Management and Operations
Dtravel DAO Management and Operations (DAOMO) for the Community Treasury, Community Growth Fund, and Property Protection Pool are appointed by the Dtravel DAO Representative Council.
It is the responsibility of the DAOMO to perform human resource functions, including engaging and managing core members, ensuring that core members perform their stipulated duties, and arranging contracts with various third parties to grow the Dtravel network.
Whilst these contributors and the DAOMO have a fiduciary duty to manage the Community Treasury, Community Growth Fund, and Property Protection Pool in a manner that prioritises the interests of Dtravel members, the multi-sig wallets remain custodied by the Dtravel DAO Representative Council. This ensures that decision-making power is divided between the DAOMO and the DAO Representative Council, allowing funds to be managed transparently and ethically.

Dtravel Community Treasury

Responsibilities of the Community Treasury include, but are not limited to:
    Propose treasury budgets allocations and facilitate voting on these budgets
    Define and manage the liquidity requirements of the Community Treasury
    Establish and manage asset diversification, investment and risk management
    Ensure transparency by publishing monthly and/or quarterly financial statements and reports on DAO and Community Treasury expenses
    Initial grant of US $1,000,000 to the Protection Pool
    Grants relating to ecosystem development and growth
    Grants to the Community Growth Fund
    Grants relating to implementing approved proposals from DAO governance proposal submissions
    Business development and integrations
    Pay costs associated with the Dtravel DAO Representative Council
    Pay costs associated with the Dtravel DAOMO
    Tokenomic modifications such as buybacks
    Decentralize and incentivize Dtravel work to be performed by Dtravel community members

Community Treasury Funding

The Community Treasury is structured to exist and be sustainable in perpetuity. It is financed via the following mechanisms and revenue streams:
    1.
    Initially funded through an allocation of TRVL tokens at the token generation event (TGE).
    2.
    Ongoing funding: 6.5% from every booking processed on Dtravel
    3.
    A portion of the Community Treasury will be held in liquid blue chip cryptocurrencies and stablecoins, some of which will be invested in DeFi and various yield-generating strategies to grow the size of the Community Treasury over time
    4.
    Investments in other protocols and startups that add strategic and economic value directly to the Dtravel network and ecosystem

Community Growth Fund

Responsibilities of the Community Growth Fund include, but are not limited to:
    Management of NFT VIP Memberships
    Grants for promotions that add value to the Dtravel ecosystem
    Incentives for onboarding hosts
    Advertising and sponsorships
    Grants for value-adds to Dtravel
    Givebacks from bookings to guests
    Referrals to hosts and guests

Community Growth Funding

The Community Growth Fund is structured to exist and be sustainable in perpetuity. It is financed via the following mechanisms and revenue streams
    1.
    Initially funded through an allocation of TRVL tokens at TGE
    2.
    Further funded by grants from the Community Treasury Fund
    3.
    A portion of the Community Growth Fund will be held in liquid blue chip cryptocurrencies and stable coins, some of which will be invested in DeFi and various yield strategies to grow the Community Growth Fund

Property Protection Pool

Initially funded with a USD 1,000,000 grant from the Dtravel Community Treasury, the purpose of the Property Protection Pool is to ensure that all properties have assistance available in the event that damages occur that are beyond the settlement of the Guests. The Property Assurance Terms and Conditions, which govern the circumstances in which assistance will be provided, will be published with the launch of the Dtravel network.

Property Protection Pool Funding

To ensure that the Property Protection Pool Fund has required operational funding levels and continues to grow proportionally and in perpetuity as the number of bookings grow, it is financed via the following mechanisms and revenue streams:
    1.
    Initially funded through a loan of USD1,000,000 from the Community Treasury
    2.
    Receive 1% of every booking processed on Dtravel
    3.
    Management of the funds from the Property Protection Pool will include holding a variety of cryptocurrencies (including stablecoins) and devising yield-generating strategies from investments
Last modified 4mo ago