MeijiDAO Ecosystem
Main features and mechanisms
MeijiDAO ecosystem consists of features and mechanisms that support each other while creating new benefits for all parties involved in the ecosystem.
These main features and mechanisms are as followings:
Funding Pool
Staking
Yield Farming
Launchpad
MeijiDAO dashboard for user experience to interact with this platform
Main participants and relations
These sets of elements are chosen so they drive win/win situations between the parties involved in our ecosystem.
Investors and project teams
Token holders and stakers
Treasury and resources
Blockchain ecosystem products & services
In this whitepaper, we will go through all the core product features and mechanisms of the MeijiDAO ecosystem, one by one, and within each section we will explore how the parties involved in our ecosystem engage and gain mutual advantages through these particular dynamics.
All products of MeijiDAO are fully decentralized based on blockchain mechanism and closely related with each other
MeijiDAO's Tier system
MeijiDAO V1's Launchpad has a tier based system in regards to this
Tier 1 - 100 MEIJI : While there will be many token holders at this particular tier, the smart contract will randomly choose a particular number of token holders for whitelists before each IDO in this tier.
Tier 2 - 1000 MEIJI : Will be guaranteed allocation on this tier. The allocations on this tier will be higher compared to tier 1 as well.
Tier 3 - 10000 MEIJI: The allocations will be guaranteed on this tier, and will have highest allocation caps relative to all the other tiers.
Difference between Tier 2 and Tier 3 and how they are calculated: While tier 2 and tier 3 are both guaranteed allocations; tier 3 will have highest allocation caps per wallet, since the amount of people who are in tier 3 are much less compared to tier 2.
The allocations for each tier will be:
Tier 1: 34% Tier 2: 33% Tier 3: 33% For example, if an IDO is trying to raise 1 million USD, $340.000 will be allocated to tier 1, $330.000 will be allocated to tier 2, and $330.000 will be allocated to tier 3.
The calculation method for guaranteed tiers will be: Total Allocation For Tier divided by Total Amount of Wallets in that certain tier.
For example, if 1000 people are in tier 2, they will each get $3.300 allocations if the total cap for that tier is $330.000 in a certain IDO. And if for example, there are 100 people in tier 3 in the same IDO, they will each get $33.000 allocations.
These example numbers will vary for each IDO according to raise cap, and holders in tiers, although the calculation method described will be constant on every single IDO.
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