---
# System prepended metadata

title: SiloHaus Yeet Deck v2
tags: [SiloHaus, erc6551]

---

## Mission Control

The mission is to fund, build and maintain a community owned ERC6551 NFT DAO launchpad platform, SiloHaus. Built on DAOhaus Protocol, SiloHaus will make it easy for projects to bootstrap shared on-chain initiatives through NFT sales.

A dedicated team from DAOhaus will be spearheading this mission with a strong focus on serving DeFi communities. Although, SiloHaus can easily be expanded to meet a plethora of unique use-cases which will ultimately be determined by SiloHaus DAO members.

### How the launchpad works

When ERC6551 NFTs are sold and minted, they're allocated DAO tokens into their smart accounts which act as the members of the DAO. The holders can then interact with the DAO through the NFTs. The member NFTs are freely tradable on secondary markets. This design opens up a lot of interesting opportunities and flexibility from a technical, economic and governance perspective.

[Muh NFT with SHARES | LOOT Inventory]

Funds from the NFT sales can be instantly zapped into liquidity positions, vote escrow tokens, liquid staking derivatives, and more. 

[Muh Flow Chart]

A 10% launchpad fee in ETH will be taken from each SiloHaus NFT sale. Of those fees, 50% will be allocated to the SiloHaus DAO treasury. The other 50% goes towards sustaining both the SiloHaus core contributors and DAOhaus Protocol as a public good.

[muh Value Flow Simplified.]

### Yeet into the future of coordination

SiloHaus DAO will host a Yeeter event for the public to contribute ETH. When an ETH contributor yeets, they will automatically be distributed SILO tokens representing proportional rights over the SiloHaus launchpad and coinciding fees.

*As a Moloch DAO, SILO tokens received after yeeting can be burned at any time to exit SiloHaus with a proportional share of the treasury. This is known as a RageQuit.*

### Growth and sustainability

A portion of the raised ETH and fees will be allocated towards an incubator program focused on helping new projects launch on SiloHaus. The idea is to create a flywheel effect, where eventually the fees alone will sustain continued incubation of new projects that will end up generating more fees themselves.

Along with the incubation flywheel, a SILO/ETH liquidity position will be created and maintained on Velodrome. A portion of the raised ETH and reserved SILO tokens will be allocated towards SILO LP and bribes to generate a second flywheel for the DAO.

## SiloHaus Economy Overview

### ETH contribution information
- Softcap: 30 ETH
- Hardcap: 200
- Min ETH: 1
- Max ETH: 20
- SILO price: 0.001 ETH

### SILO Token information
- Native network: Optimism
- Token standard: ERC20
- SILO Max supply: 1,000,000

### SILO Token allocation:
- 20% public sale
- 10% SILO<>HAUS swap with PublicHaus
- 10% founders (locked 1 year)
- 30% SILO LP/bribes
- 30% reserves

### ETH funding allocation:
- 30 ETH for the development of SiloHaus MVP
    - Launchpad v0.1
    - 6551 wallet UX
    - Silo explorer
- The remaining funds will be allocated as follows:
    - 30% SILO/ETH LP on Velodrome
    - 40% product development
    - 30% incubating new projects

### SiloHaus (10%) launchpad fee allocation:
- 25% SiloHaus treasury
- 25% SILO/ETH LP
- 25% contributor vault
- 25% PublicHaus

## Roadmap 

[achievement tokens -- POAPs which indicate reputation for token bound accts.]

- Public seed round
- Silo/ETH LP
- SiloHaus Launchpad v0.1
- Onboard 10 projects
- Native 6551 wallet UX
- Onboard 25 projects
- SiloHaus native explorer
- Public investment round
- Onboard 50 projects
- SiloHaus native NFT marketplace
- Trading fees to SiloHaus DAO
- Onboard 100 projects
- Launchpad v1 (self-service)
- Marketplace for DeFi zaps