Hermes DAO is a novel decentralized autonomous organization that focuses on crypto asset investment, including tokens, coins, and NFTs. The DAO is not only managed by the Hermes DAO Parliament but also steered by a dedicated community. Designed with financial efficiency in mind, Hermes DAO aims for steady income, primarily benefitting HMX liquidity providers and stakers through a passive income system.
Income Distribution and Investment Model
The unique financial model of Hermes DAO ensures the distribution of 65% of the profit from each investment share while channeling 35% of the profit towards new investment opportunities. This profit distribution model ensures consistent rewards for HMX token holders and injects a cyclical investment model for the DAO. Rewards for HMX token holders come engagingly as 65% of the income generated from investments.
Farm Multiple Rewards Tokens
Apart from the intriguing income model, Hermes DAO allows users to farm multiple rewards tokens with the same liquidity. This flexibility offers an added advantage for users, enabling them to maximize their earning potential within the DAO ecosystem.
Governance at Hermes DAO
Hermes DAO operates under a decentralized framework. This is empowered by a governance platform that ensures the equitable participation of all HMX token holders. Any token holder who holds Hermes (HMX) tokens up to a predetermined limit has the privilege to create a poll. Similarly, each voting participant having an essential minimum of Hermes (HMX) tokens holds equal voting power. This democratic voting system ensures that no single entity or individuals hold excessive control over the DAO, fostering a truly decentralized environment.
Hermes DAO social statistic
1,191
Twitter followers
568
Telegram members
0
Reddit subscribers
0
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