Voteadia

How can a DAO be identified as a rug pull or simply a failed business venture?

Rug Pull & Failure Definition

Rug Pull

In Arcadia, a "Rug Pull" is defined as a Balance DAO Token of both Dao Creators and Co-DAO Creators dropping below 90% before maturity. This threshold ensures stakeholder interests are protected and reflects the DAO's commitment to its vision. Transferring DAO Tokens to other wallets is strictly prohibited during the DAO's active period. To safeguard assets against hacking risks, DAO creators must submit a form to whitelist new wallets for stakeholder oversight.

Be vigilant as the 300-day milestone approaches. A countdown clock will be displayed on the Arcadia website, keeping users informed. Significant price fluctuations in Dao Tokens are highly likely once the effects of Arcadiance wear off.

Failure

Failure in investment is a natural part of the journey, but deliberate repeated failures or instances where DAO creators launch scam projects, invest in them to engineer a fund’s collapse, and profit by dumping tokens, will not be tolerated. Such actions will trigger a "Failure" designation, leading to the fund's dissolution and the redistribution of the DAO creator's collateral to affected users.

All cases will be brought before Arcadia's Supreme Court and subjected to a community vote by Elysium and Equitas holders to decide on the DAO's fate.

Voting Proposal

All proposals to redefine the direction of Arcadia will be subject to voting by its key stakeholders with the following weighted system:

  • Equitas Holders: Holding the highest voting power, each vote from an Equitas Holder carries the weight of three votes from LARCA Holders.

  • Elysium Holders: With the second-highest voting power, each vote from an Elysium Holder equals two votes from a LARCA Holder.

  • LARCA Holders: Possess the baseline voting power, with one vote per holder.

Embrace Corruption if You Dare

NFT holders are empowered to do more than just vote on Proposals—they can also cast their votes in support of emerging DAOs. DAOs that rank among the top 10 in Corruption will earn a prestigious badge, symbolizing strong trust from Arcadia Contributors. DAOs can achieve this by offering compelling incentives or leveraging relationships to gain support from NFT holders.

However, there’s a catch: if NFT holders have a history of voting for DAOs with rug pulls or repeated failures, they will lose their voting privileges. Additionally, LARCA holders are excluded from voting in the Corruption system.

Each week, starting at 0 UTC on Monday, marks the beginning of a new Epoch. During each Epoch, the Corruption Rank will be displayed, inviting NFT holders to cast their votes and make their impact.

Each epoch brings a fresh reset of the prestigious badge, offering an exclusive opportunity for DAOs to unlock additional emissions such as WLP, sARCA, VP, Jackpot tickets, and a share of Arcadia's profits. To secure this coveted badge, DAOs must foster strong relationships with NFT holders.

However, NFT holder voting is only part of the equation—it accounts for 40% of the overall score. Here’s the full breakdown of factors influencing a DAO's eligibility for the prestigious badge:

  • NFT Holders Voting: 40% weight

  • DAO Token Price Performance: 20% weight

  • Assets Under Management (AUM): 20% weight

  • Community Call Activity History: 20% weight

DAOs must balance these factors to maximize their influence and ensure they stand out in the Arcadia ecosystem.

Users are required to stake LP tokens of the Dao Token/SOL pair to receive emission distributions from Daos holding the prestigious badge. This approach not only enables users to earn transaction fees but also ensures deeper liquidity and reduced volatility for the Dao Token pair.

While Arcadiance is designed to safeguard the interests of Dao Token holders, staking LP tokens becomes a collaborative effort for holders to contribute to the growth and success of their Daos.

Betting Place

Take advantage of the Corruption Ranking for each Epoch and turn it into an opportunity. Users can benefit by strategically betting on the rankings, where Credit Points are allocated based on the total activity scores of participating DAOs, reflecting their influence in competing for the prestigious badge.

The gameplay is straightforward: In Epoch 0, no Betting Place is available. However, starting from Epoch 1, users can analyze the performance data from Epoch 0 and current indicators to place their bets. To participate, users must hold WLP pairs and assets ($SOL or $USDC) to stake in the Betting Place Vaults. Participants can adjust their positions or withdraw entirely before the snapshot at 00:00 UTC on the Saturday of each week.

Winners will claim 90% of the total pool from the losing bets and earn two entries for the Jackpot draw. Losers, while forfeiting their stake, will still receive one entry for the Jackpot. This is a high-stakes, high-reward game where strategy and insight pay off.

90% of the winnings will be allocated to the victors, while 5% will flow into the Arcadia Treasury, and the remaining 5% will contribute to the JackPot Pool.

The JackPot operates on an epoch system, with one JackPot epoch spanning four Corruption Ranking epochs—roughly aligning to a monthly cycle. Arcadia’s JackPot will mirror the PowerBall system, pulling live data directly from its source for a truly dynamic and engaging experience.

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