[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![AzFlin Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3208751003.png) AzFlin 🌎 [@AzFlin](/creator/twitter/AzFlin) on x 20.4K followers
Created: 2024-12-21 00:08:30 UTC

How @daosdotworld works:

X. DAO managers raise ETH to start a fund. The manager is free to trade and invest that ETH any way they wish.
X. An ERC20 token is minted for the DAO with 1.1B total supply: 1B to fundraisers and 100M to a X% univ3 pool. Price of this pool can't drop below amount of ETH raised.
X. The fund has an expiry date, which is when trading halts and the treasury's assets is distributed pro rata to token holders. Managers may extend the expiry date at any time.

Technical Details:
- The DAO treasury is custodied in a smart contract. The manager is able to call an onlyOwner execute() function on this SC that lets it call any other contract.
- Fund managers receive XXX% of all trading volume on their token, and potentially carry on profits at fund expiry.
- The univ3 liquidity NFT is locked away until fund expiry.

Thank you for coming to my Ted Talk.


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1870260016554352805/c:line.svg)

**Related Topics**
[100m](/topic/100m)
[1b](/topic/1b)
[token](/topic/token)
[investment](/topic/investment)
[coins dao](/topic/coins-dao)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/AzFlin/status/1870260016554352805)