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Holding, budgeting, and deploying shared capital.

In this section

Bootstrap budgets and ratification votesContributor compensation in DAOsPaying the people who do the work – salaries, grants, streams.DAO tokenomicsDesigning a governance token's supply, distribution, and incentives.DAO treasury managementHow DAOs hold, budget, and deploy shared capital.Emissions without a vote: who sets a token's monetary policyHypercerts (impact certificates)OTC placements and market-maker loansProtocol-owned liquidity (POL)Retroactive public goods funding (RetroPGF)Standing authorizations and delegated mandates
MANIFESTO · CAPER / OWN THE GAME
An organization that raises and deploys its own capital. A market that never closes. Governance that can't be captured.
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