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Vendetta DAO ($V) is a unique project that sets itself apart from other initiatives in the cryptocurrency space. With a strong belief in giving control to investors, Vendetta DAO aims to connect with and support communities fighting for decentralization and utilizing the full potential of blockchain technology. The project seeks to empower like-minded individuals by providing proposal rights, voting rights, and other benefits to its participants.
The protocol of Vendetta DAO is governed by various groups. The Ringleaders, who hold over 5 million VPowers, occupy the top of the hierarchy and enjoy proposal and voting rights. They also receive a 25% buyback from the treasury wallet based on their holding percentage. The Insurgents, holding 5 million+ VPowers, play a crucial role in advancing the House of Rebellion and receive similar benefits, along with a 50% buyback from the treasury wallet. Additionally, the Mutineers hold 2 million+ VPowers and have voting rights to contribute to the revolutionary cause.
Vendetta DAO operates through its V-paper, which outlines the buy taxes, sell taxes, liquidity, awareness and partnership percentages, and the functioning of the treasury. The generated trading fees go directly towards liquidity, increasing the value of collateral. Furthermore, trading fees are utilized to enhance the size of Vendetta DAO through marketing and partnerships. The treasury, funded by a 2% levy on trading fees, is used for investing in partner projects voted on by the community and for buying back the $V token.
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