# introducing: DeFi Kingdoms "Bloaters Dao" 

By [Bloaters Dao](https://paragraph.com/@bloaters-dao) · 2022-01-07

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![pink bloater, blue bloater, purple bloater, swag](https://storage.googleapis.com/papyrus_images/4686ea9192652dcb85c96dc40187e8fd475051fa735522df5f9f29d440b02600.png)

pink bloater, blue bloater, purple bloater, swag

> “MOM! GET THE CAMERA -- I CAUGHT A BLOATER”
> 
> \- said nobody ever

**Bloaters**: the scum of DeFi Kingdom’s waters

![bloaters suck](https://storage.googleapis.com/papyrus_images/61d4a70a1d5d081c92cd86cf32a8d70fa2d81704707229a9e5379ec6f018adf6.png)

bloaters suck

1 Bloater = nothing

x Bloaters = something

**POWER/VALUE IN NUMBERS**

**Bloaters Dao** is simple. DFK players send their Bloaters (and/or other DFK items) to the **Bloaters Dao** treasury in exchange for dao tokens that assign voting power over how the dao deploys the accumulated funds in the treasury.

![Bloaters Dao = cool](https://storage.googleapis.com/papyrus_images/0cf361db59218a9d3617621e118006f09ad1de4ea43daefff084fde9c4d3b1f9.png)

Bloaters Dao = cool

Bloater Dao is built on the Aragon protocol on Harmony blockchain and can be found here: [Bloaters Dao](https://client.aragon.org/#/bloatersdao/)

To donate to the treasury, and receive Bloater Dao tokens in return, navigate to the “Finance” tab and click “New Transfer”

![deposit DFK items into the treasury for dao tokens](https://storage.googleapis.com/papyrus_images/6b9efbb6662c9fa8c2c2d9453a3437e6e6c13011985e3e5127b0c0d65fb11917.png)

deposit DFK items into the treasury for dao tokens

Select “DFKBLOATER” or whichever DFK item you’d like to deposit, enter amount submit deposit

![note: to deposit DFK items not on the list, click “other” and enter token contract address](https://storage.googleapis.com/papyrus_images/580d1ef4ddde36863d42145400ac867f76355a2e3ff5ef3344fc02856002187d.png)

note: to deposit DFK items not on the list, click “other” and enter token contract address

Upon deposit of DFK items into the treasury, a proposal to send dao tokens to the address that deposited will be created and voted upon. The DFK item → dao token conversion is identical to the Vendor’s prices in gold at the Marketplace.

![receive $BLOAT in exchange for treasury deposits](https://storage.googleapis.com/papyrus_images/33d14cbf238d7b83c814abfe672d70bac489534b1fdf68ab854beeae69b32be2.png)

receive $BLOAT in exchange for treasury deposits

Token mint proposals are voted upon and dao tokens are sent once it passes

![closed (passed) token mint proposal ](https://storage.googleapis.com/papyrus_images/112b6009a1cfa810d7a1dc92a8517d36f7a4b72cdfbed603084d681fa1268608.png)

closed (passed) token mint proposal

**Bloaters Dao**:

[https://client.aragon.org/#/bloatersdao/](https://client.aragon.org/#/bloatersdao/)

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*Originally published on [Bloaters Dao](https://paragraph.com/@bloaters-dao/introducing-defi-kingdoms-bloaters-dao)*