Overview
FA DAO is a new organizational form and business model, with the characteristics of decentralization, autonomy, and return of all power and interests to the community. The original "provide liquidity that mining", "liquidity self-growth", and "double destruction" (transaction destruction + repurchase destruction) three economic mechanisms, product model and economic model All done automatically by smart contracts, open source on the chain, and has passed the security audit by the authority.
FA DAO will adopt a new economic model, FA will no longer be mined and increased, users no longer need to worry about the throwback pressure generated by FA mining. Each transaction generates 10% DAO fee, of which 5% is allocated to liquidity providers as reward, and liquidity providers will become one of the most important beneficiaries of the system; 5% will be destroyed directly, and FA will be destroyed extremely under the premise of no more increase in output, and all FA holders will benefit. FA DAO will become a market stabilizer, playing the role of "peak-shaving and valley-filling", and helping FA's intrinsic value to achieve a stable rise.
FA DAO will continue to expand its ecology and become the largest decentralized autonomous entity network through fractal expansion. Benefiting from the success of partner projects and the whole crypto industry, the value of FA DAO vault will continue to increase, so that more resources can be deployed to form the growth flywheel of FA DAO and make FA intrinsic value grow continuously.
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