For now, the DAO is another important feature of the metaverse that differentiates it from the current internet and virtual worlds. A DAO is an ideal structure because it leverages blockchain and smart contract technology to enable people around the world to interact freely based on a consistent structure of interests, incentives, and payments.

And now, a new paradigm DAO protocol based on BSC has come out, it is Meta Resident, which is an operating system with a new organizational form. MR is a DAO organization that aims to allow some people to enter the future first and become residents of the metaverse “meta”.

Description of Meta Resident

protocol. It is the world’s first Defi 2.0 application DAO protocol based on the great autonomous community. In the future, it can expand and link the entire ecology of the Defi layer 2 financial protocol. The goal of the birth of MR is to rebuild the security and trust of the community, gather the strength of each member to accomplish a goal together, integrate the imagination of talents in the blockchain field, and bring considerable benefits to each DAO member to maximize Social value.

On the basis of ensuring the fairness and legitimacy of asset issuance, and on the premise that the ownership of users’ pledged assets is sacred and inviolable, users contribute the liquidity of assets to obtain corresponding ecological rights, which is the core governance model that constitutes the MR ecosystem.

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After the issuance of MR tokens, there are 2,000 whitelisted IDOs, and the remaining 8,000 tokens will be directly put into the PancakeSwap trading pool MR/BNB, and then the contract ownership will be discarded and the liquidity pool will be locked. Users need to purchase MR and then inject liquidity into the liquidity pool. After obtaining the LP certificate, you can become a formal DAO member by staking it.

At present, the slippage set by the MR ecology is 5%, and each transaction in the liquidity pool will be deducted. The DAO dividend pool can also regularly issue airdrop tokens for cooperative projects. The specific uses can be divided into the following:

1. DAO dividend pool 2%

The DAO dividend pool distributes dividends to all DAO full members according to the LP pledge weight ratio;

2. DAO treasury 1%

DAO treasury is used for MR growth period development expenditure to ensure the healthy growth of the overall ecology;

3. Deflation destroys 2%

Deflation burning by 2% can make the entire MR ecosystem continue to deflate until 2,100 tokens remain.

Meta Resident IDO

The MR ecology adopts a new internal economic incentive model, that is, the 10,000-fold plan. For details, you can follow the official MR information. It opens the door to an unprecedented organizational growth model. The specific IDO details of MR are as follows:

Token Name: MR

Blockchain Network: Binance Smart Chain

IDO platform:

Number of IDOs: 2000 (total amount of tokens 10000)

Limited subscription:

Whitelist rules:

1. Official Twitter @ and like and retweet the event tweet with the hashtag #MR #IDO;

2. Join the Telegram community:

3. Registration whitelist (Google form):

Epilogue

2022 is the first year of DAO, which is already a market consensus. Therefore, the core of our vision is to become a DAO of the latest paradigm, and to help DAO members enter the metaverse era, practice the Wanxian plan, and achieve financial freedom.

The reason why the blockchain industry is great is that it can always find a way for human beings to change. As the industrial age moves towards the information age, people need a new property rights system inherent in the era. As many people know, everyone seems to have seen that an important turning point in human civilization is coming.

By Bing

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