The Investment DAO
The investment governance process (Investment DAO) is the investment arm of the Rebellion Protocol project, which allocates the funds that are in the Rebellion Investment Wallet.
- The Protectors, composed of the Top 50 REBL DAO NFT holders, are eligible to make investment proposals
All REBL DAO NFT holders are Rebels and together they form The Rebellion. Yet only the top 50 REBL DAO NFT holders get granted the status of "Protectors".
Protectors of the Rebellion are tasked with safeguarding which proposals are sent to the Rebels to be voted upon. Due to their larger weighting and token share, Protectors are NOT allowed to vote on the investment proposals they bring before the Rebellion, they may discuss the proposals as much as they please but only their voice may influence Rebels, not their wealth.
- The Rebels, composed of all REBL DAO NFT holders, except Protectors, are eligible to vote on investment proposals
It takes four steps to make an investment into a project.
A proposal must include the following information:
- 1.The investment project name
- 2.A description of the project
- 3.All links to the project (incl. website, whitepaper, socials accounts, etc.)
- 4.Investors/backers (if any)
- 5.Token economics (if any)
- 6.Proposed amount to be invested (in BUSD) in the project and why
- 7.Reasons why the Rebellion fund should invest
- 8.The divestment threshold (target value)
The investment amount cannot exceed 20'000 BUSD. The maximum investment amount is set to grow with the project's growth in value.
The divestment threshold is the target value expressed as a percentage of initial investment, after which the project will automatically divest the asset. For example; threshold is at 200% of initial investment of $100'000. Once the investment reaches a value of $200'000, it is automatically sold.
For every investment granted, an extra 15% of the investment amount is taken from the investment wallet and sent to a burn wallet.
Maximum Number of Proposals
A maximum of two proposal can be put to vote concurrently. Proposals are executed by order of entry.
When an investment proposal is submitted, the proposal is reviewed to make sure it fits the requirements.
The community should take time to review the proposal and discuss it over the project’s official channels, Telegram being the main channel to discuss Investment proposals.
After it passes the review, the proposal is published. The proposal is then in a pending stage for five (5) days, during which Rebels are not yet able to vote. The goal is to discuss the proposal.
After the pending stage is over, the proposal becomes active for two (2) days for all Rebels to vote. “Yes”, “No” or "Abstention" votes may be cast during the voting period. Only REBL DAO NFT holders are eligible to vote (except for the top 50 NFT holders) and the weight of their vote corresponds to all voting rights given by all NFTs held by the address casting the vote.
Any Rebel holders may change its vote during the voting period. Only REBL DAO NFT holders who are not in the Top 50 holders are eligible to vote. $REBL (token) holders will not be entitled to vote, voters must have NFTs. To get NFTs stake your $REBL (more info here).
Quorum: A minimum of 20% of total REBL DAO NFT voting rights must be cast to achieve Quorum.
Acceptance: Acceptance is reached when 50% of votes + 1 vote, of total votes made for this proposal, are in favor of the proposal.
For the proposal to be successful and enacted, both Quorum and Acceptance must be reached.
After a proposal is successful (50% + 1 vote of total votes cast a "yes" vote), the project will invest from its Investment Wallet in the proposed project with the proposed amount. The team is responsible for the execution of investment proposals.
For every investment made, an extra 15% of the investment amount is taken from the Investment Wallet and sent to a burn wallet. This ensures the $REBL token supply continually goes down.
If the Investment Wallet does not have enough funds to make the proposed investment + the 15% Burn, the project will wait until the Investment Wallet has enough tokens to make the investment and invest as soon as the Investment Wallet has enough funds.
- 1.Pre-sale participation
- 3.Investing in any crypto currencies/assets or tokens (including NFTs)
- 4.Investing in infrastructure & partnerships (as per Rebellion Capital's needs)