💵Use of Future Funds
How Halo Yield Utilizes Funds
DAO funds will primarily be allocated to ensure the runway for regular protocol expenses, including administrative costs and salaries, as well as research and development for new features. Additionally, funds will cover necessary expenses such as audits and smart contract development.
Revenue from Protocol-Owned Liquidity (POL), deposit fees, and our business model will be utilized for the next phases in our roadmap, including the development of prediction markets, NFTs, and smart-ish vaults.
To protect the launch price of $0.50, Halo Yield will consider initiating a buyback of $HALO to support the price. This will only be done if the Reward Pool APRs are above 1,200%, allowing Halo Yield to restake the purchased $HALO to recoup the investment and further fund Reward Pools.
None of the DAO funds will be used for buyback burns. The tokenomics have been carefully designed so that each $HALO token is valuable and the token remains anti-inflationary through the use of strategic pools.
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