Governance Structure

Donors: Donors are the starting point of the Charity DAO organization. By donating cryptocurrencies such as BNB, they acquire CHD tokens, participate in the governance of the DAO, and enjoy dividends from CHD.

Treasury: The treasury's role is to accept BNB donations from donors and generate a corresponding amount of CHD tokens based on a mining algorithm. Of these, 80% of the CHD tokens are gifted to the donor, while the remaining 20% are allocated to the public donation pool. Within the treasury, 95% of the BNB is used to maintain the value and liquidity of CHD, and 5% of the BNB is used for irregular airdrops to volunteers and the DAO.

Mining Algorithm: 1 BNB = （100000 * 0.982^(x-1) + 7000）CHD (Each 100 BNB marks a price step, with X representing the current step number. Within the same step, the output price of CHD remains constant. For example, the step number X for the 3850th BNB would be 39.)

Public Donation Pool: The CHD within the public donation pool will be subject to DAO voting to decide who will receive 20% of the existing total CHD in the pool and obtain an NFT of the donation certificate from the corresponding institution; alternatively, the DAO may choose not to donate, thereby destroying half of this 20% and splitting the other half among the DAO organization, obtaining an NFT that records this selfish act.

DAO: Users stake CHD into the DAO to participate in voting on all governance matters of the Charity DAO. The more CHD staked, the more votes a user has. The voting outcome is determined by the option with the most votes in the current period. If there are two or more options with the same highest number of votes, the vote for that period is nullified and has no effect.

Direct Donation Pool: Donors who do not wish to participate in the treasury's economic system can donate BNB with a note specifying the recipient or purpose to the direct donation pool. 90% of these funds will be directly donated to the specified recipient, and 10% will be added to the treasury to encourage more charitable donations. If no recipient or purpose is noted, the entire amount will be added to the treasury.

Charitable Organizations: We will contact globally recognized and genuinely humanitarian relief-operating charitable organizations to include them in our charity organization database, facilitating future blockchain integration and direct donation locking through contracts.

Volunteers: We will seek volunteers worldwide who share our charitable philosophy to participate in the organization's promotion and fundraising, contact charitable organizations for database inclusion and blockchain integration, and participate in DAO governance.

Gatekeepers: The development of Charity DAO is not instantaneous but requires several phases of development and growth. Therefore, until the DAO can fully execute all governance tasks through contracts, some responsibilities will be undertaken by gatekeepers, who will build public trust through transparency and blockchain data. Once the DAO functionalities are perfected, the responsibilities of gatekeepers will be fully transferred to DAO governance.