Why, Who & What

The DAO is the core vehicle for all fundraising, rewards distributions, and governance decisions.

Kokonut Manifesto

Kokonut Network is a platform built by and for people. At its core, Kokonut DAO seeks to empower anyone who adds value to the Kokonut Network ecosystem, regardless of their social status or prior accomplishments.

The core ethos of Kokonut Network is to create a genuinely self-sustaining protocol with integrity at its heart. The community should always be prioritized over capital.

The drive to create a truly open ecosystem will take shape over time. At launch, Kokonut Network will establish the Kokonut DAO - the governing entity responsible for allocating funding for Kokonut Network development and distributing rewards to contributors.

Kokonut DAO Principles

  • Freedom of Choice - You can join and leave whenever you want.
  • Freedom of Work - Collaboration is both necessary and encouraged.
  • Freedom of Power - No single person owns the Kokonut DAO. Those with the most influence are those who are adding the most value.
  • Freedom of Access - Anyone who adds value should receive DAO shares.
  • Freedom to Pay - Anyone with DAO shares can submit a funding proposal.
  • Freedom of Opinion - Not all opinions will be unanimous. We encourage people to speak up and challenge any initiative or proposal which goes against the core ethos of Kokonut Network.

Inspired by HausDAO, & MetaCartel Manifesto’s

Governance Facts

Moloch DAOs don't have any administrators or trusted intermediaries. All decisions are made through proposals, which are executed directly against the treasury or vaults.

Read about Kokonut DAO Migration to Moloch V3

Non-transferable shares, which are "SoulBound" to your wallet, cannot be sold in the open market. No one can take away your ownership of Coconut Trees.

 

  Description
Kokonut v1 Shares Contribution Initial Tribute $20
Total Voting Shares 60,000 [DAO Voting Members]
Total Loot Shares [non-voting] 90,000 [Land-Owners, Contributors, Core Team & DAO Reserve]
Transferability No, shares are Soul-Bound to your wallet.
Moloch DAO Shares Cannot be sold in the open market.
Shares Liquidity Ragequit back to the DAO Treasury.
Shares Issuing Body Kokonut DAO Member's Proposals.

 

Voting Power

DAO Members have total control over the decisions; Kokonut DAO is a community-led ecosystem.

Entity Voting Power
DAO Members 99.99%
DAO Contributors 0%
Core Team 0%
DAO Summoner 0.0016%

 

Member Rewards per share: ~$52.38

Rewards Formula = (Shares) / (Shares Supply) x (DAO Profit)

The rewards formula is calculated by dividing the number of shares by the total number of shares available multiplied by the DAO's profits.

The rewards' formula for DAO is a simple calculation, which involves taking the number of shares held by the individual, dividing it by the total amount of shares in the supply, and then multiplying the result by the total amount of profits generated by the DAO. In other words, the rewards' formula for a DAO is calculated by taking the ratio of the individual shares to the overall supply of shares and multiplying it by the overall profits of the DAO. This formula is the basis for how rewards are distributed among members of the DAO.

Kokonut DAO is deployed on Gnosis Chain, the only stable chain with backward native compatibility with DAI, the decentralized stablecoin issued by Maker DAO.

Any DAO member can choose to withdraw their stake and receive a proportional share of the Kokonut DAO treasury assets.

Permissionless

Contributors can enforce governance through Rage-quit, allowing them to remove their donations from Kokonut DAO at any time if they are not comfortable with its direction.

Safe

Members should leave the organization if the core team is not following the business program outlined in funding proposals.

DAOHaus & Moloch V3

Kokonut DAO is powered by Moloch DAO Framework & DAOhaus Stack

Free and open, all DAOhaus code is available to read, improve, and fork.

DAOhaus is governed by shareholders, consisting of users and builders of the protocol, in other words, you.

DAOhaus provides communities the capabilities to decentrally coordinate and govern around their values and mission.

Kokonut Network Layers

Kokonut Thesis is powered by 4 Layers that aim to provide stability to the network.

This layer is composed of Kokonut DAO members. They are responsible for overseeing and voting on proposals that benefit the Kokonut Network. Anyone who holds at least one Kokonut DAO share can participate in DAO governance.

This layer is where the DAO Treasury, list of shareholders, funding, and membership proposals voting live securely. All the information critical for the project's transparency and longevity is publicly available on the Gnosis Chain.

After approval by Kokonut DAO members, this layer functions as the body responsible for executing the budget and work plan. It is composed of the Core Team, Kokonut DAO Contributors, and Global Enterprise Partners.

This is where the magic happens! In this layer, we bring our mission to life: building, producing, and distributing Coconuts & Derivatives products globally. Kokonut V1 is our first plantation, comprising 60,000 coconut plants across 620 acres of land, with an annual production of 18 million coconuts.

DAO Membership Tiers

Wallet with 1 Kokonut Share

  • Access to Kokonut Network
  • DAO Voting
  • Lifetime Rewards
  • Kokonut Guilds
  • Proposals
  • Workspace

Wallet with 2–10 Kokonut Shares

  • Everything in Seed
  • Basic Perks
  • Custom Email Hosting
  • ERP Credentials

Wallet with 11–100 shares

  • Everything in Sapling
  • Blog Hosting
  • Premium Perks
  • Part-Time Contributor Qualified

Wallet with 101+ shares

  • Everything in Tree
  • Business Cloud Hosting
  • Full-Time Contributor Qualified
  • On-demand Core Team Meetings

How to Join Kokonut DAO

Step by Step Video Tutorials

Step 1: How to install and set up your wallet with Kokonut DAO (Desktop)

Step 2: How to connect Kokonut DAO with your Wallet (Desktop)

Step 3: How to submit your Kokonut DAO membership request (Desktop)

Cómo Unirse a Kokonut DAO?

Tutoriales en vídeo Paso a Paso

Paso 1: Como Instalar & Configurar Tu Monedero Con Kokonut DAO (Desktop)

Paso 2: Como Conectar Kokonut DAO Con Tu Monedero (Desktop)

Paso 3: Cómo presentar su solicitud de afiliación a la DAO de Kokonut (Desktop)