DAO Funds
DAO-managed resources are divided into three funds:
The DAO Treasury
The Platform Growth Fund
The Underwriting Pool
This separation offers two key advantages: first, each of these funds has a focused objective on what activities they fund; second, the separation enables each fund, in the future, to elect their own Committees, further assisting in the decentralization of the control of Plano as the ecosystem grows.
Initially, the Treasury Committee will be responsible for all three of these funds and will hold and manage all PLANO and PLAYA tokens not sold or awarded to the team.
DAO Treasury
The DAO Treasury funds are allocated toward operational expenses and grants related to:
The development and management of the Plano platform and associated services
Committee expenses
Governance participation
Grants DAO
Community DAOs
The DAO Treasury also receives perpetual funding from Plano’s revenue sources.
Treasury Diversification
Holding a diverse reserve of currencies enables the DAO Treasury to provide Treasury-as-a-Service functions for internal funding and grant requirements. This approach also allows the DAO Treasury to swap PLAYA against its own diverse assets and/or buy and sell PLAYA on the market as required.
Platform Growth Fund
The Platform Growth Fund will be responsible for allocating all Rewards. To begin, funds will be awarded to the onboarding of Proxy and Permissioner participants within new jurisdictions, as well as new communities.
Underwriting Pool
The purpose of the Protection Pool is to underwrite defi activities on properties that exist within Communities. This is a long term goal and details are not provided nor determined at this time.
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