Token Generation Event.

During the Shields Up! event, 2 minting events would happen in parallel: 1. Creating Legal reserves. When a DAO initiates a Shields Up! event, the WACEO tokens would be minted and allocated to the DAO in form of legal reserves. 2. Funding Treasury. The second mint would happen in parallel with the Shields Up! event, when the equal amount of WACEO tokens would be generated to fund the Treasury. The distribution would happen as it follows:

  • 35% of the newly minted tokens would be used to create WACEO/DAO Liquidity Pool

  • 10% to the Founder. Team Fund (5% of the total market cap).

  • 55% of the tokens would be distributed to the WACEO funds: - 65% - Operations & Legal Fund - 10% - Liquidity Pool Rewards Program - 10% - UnRekt Fund - 10% - Special Initiatives Fund - 5% - Dev Fund

All contracts are locked, except for the Operations & Legal Fund. UnRekt, Special Initiatives & Dev Fund would require a certain threshold to be unlocked.

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