How it works

1. Fundraising: DAO managers raise ETH to launch a fund. They have full discretion over how they trade and invest the raised ETH.

2. Token Minting: An ERC20 token is created for the DAO:

• A minimum of 10% of total supply and funds raised will be locked and used to add to a 1% Reservoir DEX liquidity pool.

3. Fund Expiry & Distribution: Each fund has an expiry date, at which point trading stops, and the treasury's assets are distributed pro rata to token holders. The fund manager can extend the expiry date at any time.