DAO Business Model
Last updated
Last updated
The DAO generates revenue through various infrastructure investments as well as pre-seed and seed investments. These earnings are directed to an automated distribution smart contract, which redistributes the funds to the designated recipients. The percentage allocation will be subject to a quarterly vote, allowing the DAO to reallocate funds as needed.
Puffer Finance:
The DAO operates full Ethereum Validators with unique Anti-Slashing technology. Revenue is earned in ETH and various restaking rewards. The system employs risk assessment technology by Nethermind, ensuring the safety of restaking deployment at all times. EigenLayer:
The DAO will operate its own EigenLayer Operator Node. By partnering with other DAO treasuries, we plan to attract various LSTs to our Operator. The DAO Managing Council will decide which AVS will gain access to the ETH we manage. Our Operator Nodes earn a commission from the AVS tokens. Once Puffer Finance enables certain updates, we will select our own EigenLayer Operator as the restaker for our Puffer Finance Validators. This allows us to leverage our earnings.
XAI Nodes:
The DAO is currently operating XAI Node Staking Pools (ALPHA1 - 7). We currently host approximately 5,000 XAI Node Keys. The DAO charges a management fee, which is received in esXAI tokens. These tokens can be converted into tradable XAI tokens after 180 days. Pre-Seed/Seed Investments:
The DAO will participate in early-stage crypto ventures. Through strategic investments, the DAO aims to secure favorable token allocations. The Managing Council will be responsible for the deal flow and filtering process.