To back the $DYSC with the DAO Treasury.

What does treasury backing mean? -Much like company shares in the real world, a treasury-backed token is one that is given intrinsic value based on the assets held within the treasury. As the treasury grows, through yield-farming (capital deployment), royalty fees from NFTs and mint costs, so too does the intrinsic value of $DYSC. Essentially, $DYSC holders will own the treasury and the DYSC company, ensured by the multisig partners. This gives real usecase to the token itself beyond voting rights and any other usecases that the DAO decides to give it.

What does this mean for the DYSC DAO? In essence, this will spark the creation of an innovative staking model and positive feedback loop for DYSC NFTS and the $DYSC token. OHM and its numerous forks have successfully used a treasury-backed tokenomics model to incentivise staking and holding. In our case, however, it would look slightly different: users would need to stake their NFTs in PolyientX to earn more $DYSC in order to maintain their proportion of the treasury. If they want to increase their proportion of the treasury, they would need to purchase or mint more DYSC NFTs and stake them to earn more $DYSC. This not only increases the treasury through royalty fees and minting (and therefore the value backing $DYSC) but also would help dilute larger $DYSC holders. This makes DYSC an interesting long-term investment as, over time, new members can dilute the old, while helping to grow the treasury simply by buying or minting DYSC NFTs. It also creates DYSC NFT scarcity as people are going to be more likely to stake, subsequently raising the floor price. Assuming just these 3 forms of revenue (capital deployment, NFT royalties, and minting), we can raise the value proposition of the $DYSC token and the project as a whole.

How would it work? Like most treasury-backed tokens, if this vote is passed, the multisig partners would ensure that $DYSC token is backed by the treasury. Simply put, there would be no function that allows for people to redeem the underlying assets at any given moment.

While other value propositions and usecases for $DYSC and DYSC NFTs are certainly pivotal, this creates a solid foundation on which to build.