Legal Reserves Currency Empowering DAOs

The WACEO token is a reserve currency that aims to give blockchain-based projects the ability to access a network of competent service providers.

Blockchain-based projects would be able to allocate a portion of their native token as a reserve for their legal funds needs. The Projects would be able to do this by swapping their native token against the WACEO token which would result in creating legal reserves that could be used as a payment and provision method for their legal & compliance needs.

The swap would result in adding the Project token to the WACEO backing reserves. The utilization of the Reserves would be regulated by the Monetary Policy.