A new vision for token-powered nonprofit oversight
System Overview
Our innovative legal and smart contract infrastructure enables on-chain governance of the Endaoment.Org nonprofit
- Encourage donations and donor diversity
- Maximize donation and granting amounts
- Broaden recipient organization diversity
- Avoid token circularity
- Balance complexity and comprehensibility
System Design
The NDAO token is an ERC-20 token on the Ethereum blockchain powering the governance, voting, and rewards infrastructure for the Endaoment.Org Ecosystem.
We required a set of specific design goals in its architecture to ensure the token's utility, effectiveness and fairness.
Design Goals
Administrative Oversight
Our combined legal entity and smart contract architecture enforces accountability, compliance and mangagement of Endaoment.Org
Release Detail
Snapshot Date
A snapshot of Endaoment activity will be taken on:
December 1st, 2022 at 12:00:00 AM ESTReward Activity
The following activity will be considered for Airdrop rewards:
- Fund deployment
- Organization deployment
- Grant activity
Liquidity Provisioning
Tokens will be minted in line with the token distribution schedule, with a Liquidity Bootstrapping period using tokens from Endaoment.Tech's allocation.
Total supply of the NDAO token is 100m tokens. All backers, teammates and other pre-allocated tokens outside of Liquidity Provisioning are bound by a unilateral two-year linear vesting schedule.
Earn Rewards
A variety of actions which further the Endaoment mission can earn NDAO, NVT and USDC in the Endaoment Ecosystem*
*Subject to changeDeploying Orgs
Deploy contracts for nonprofits to earn tokens.
- Number of Org deployments
- Donation amounts made to Orgs you've deployed
Granting
Make grants from your Endaoment Fund to earn tokens.
- Grant amounts made to Orgs
Vote Locking
The more NDAO you lock, the more voting power you'll have.
- Amount of NDAO locked
- Amount of NDAO locked
Governance
Participate in elections, votes and proposals to earn tokens.
- Meaningful governance participation
Endorsements
Back your favorite nonprofits and help them earn additional revenue.
- Amount of NVT used for Endorsements
- Amount of NVT used for Endorsements
Smart contracts audited by
Audit Report