DAO Fund

The Community Fund Managed by DarkOpera Core Team

Functions of DarkOpera DAO

The Dao Fund is Our 2nd Assurance to protect the DARKO PEG. It is controlled by the Developers and will later move to a governance system to vote on using funds in certain areas of the project and outside including Investment, Marketing, etc.

Information about the DAO is as follows:

When DARKO TWAP is below 1, buybacks will be initiated by the DAO. These will be done at a time decided by the core team and not publicized until after the protocol is back in expansion to prevent front running.
When DARKO TWAP is extremely high, the DAO will sell some DARKO to help assist in bringing back to peg and prepare its reserves for buybacks below 1.
The DAO fund will hold a range of assets at the discretion of the core team.