Pay DAO contributors
Teams in the DAO
Finance report of the DAO
Manage metadata sets
To Provide Feedback
To Make Decisions
Taichia is the first DAO as a Service platform on the Chia blockchain. It provides various services for DAO builders and communities to build and manage their DAO more autonomously and more easily. It is designed and developed on a new concept called vote-oriented. None of the services provided by the Taichia is centralized or "local". They are all auditable and protected by on-chain programs.
In short, it likes the Amazon Web Services (AWS) for the Web3 world.
This DAO is managed by the Taichia team. Taichia team is in charge of DAO development and operation. Anyone who has TICA (Taichia governance token) will be regarded as a Taichia stakeholder. DAO stakeholders who have enough TICA can raise proposals and have additional permissions.
Anyone can check the income of Taichia services. Different services will have different addresses. Please check the Service Metadata on the DAO home page.
You are able to see the latest governance token (TICA) information on the DAO home page. The maximum supply is 700 million TICA. The initial supply will be 100 million TICA. The rest 600 million TICA will be locked in a custody address. It can be unlocked only for fundraising purposes.
Here is an example of how TICA is distributed in different rounds. Only shares released through the donation project are undiluted. Assume Taichia will unlock 20 million TICA in the next round, and all donors will receive 20% more TICA. | | Initial Stakeholders | Seed Round (Mock) | |--|--|--| | Donation Project | 5M TICA (5%)| 6M TICA (5%) | | Taichia Team* | 80M TICA (80%)| 80M TICA (66.66%) | | ESOP | 15M TICA (15%)| 15M TICA (12.50%) | | Investor A| | 15M TICA (12.50%) | | Investor B| | 4M TICA (3.33%) |
*The TICA allocated to the Taichia team will be gradually unlocked in 3.5 years.
Stakeholders will receive dividends based on the TICA they hold. Every 1/2/4 weeks (subject to change), Taichia team will announce a dividend date and how many XCH stakeholders will receive for every 1000 TICA. Eligible stakeholders are determined by a snapshot of the dividend date. Stakeholders need to register their staking address on the Taichia platform.
For example, one stakeholder bought 2200 TICA on DEX before the deadline and saved them in one address. If Taichia announced the dividend is 0.01 XCH/1000 TICA, then this stakeholder will receive 0.02 XCH. If TICA was split into 500 / 1700 and saved in different addresses then this stakeholder will only receive 0.01 XCH.
Stakeholders can vote for proposals as long as they have TICA. The more TICA they have, the more weight on their votes. Stakeholder who has enough TICA can come up with new proposals.
Stakeholder who owns enough TICA can unlock more permissions and attend the Taichia team meeting.
Stakeholders can trade TICA on DEX without any limitation.
We are hiring developers for backend, frontend, and Chialisp development. Please join our Discord https://discord.gg/epCMpD8u7q.