAO, which is managed and owned by NEO DAO (decentralized autonomous organization) and does not guarantee any results and disclaims any liability.

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