All earnings from all pass pools will be pooled together and compounded into various APE earning mechanisms. The gains made in this compounded pool will be distributed to the DAO wallet and every passholder will recieve an equal share of the rest.
This proposal is to decide on a fair percent distribution for how much should be sent back to the DAO and how much should we set aside to be equally distributed to all holders from the compounded yield pool.
Keep in mind this is only for Quarter 1, we believe a higher share going to the DAO in the beginning as we are starting out will benefit on how many assets we can acquire which in turn will result in more yields to pass holders in long run. A larger share for the DAO in Quarter 1 also means we won’t have to depend as heavily on minting as our main source for funds in order to keep growing.