FireDAO
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  • FireDAO
  • 1. FireDAO Overview
    • 1.1 FireDAO Profile
      • 1.1.1 FAQ
    • 1.2 Mainnet Launch Announcement
    • 1.3 FireDAO Github
    • 1.4 Founding Team
    • 1.5 Get Started
      • 1.5.1 Minting PID to Obtain Forum ID
      • 1.5.2 Zealy Early Contributors Program
      • 1.5.3 Forum Bounty Program
      • 1.5.4 FireDAO Community Volunteers
    • 1.6 Development History and Milestones
      • 1.6.1 Development History
      • 1.6.2 Milestones
      • 1.6.3 Annual Roadmap
    • 1.7 Social Media
    • 1.8 Marketing and Partnerships
    • 1.9 Articles and Media Coverage
      • 1.9.1 Media Coverage of Rainbow City
      • 1.9.2 Media Coverage of FireDAO
      • 1.9.3 Historical Articles by RainbowKun
  • 2. The Construction of FireDAO
    • 2.1 Decentralized Society & Web3’s Soul
    • 2.2 The Essence of "Bit Civilization"
    • 2.3 Creation and Mission of RainbowCity
    • 2.4 Creation and Mission of FireDAO
    • 2.5 Phoenix Rebirth: Rising from the Ashes
  • 3. Overview
    • 3.1 Positioning
    • 3.2 Philosophy: Vision, Mission, Values
    • 3.3 Introduction of the Tokenomics
    • 3.4 How to join FireDAO
    • 3.5 FID and On-chain Reputation
    • 3.6 Community Activities
    • 3.7 Expansion of FireDAO Ecosystem
  • 4. Tokenomics
    • 4.1 Three Ecological Tokens
    • 4.2 Soulbound Account and FID Reputation System
    • 4.3 Introduction of Seven SBTs
    • 4.4 FDT Initial Issuance Plan
    • 4.5 FLM Initial Issuance Plan
    • 4.6 Ecological Revenue Sources for RainbowCity Treasury
    • 4.7 Allocation of RainbowCity Treasury Revenue
  • 5. Operational Structure
    • 5.1 FireSeed Invitation & Referral System
    • 5.2 Guild System
    • 5.3 Citynode System
    • 5.4 Global Community Management System
    • 5.5 Ecology Forum
    • 5.6 FLM Soul Airdrop and Rewards
    • 5.7 FDT Liquidity LP Mining
    • 5.8 FDT Lock-up Mining
  • 6. Community System
    • 6.1 Community Governance
      • 6.1.1 Governance Structure
      • 6.1.2 Proposal Threshold
      • 6.1.3 Voting Delegation
      • 6.1.4 Voting Execution
      • 6.1.5 Voting Result
      • 6.1.6 Result Execution
      • 6.1.7 Guardians Contract
    • 6.2 Community Participation and Contribution Guide
    • 6.3 Ecosystem Partners and Collaborative Projects
    • 6.4 Community Events and Competitions
    • 6.5 Community Support and User Services
  • 7. FireDAO Technical and Design
    • 7.1 Development Overview
    • 7.2 Development Structure
    • 7.3 Development Documentation and Sample Code
    • 7.4 Decentralized Data Storage
    • 7.5 Integration and Extensibility Interfaces
    • 7.6 User Guides & Tutorials
    • 7.7 Frontend Files and Tutorials
    • 7.8 Contract Risks and Audits
    • 7.9 Subgraphs and Decentralized Indexing
  • 8. Risk Management and Security
    • 8.1 Project Risks and Considerations
    • 8.2 Data Security and Privacy Protection
    • 8.3 Smart Contract Audit and Security
    • 8.4 Community Governance and Risk Management
  • 9. Legal Compliance and Disclaimer
    • 9.1 Legal Compliance and Regulatory Requirements
    • 9.2 Disclaimer and Limitation of Liability
    • 9.3 Intellectual Property and Open Source Licenses
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  1. 4. Tokenomics

4.4 FDT Initial Issuance Plan

FDT Initial Issuance Plan (Total Supply: 10 billion tokens)

FDT Initial Issuance Plan (Total: 10 billion)

Type
Proportion
Quantity
Lock-up Terms and Regulations

1. FireDAO Community Treasury

20%

2 billion

This share belongs to the community and it is jointly owned by community members. This part is initially completely locked for three years, unlocked at a daily rate afterwards, and it will be released linearly within about 18 years. Before the community governance DAO is activated, the RainbowCity Foundation manages this share on behalf of the community, and all uses need to be announced to the community; after the community governance DAO is enabled, the use of this portion will be decided by a referendum.

2. FireDAO Community Contributions Exchange

15%

1.5 billion

This share belongs to the community and is specially used to the exchange of FLM tokens. The incentive token FLM is exchanged into FDT, and the exchanged FDT will be released linearly at the rate of one per block until fully released within a two-year timeframe. If this share is used up, community can apply for an increase from the FireDAO treasury.

3. FireDAO Community Ecological Guarantee Funds

10%

1 billion

This share is specially used to solve the ecological crisis. This part is initially completely locked, unlocked at a daily rate, and released linearly in about 21 years. Before the community governance DAO is activated, the RainbowCity Foundation manages this share, and all uses need to be publicized to the community; when the community governance DAO is activated, the resolution of the ecological crisis will be determined by a referendum.

4. FireDAO Community Consensus Donation Pool

10%

1 billion

This share is used for consensus donation issuance and is automatically controlled by smart contracts. Anyone can donate funds to this pool to exchange for FDT according to the ladder curve price.

This consensus donation pool mainly provides entry channels for institutional investors and long-term value investors.

Establish a consensus donation pool, inject 1 billion FDTs into the pool, divided into 1000 rounds, each round of 1 million FDTs. The price of each round is incremented from the previous round until the exchange is completed. The exchanged FDTs are unlocked at the rate of each block, and the linear release is completed in about one year. When the price of the secondary market is higher than the price of the consensus pool, some institutional investors or long-term value investors will choose to exchange FDTs from the consensus pool because of the consensus, and hold FDTs for a long time, which can increase continuous income for the entire ecology.

5. RainbowCity Foundation

20%

2 billion

This share belongs to the RainbowCity Foundation and it will be arranged by the RainbowCity Foundation to develop the overall ecology of RainbowCity. This part is initially completely locked for three years, unlocked at a daily rate three years later, and it will be released linearly within about 18 years. The usage of this share does not need to be announced to the community.

6. FireSeed Labs

15%

1.5 billions

The RainbowCity Foundation authorizes FireSeed Labs to develop and manage FireDAO, and this share belongs to the FireSeed Labs team. This part is initially completely locked for three years, unlocked at a daily rate afterwards, and it will be released linearly within about 18 years. The usage of this share does not need to be announced to the community.

7. OG contributors

5%

0.5 billion

It is mainly used for the allocation of early investors, core community members, consultants, strategic partners, etc. This part is controlled and used by the RainbowCity Foundation, and its use does not need to be announced to the community.

8. Seed Donation Pool

5%

0.5 billion

This share is mainly used for investors in the Seed Donation Pool, and the specific policies will be announced when the project is officially launched.

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Last updated 1 year ago

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