đĒNEO DAO gives a super power for investors
Last updated
Last updated
Once NEO DAO will have created a Private offer or Public offer you will be able to see on the DAO home page in section "Offers"
How does a private transaction differ from a public offer?
A private transaction gives an opportunity to buy only a certain number of LP tokens to a certain user.
The public offer allows an unlimited number of users to buy an unlimited number of tokens.
Step1. A NEO DAO has $0 on balance;
Step2. You bought 1 LP for $100 and you are the only investor. Now you have 100% of share. NEO DAO has $100 AUM;
Step3. Another person bought 1LP token for the same $100. Now you have 50% share. NEO DAO has $200 AUM;
Step4. NEO DAO earns +$100. NEO AO has $300 AUM where $150 is yours (+$50 profit);
Step5. You are about to quit and burn your LPs. You will get $150 in return.