Cult DAO seeks to fast forward the collapse of the global economic order and to fund the revolutionaries seeking the same goal.

The top 50 CULT stakers are The Guardians.

These Guardians can submit proposals to the DAO, but they cannot influence the vote. The votes can be made by all CULT stakers who are not Guardians. Votes pass based on token share Yes vs No.

These proposals put forward should be requests for investment from protocols which match all or most of the below criteria;

-Fight Against Centralisation

-Further the Cause of Decentralisation

-Directly Benefit a Noble Cause

The DAO can then vote on whether they believe the investment should be granted. There is also a burning mechanism in place that works as an incentive.

For every 15.5 Eth of CULT raised, 2.5 Eth is burned, and 13 Eth goes to the investee protocol or cause.

The investee token is redistributed as per the proposal, with the full distribution swapped to the CULT token at the agreed rates of dispursement. E.g. once a day, week or month.

50% of that CULT is immediately sent to a burn wallet, with the other 50% redistributed proportionally to all stakers of CULT.

Cult DAO seeks to fast forward the collapse of the global economic order and to fund the revolutionaries seeking the same goal.

The top 50 CULT stakers are The Guardians.

These Guardians can submit proposals to the DAO, but they cannot influence the vote. The votes can be made by all CULT stakers who are not Guardians. Votes pass based on token share Yes vs No.

These proposals put forward should be requests for investment from protocols which match all or most of the below criteria;

-Fight Against Centralisation

-Further the Cause of Decentralisation

-Directly Benefit a Noble Cause

The DAO can then vote on whether they believe the investment should be granted. There is also a burning mechanism in place that works as an incentive.

For every 15.5 Eth of CULT raised, 2.5 Eth is burned, and 13 Eth goes to the investee protocol or cause.

The investee token is redistributed as per the proposal, with the full distribution swapped to the CULT token at the agreed rates of dispursement. E.g. once a day, week or month.

50% of that CULT is immediately sent to a burn wallet, with the other 50% redistributed proportionally to all stakers of CULT.