DYOR TOKEN LAUNCH

Dear DYORDAO members,

As you already know, our DAO is moving toward the token release and the activation of the NAP protocol (as mentioned in the last vote).

This event isn’t happening because it’s the perfect moment, but because we collectively agreed in the previous vote that it should.

Now, there’s an idea that could make the launch smoother and give our contributors more options.

The idea is as follows:

We propose releasing the token and waiting for the DECASWAP launch, which will undoubtedly fuel DYORDAO. There is hope that this will happen within the next six months.

During this time (200 days), we suggest implementing NAP vesting via a "fee."

What this means:

NAP is guaranteed liquidity protocol, allowing users to swap their NFTs for tokens without waiting for a buyer.

On day 1 of activation, the "fee" will be 99%, incentivizing holding. That means on day one, swapping will only give 1% of the NFT’s value in tokens. On day two, it’s 98.5%, on day three 98.0%, and so on, until by day 200, the fee will be just 2% for the collection + 2.5% for the protocol, totaling 4.5% (still better than Magic Eden).

What to do with these "fees" — that’s for the DAO decide:

• burn them • send them to the treasury • distribute them to those who continue to hold their NFTs

DAO could even do all of the above, dividing them by percentages — whatever the community decides.

So, the choice is ours:

Yes — to support vesting via "fee" to balance the NFT while DAO wait for DECASWAP to take off. No — to disagree with the proposal.