The founding team is proposing to contribute all of the earnings from the initial mint window (13.12.21) to the WDAO treasury and deposit it into Freeway to kick off its activity. This governance proposal to partner with Freeway.io aims to achieve the following:
1. Increasing treasury funds - Earning up to 43% annual rewards on staking the existing treasury (In order to maximize the yield, there’s an optional notice period of 30 days). 2. Rewarding our community - Anyone enrolling using the Wombat DAO unique affiliate link will receive an additional 2% annual reward for two years. 3. Creating a sustainable DAO - the Wombat DAO will earn an additional 8% of the annual rewards earned by anyone using its referral link for the first two years (it is an additional earning and will not be deducted from the referred account). This will ensure an ongoing passive income to the WDAO.
Few notes: Our trust level is very high - the founding team has been working with Freeway.io for a while now and knows their founders in person. Like everything in the investment world - this is by no means a recommendation to use Freeway.io or invest your money. Always do your own research and acknowledge the risks associated with it.
You can visit Freeway to learn more.