MamboDAO

Funneling resources back to holders

Treasury

The Mambo treasury wallet can be tracked on DeBank here. The treasury is funded by royalties from the Vloaters and Mambonauts collections, as well as by .mambo name mint costs.

A large portion of the treasury comes from kickback from Smitty's profits from other projects. To date, 10% of his Raffllrr and Ferdy Fish profits have been siphoned into the MamboDAO treasury.

Voting

Votes take place on our Snapshot, and all wallets have voting power equal to their Mambo Score.

While anyone holding either of the two main Mambo NFT collections can vote, only those with over 150 Mambo Score can open proposals.

Proposals have already been made to discuss what to do with current funds. Some examples are what NFT collections to mint with the treasury and how to distribute the mints. The ideal MamboDAO loop is:

• Accumulate Mambo Score

• Propose a collection to mint

• Propose to giveaway mint via Weighted Giveaways

• Win the giveaway because you're a whale

• Buy private island

• Repeat

Our DAO does have a focus on growing the treasury in a sustainable way, so typically after minting a collection we'll flip to recover initial and giveaway the remainder.