BananaDAO aims to issue a token to help some high-quality Web3 projects enter a state of healthy development with a decentralized protocol layer. This token system will be used for the voting governance power and economic circulation system of the entire DAO. The goal of Banana DAO is to manage the growth and development of the project ecosystem in a fair, just and open manner.
Banana DAO will use the ecosystem fund controlled by the multi-signature wallet to pay related fees according to the decisions of the entire Banana DAO organization, and provide infrastructure for Banana Token holders, through open and rigorous governance processes with project parties and holders to collaborate.
As the only valid token that BananaDao issued, its mission is to reward community members based on their contributions.
This includes all the Web3 builders and ApeU NFT collectors who have settled in Backyard.
For more information, please refer to:
**https://bananadao.notion.site/ApeU-Lightpaper-be7aa12ed062461c93333a7ec68c831b**
For holders of ApeU NFT, there will be priority airdrop weights. They also will be part of Backyard's start-up members and empower each other with the Backyard platform.
As a DAO, the most important thing is to encourage token holders to exercise their voting rights and implement specific matters according to the voting results. Whether you are an famous Web3 builder or a freelancer work from home, at BananaDao, we are committed to building a decentralized Web3 related knowledge-sharing community to achieve the most public ideals with a non-public nature.
Community members exercising their voting rights and providing contribution to BananaDAO are the two important ways to get more airdrop distributing weight of Banana token.
Backyard platform divide each Web3 builders community into an independent group, and the communities of these independent groups are unrelated to each other. We realize the independent value of each Web3 builder in a fair and open manner. The purpose of this design is to make the DAO truly composed of every community member, not by an agent.
The uncertainty of the world is increasing every day. Epidemic viruses, anti-globalization, and unpredictable regional conflicts are affecting our nerves every day. With the mechanism of decentralization, let the supply and demand find each other. Let the most suitable Web3 content leads the most desirable subscriber according to their proper aptitude. BananaDAO is never about obtaining a cramming diploma, but truly achieving the goal of mastering the relevant knowledge in the fastest time at the level of real-field operation and practice.
In the future, with the development of BananaDAO, this tokenized economic system will be used not only for the Backyard project or Backyard's cooperative project ApeU NFT, but also for all excellent Web3 projects recognized by the entire DAO. Banana token will be the general token of BananaDAO.
Pay attention to privacy protection; insist on operating and management on a decentralized blockchain; defend the due rights of every party participating in BananaDAO community, these are our fundamental rules.
At BananaDAO, "Code is law" means that no one can change the rules set in advance. It can be used to achieve the true meaning of “Web3 knowledge-sharing for Web3 builders”.