Treasury
The assets in the DAO's treasury are subject to management via the DAO's governance processes.
Last updated
The assets in the DAO's treasury are subject to management via the DAO's governance processes.
Last updated
The DAO’s treasury is managed by the DAO through on-chain governance mechanisms. Any funds that the DAO decides to send off-chain may be deployed by entities such as the Star Atlas Foundation, but only after receiving on-chain approval by the DAO and subject to the direction of the DAO. The DAO’s treasury is funded by proceeds from what amounts to taxation on transactions in the ecosystem, consistent with the parameters set forth in the .
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The DAO Treasury Dashboard gives visibility into all Star Atlas DAO assets. This page enables the Star Atlas community to make informed decisions about the future of the Star Atlas metaverse and ensure transparent and accountable DAO management.
The ATMTA team has kindly created several income streams for the DAO, to seed its treasury. This initially started with R4 Sales.
The following income streams are no longer available:
The following income streams are currently active:
The following income streams are planned to go live at some point in the future:
Any further costs beyond basic operations and maintenance, including to retain additional service providers, shall require on-chain approval by the Star Atlas DAO in advance.
Some examples of efforts that could be funded under this proposal include:
Creating software tools that enhance player experiences
Hosting community in-person or virtual meetups
Supporting educational or informational initiatives to grow the Star Atlas community
Building new creative works or materials — such as videos, art, or music — based on Star Atlas intellectual property
Other types of efforts could be funded as well, as long as they relate to the development or improvement of Star Atlas, and as long as the product or experience is open to all Star Atlas community members (rather than, for example, benefiting only one guild or faction).
DAO Treasury:
Ecosystem Fund*:
Old, no longer used, pre-Multi-sig used for the Treasury:
* The Ecosystem Fund was moved to a separate account after passed for easier accounting.
As per, the DAO sets aside an annual budget of (up to) $100,000 USD from its treasury for the operations and maintenance of the Star Atlas Foundation, including director fees—supervisor, registered office, and secretary services—and other expenses (including legal fees and other services necessary for operations).
Through , the DAO established a fund and process for community members to apply for grants to develop various aspects of Star Atlas. It was seeded with a budget of 20% of the Star Atlas DAO’s ATLAS treasury.
100% of primary R4 sales — Until SAGE Labs rolled out, Faction Fleet (SCORE) players had to purchase R4 (in ATLAS) to upkeep their staked ship. The team offered R4 sales on their Galactic Marketplace using the . All proceeds were periodically swept to the primary DAO treasury.
End:
33% of royalty fees in the Star Atlas Galactic Marketplace — Galactic Marketplace fees for each transaction are transferred to a as part of the transaction. This account is periodically swept, with one-third of the balance sent to the DAO treasury account and the rest sent to ATMTA.
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