Apeiro is a DAO that builds mechanisms to solve the structural issues present in DeFi, DAO governance, and collaborative economies alike. In doing so, Apeiro seeks to empower builders and contributors to innovate on the future, incentivizing structures that economically promote producing value over all else. Apeiro establishes itself as a collaboration-centric microeconomic structure, wherein Apeiro acts as a decentralized structural entity, handling logistics, governance, and value accrual for contributors — acting as backing infrastructure for an ever-expanding ecosystem supported by efficient and innovative structures.

A prevalent issue found within DAO contribution today is how one can best extract value, how to pay contributors. Generally, DAOs have two options for accruing value back to core contributors, neither of which are ideal;

1. Payment in digital assets from the DAO’s treasury

   1. Dwindles treasury funds

   2. Restricts treasury utilization for the DAO

2. Payment from supply allocation of the DAO’s native token

   1. Misaligns incentives between DAO contributors and investors, as token allocation is used to pay contributors, new sellers appear on the market without any incentive for new buyers to absorb the newfound sell pressure (net-negative for protocol and investors, lose-lose).

Furthermore, neither solution contains a mechanism to economically incentivize preferable actions, such as governance participation and ecosystem contribution, these players can be seen as smaller DAO contributors, not being directly paid.

Apeiro seeks to remedy these issues, building structures to accrue value back to contributors proportionate to their contributions, and in such a way that isn’t negative for token price or the protocol — creating a holistic structure where each party can reap the fruits of their respective labor.

Apeiro’s collaborative mechanisms are enabled through our token, AERO. AERO functions as the protocol currency for Apeiro, enabling imaginative features and functionalities for the DAO and novel options for the holder, allowing for advanced incentives structures to reward collaboration.

AERO features a split-component locking mechanism, an alternative to the standard vote-escrow (veToken) model that rules current DAO governance structures. Typically, veTokens harbor both a value accruing aspect (share in protocol fees) and a governance aspect (veToken acts as governance token).

Split-component locking simply separates these aspects into their own respective tokens, creating two locked derivatives of AERO; reAERO (revenue-escrowed AERO) and geAERO (governance-escrowed AERO). Analogously to veTokens AERO lockers receive an equal amount of reAERO and geAERO, although splitting these components facilitates novel usecases and structures surrounding AERO and its holders.

reAERO acts as Apeiro’s value accrual mechanism, allowing autonomous and non-harmful value extraction for DAO and ecosystem contributors, proportionate to the value they produce. A percentage (decided by governance) of Apeiro’s treasury revenue is distributed into a revenue pool, which is automatically paid out to reAERO holders on a biweekly basis. Revenue redistributions are structured such that collaboration is incentivized, with revenue share being weighed against governance participation (35%) and ecosystem collaboration events (15%), with the base revenue share only making up 50% of the total accrued value.

This structure of weighing revenue share against preferable actions within the DAO incentivizes collaboration and active participation. Weight against governance is imperative, as it solves the voter-turnout issue that almost all DAOs face, where apathetic voters don’t participate in governance due to a lack of financial incentive. Weighing revenue share versus ecosystem contribution is equally essential, as it ensures that Apeiro is able to capture value in the ecosystem and reward holistically beneficial actions.

geAERO functions as the governing component of AERO’s derivative tokens, allowing holders to cast votes on DAO proposals and sway decisions equitably. Atypical of current DAOs, Apeiro does not utilize the standard ‘token voting’ structure (1 token = 1 vote), rather, we implement a novel governance structure, the exponential democracy. Exponential democracy serves to differentiate the value of a token and a vote, using geAERO as a marker to determine how many votes a voter is eligible to cast, with each vote costing exponentially more than the last — building a truly equitable DAO governance structure.

Apeiro’s protocol consists of a multitude of mechanisms designed to streamline efficiency, incentivize holistically beneficial action, and support an ever-expanding ecosystem, in a sense, the protocol acts as Apeiro’s backing, while the ecosystem acts as its future.

Apeiro aims to innovate on the DAO model itself via the introduction of the Apeiro Council, Apeiro’s primary logistical governing entity, entry to the Apeiro Council is gated by ownership of the Apeiro page, an ERC-1155D token. There are only 100 Apeiro pages, each of which carries a 1% voting power within the Apeiro council. The Apeiro page mint utilizes a staggered mint pattern to build its governing council over a short period and assimilate each member into the council properly (mint here, mint date TBD).

The Apeiro Council is an open collective of protocol governors who can provide private decision-making ability without losing equitability, striving to remedy two fundamental issues present under DAO governance;

1. Lack of capability for privacy in governance

   Say a project is seeking advisory aid, typically, it would be obsolete to turn to DAOs for aid, as their management structures are too open to properly support advisory aid. In cases such as this, the Apeiro Council can act as a private advisory entity, bolstering the DAOs reputation and reach while thickening our treasury (and redistributing value to reAERO holders), holistically beneficial.

2. Expectation that voters are adequately educated for every proposal

The Apeiro Council is built to handle logistical governance of the protocol, efficiently handling decisions that an average voter may not be adequately knowledgeable to make an educated decision on. Examples of this include a change to the fee structure of the protocol, the average voter may think this is aligned with their interests, as they benefit from lesser fees, but they may not understand the consequences of this action for other aspects of the structure.

Note that the council's decisions can be overturned by the DAO itself, logistical decisions are publically disclosed, and in the case of a proposal being put forward, voters could forcefully veto this change.

Apeiro Markets is Apeiro’s native decentralized NFT marketplace with a focus on the future of NFT and SBT (soul-bound token) projects, a marketplace suited for a future beyond PFP NFT collections. Apeiro Markets is built to tailor toward unique and outside-the-box projects, with optimized UI and UX for atypical NFTs throughout a variety of styles and mediums, beyond just art (i.e., audio NFTs, expansive art, generative art, SBTs).

With this in mind, Apeiro Markets is essentially Apeiro's bet on what the future of NFT markets will look like, and how Apeiro can provide a utility at the baselayer (platform level).

Apeiro Markets differs from the primary exchanges (Opensea, LooksRare, etc.) in that its medium of transaction is through AERO, rather than WETH or DAI (although those are accepted too).

Apeiro recognizes that the DeFi space is filled with brilliant minds and innovators, but many lack the resources necessary to actualize their visions, Apeiro Labs seeks to fix this issue by empowering those who seek to produce value, a holistically beneficial action. Apeiro Labs is a decentralized and community-driven incubation protocol for actualizing visions through collaboration for holistic benefit.

Analogous to most other incubation protocols, DAO members may submit project proposals to Apeiro Labs, the Apeiro Council aids to refine the project in its nascent stages, speaking with the team and providing feedback where necessary, and allowing founders to refine their ideas before incubation begins so that a polished proposal can be presented to the DAO and voted upon by geAERO holders.

Should a project proposal pass, the Apeiro treasury is then utilized to incubate this project, handling its startup costs, resource allocation, and if need be, directing human capital. Aside from financial aid, this sub-project becomes partnered with Apeiro, where the Apeiro Council acts as advisors for the project.

In return, the incubated project allocates an agreed-upon percentage of its assets, be that NFTs, tokens, or an outright stake in the project (earning proportional revenue share) to the Apeiro treasury.

This incentive structure builds an equitable, collaboration-based economy, where builders are empowered to produce value, and supporters may extract value proportionately (via reAERO) — incentivizing value production over 'player versus player' value extraction.

We are excited to embark on this journey in building a holistic future, and we hope that you join us :)

Soup

Follow us on Twitter: @0xApeiro Read the docs: docs.apeiro.fi Build the future with us on Discord

edition://0x4f9fa8171519f2705fF7D1854B4266B0366af3F5?editionId=0

Apeiro is a DAO that builds mechanisms to solve the structural issues present in DeFi, DAO governance, and collaborative economies alike. In doing so, Apeiro seeks to empower builders and contributors to innovate on the future, incentivizing structures that economically promote producing value over all else. Apeiro establishes itself as a collaboration-centric microeconomic structure, wherein Apeiro acts as a decentralized structural entity, handling logistics, governance, and value accrual for contributors — acting as backing infrastructure for an ever-expanding ecosystem supported by efficient and innovative structures.

A prevalent issue found within DAO contribution today is how one can best extract value, how to pay contributors. Generally, DAOs have two options for accruing value back to core contributors, neither of which are ideal;

1. Payment in digital assets from the DAO’s treasury

   1. Dwindles treasury funds

   2. Restricts treasury utilization for the DAO

2. Payment from supply allocation of the DAO’s native token

   1. Misaligns incentives between DAO contributors and investors, as token allocation is used to pay contributors, new sellers appear on the market without any incentive for new buyers to absorb the newfound sell pressure (net-negative for protocol and investors, lose-lose).

Furthermore, neither solution contains a mechanism to economically incentivize preferable actions, such as governance participation and ecosystem contribution, these players can be seen as smaller DAO contributors, not being directly paid.

Apeiro seeks to remedy these issues, building structures to accrue value back to contributors proportionate to their contributions, and in such a way that isn’t negative for token price or the protocol — creating a holistic structure where each party can reap the fruits of their respective labor.

Apeiro’s collaborative mechanisms are enabled through our token, AERO. AERO functions as the protocol currency for Apeiro, enabling imaginative features and functionalities for the DAO and novel options for the holder, allowing for advanced incentives structures to reward collaboration.

AERO features a split-component locking mechanism, an alternative to the standard vote-escrow (veToken) model that rules current DAO governance structures. Typically, veTokens harbor both a value accruing aspect (share in protocol fees) and a governance aspect (veToken acts as governance token).

Split-component locking simply separates these aspects into their own respective tokens, creating two locked derivatives of AERO; reAERO (revenue-escrowed AERO) and geAERO (governance-escrowed AERO). Analogously to veTokens AERO lockers receive an equal amount of reAERO and geAERO, although splitting these components facilitates novel usecases and structures surrounding AERO and its holders.

reAERO acts as Apeiro’s value accrual mechanism, allowing autonomous and non-harmful value extraction for DAO and ecosystem contributors, proportionate to the value they produce. A percentage (decided by governance) of Apeiro’s treasury revenue is distributed into a revenue pool, which is automatically paid out to reAERO holders on a biweekly basis. Revenue redistributions are structured such that collaboration is incentivized, with revenue share being weighed against governance participation (35%) and ecosystem collaboration events (15%), with the base revenue share only making up 50% of the total accrued value.

This structure of weighing revenue share against preferable actions within the DAO incentivizes collaboration and active participation. Weight against governance is imperative, as it solves the voter-turnout issue that almost all DAOs face, where apathetic voters don’t participate in governance due to a lack of financial incentive. Weighing revenue share versus ecosystem contribution is equally essential, as it ensures that Apeiro is able to capture value in the ecosystem and reward holistically beneficial actions.

geAERO functions as the governing component of AERO’s derivative tokens, allowing holders to cast votes on DAO proposals and sway decisions equitably. Atypical of current DAOs, Apeiro does not utilize the standard ‘token voting’ structure (1 token = 1 vote), rather, we implement a novel governance structure, the exponential democracy. Exponential democracy serves to differentiate the value of a token and a vote, using geAERO as a marker to determine how many votes a voter is eligible to cast, with each vote costing exponentially more than the last — building a truly equitable DAO governance structure.

Apeiro’s protocol consists of a multitude of mechanisms designed to streamline efficiency, incentivize holistically beneficial action, and support an ever-expanding ecosystem, in a sense, the protocol acts as Apeiro’s backing, while the ecosystem acts as its future.

Apeiro aims to innovate on the DAO model itself via the introduction of the Apeiro Council, Apeiro’s primary logistical governing entity, entry to the Apeiro Council is gated by ownership of the Apeiro page, an ERC-1155D token. There are only 100 Apeiro pages, each of which carries a 1% voting power within the Apeiro council. The Apeiro page mint utilizes a staggered mint pattern to build its governing council over a short period and assimilate each member into the council properly (mint here, mint date TBD).

The Apeiro Council is an open collective of protocol governors who can provide private decision-making ability without losing equitability, striving to remedy two fundamental issues present under DAO governance;

1. Lack of capability for privacy in governance

   Say a project is seeking advisory aid, typically, it would be obsolete to turn to DAOs for aid, as their management structures are too open to properly support advisory aid. In cases such as this, the Apeiro Council can act as a private advisory entity, bolstering the DAOs reputation and reach while thickening our treasury (and redistributing value to reAERO holders), holistically beneficial.

2. Expectation that voters are adequately educated for every proposal

The Apeiro Council is built to handle logistical governance of the protocol, efficiently handling decisions that an average voter may not be adequately knowledgeable to make an educated decision on. Examples of this include a change to the fee structure of the protocol, the average voter may think this is aligned with their interests, as they benefit from lesser fees, but they may not understand the consequences of this action for other aspects of the structure.

Note that the council's decisions can be overturned by the DAO itself, logistical decisions are publically disclosed, and in the case of a proposal being put forward, voters could forcefully veto this change.

Apeiro Markets is Apeiro’s native decentralized NFT marketplace with a focus on the future of NFT and SBT (soul-bound token) projects, a marketplace suited for a future beyond PFP NFT collections. Apeiro Markets is built to tailor toward unique and outside-the-box projects, with optimized UI and UX for atypical NFTs throughout a variety of styles and mediums, beyond just art (i.e., audio NFTs, expansive art, generative art, SBTs).

With this in mind, Apeiro Markets is essentially Apeiro's bet on what the future of NFT markets will look like, and how Apeiro can provide a utility at the baselayer (platform level).

Apeiro Markets differs from the primary exchanges (Opensea, LooksRare, etc.) in that its medium of transaction is through AERO, rather than WETH or DAI (although those are accepted too).

Apeiro recognizes that the DeFi space is filled with brilliant minds and innovators, but many lack the resources necessary to actualize their visions, Apeiro Labs seeks to fix this issue by empowering those who seek to produce value, a holistically beneficial action. Apeiro Labs is a decentralized and community-driven incubation protocol for actualizing visions through collaboration for holistic benefit.

Analogous to most other incubation protocols, DAO members may submit project proposals to Apeiro Labs, the Apeiro Council aids to refine the project in its nascent stages, speaking with the team and providing feedback where necessary, and allowing founders to refine their ideas before incubation begins so that a polished proposal can be presented to the DAO and voted upon by geAERO holders.

Should a project proposal pass, the Apeiro treasury is then utilized to incubate this project, handling its startup costs, resource allocation, and if need be, directing human capital. Aside from financial aid, this sub-project becomes partnered with Apeiro, where the Apeiro Council acts as advisors for the project.

In return, the incubated project allocates an agreed-upon percentage of its assets, be that NFTs, tokens, or an outright stake in the project (earning proportional revenue share) to the Apeiro treasury.

This incentive structure builds an equitable, collaboration-based economy, where builders are empowered to produce value, and supporters may extract value proportionately (via reAERO) — incentivizing value production over 'player versus player' value extraction.

We are excited to embark on this journey in building a holistic future, and we hope that you join us :)

Soup

Follow us on Twitter: @0xApeiro Read the docs: docs.apeiro.fi Build the future with us on Discord

edition://0x4f9fa8171519f2705fF7D1854B4266B0366af3F5?editionId=0