The project has 8 000 000 $ARB!
It is your chance!
Don't wait, start here!
🧵👇
What I'm covering in this thread:
1️⃣ ▫️ What is Treasure?
2️⃣ ▫️ Mission
3️⃣ ▫️ $MAGIC
4️⃣ ▫️ Voting and gMAGIC
5️⃣ ▫️ Games
6️⃣ ▫️ NFT Collections
7️⃣ ▫️ Airdrop
2/
1️⃣What is Treasure?
Treasure DAO is a decentralized NFT marketplace on Arbitrum that caters specifically to those immersed in metaverse.
In Treasure marketplace, every project utilizes $MAGIC in their metaverses. The resource is used by each community to create unique story
3/
2️⃣ Mission
TreasureDAO, led by staked MAGIC holders, plans to create decentralized metaverses and onboard projects.
The goal is to decentralize the entire NFT ecosystem using MAGIC and crypto-economic primitives.
4/
3️⃣ $MAGIC
$MAGIC is the native token for all Treasure-connected metaverses and the sole currency for marketplace transactions.
Treasure projects are linked through MAGIC emissions, which support new and mature projects.
$MAGIC currently ranks in Top 100 on Coinmarketcap.
5/
In Treasure, Bridgeworld is the central metaverse where $MAGIC is emitted and harvested.
It has a three-part resource economy:
▫️ $MAGIC (Power)
▫️ Treasures (Resources)
▫️ Legions (NFT | Players)
6/
Legions use Treasures to mine and build infrastructure with $MAGIC, which powers Bridgeworld.
Treasures produce tools for mining more $MAGIC, forming a metaverse base layer for other economies to connect.
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4️⃣ gMAGIC
Establishing a governance model that incorporates the veCRV method paves the way for DAOs to give more weight to community members who contribute consistently and demonstrate long-term commitment to the organization's success.
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Vote
▫️Only veMAGIC or $MAGIC-WETH SLP staked in Arbitrum LP Rewards count for voting
▫️Unstaked or uncommitted $MAGIC wont work
▫️gMAGIC from Harvesters and Governance Staking is calculated at 1:1 ratio for MAGIC staked
Snapshot voting based on gMAGIC holdings in Arbitrum
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5️⃣ Games
Bridgeworld is a social coordination game where you form guilds to optimize resource accumulation.
You use collectibles to explore and find MAGIC in the Treasure ecosystem.
Smol Brains - are a dynamic PFP of a monkey whose head gets bigger the larger its IQ becomes. The supply is 13,422 (6711 males and females).
This is the official collection created by @Treasure_DAO.
Bluechip NFTs on Arbitrum.
13/
@smolverse - whimsical NFT project and community thriving on Arbitrum L2.
Their star product, Smol Brains, has become quite a hit among holders like Gary Vee and Mario Goetze.
@Treasure_DAO has received a staggering 8 000 000 $ARB, marking the highest distribution amount among DAOs.
Only #GMX has received an equivalent amount.
It focuses on:
▪️ Community - offering veNFT to top protocols on Arbitrum
▪️ Decentralization - with trusted entities for emergencies
▪️ Functionality - implementing the best features in DEXes
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1️⃣ Dilution Protection
A key function of the ve(3,3) model comes with dilution protection rebases to encourage users to lock their tokens sooner.
Similar to the OHM (3,3) model, these rebases occur per epoch and are a crucial aspect of the ve(3,3) system.