DAO Nodes

Abstract

DAO Nodes follow concept of rewarding locked stakers with PDD rewards for their efforts. Nodes are creating a strong incentive for long term holding of PDD. Users are able to spend 50 PDD to create a node that delivers daily PDD rewards back to the user at an estimated initial rate of ~3% daily delivering passive yield. This will reward long term holders with a high yield and in turn lock up a portion of the PDD supply helping to reduce market sell pressure on PDD.

Utility

Nodes often suffer from sustainability issues due to their tokens having no other purpose than simply as a reward token for selling, which is an issue for algorithmic stable coin protocols. At PolyDoge DAO adding strong utility to PDD is something team have focused on so far through unique yielding opportunities with partner protocols. This includes implementing mechanisms such as a maximum cap on total ROI that is possible to receive from a single node and tweaking of the daily drip rate to maintain a sweet spot of ~3%. There is no limit to the number of nodes someone can own however the more you own the greater your daily yield back in PDD.

Specification

• 50 PDD cost per node

• Unlimited nodes per account

• Estimated ~3% daily PDD rewards paid (returns are not guaranteed and are based on reward pool balance + DAO Fund balance)

• Up to a max 500% ROI on each node (max possible ROI is not possible to guarantee and is based on reward pool balance + DAO Fund balancee)

Strategy

Much like in our base layer seigniorage protocol education and strategy play a large part in ensuring sustainability of the system. If the majority of participants operate in unison and follow the same strategy the system has a better chance at maintaining sustainability over the long run, essentially making the system a social experiment. We have produced a detailed strategy flowchart for users to follow based on the TWAP of the PDD token and often remind participants of the current optimal strategy to follow for protocol health which in turn helps protect the longevity of your investment.

Risks

Investing in DeFi is experimental and risky, there is no guaranteed return on any product or investment. By using PolyDoge DAO, you agree that the team is not responsible for any financial losses from investing in PolyDoge DAO nor do we promise any returns now or in the future. Nodes are highly experimental locked staking mechanism and the total amount of rewards that can be paid are determined by a number of factors including the number of nodes created, the TWAP expansion rates of the protocol and the performance of investments made by the treasury.

It is not possible to guarantee a return in DeFi or investing. Please note that maximum ROI is NOT your guaranteed return from each node. It is your maximum possible return from each node.