## Propelling branded DeFi initiatives upward ![](https://hackmd.io/_uploads/Hye0Apc_2.png) ### What is it SiloHaus is a DAO platform to crowdfund and coordinate shared DeFi strategies via NFT memberships. Silo.Haus makes it easy to launch secure, automated DeFi strategies for your community. Powered by erc6551 NFT DAOs, SiloNFTs are custom NFT collections that store governance tokens and enable holders to coordinate around shared treasury initiatives. siloNFTs enable a network of interoperable storage units to coordinate around complex systems. The ERC6551 standard provides a siloNFT holder with a portable identity mechanism for storing on-chain assets and interacting with an organization's governance layer. When someone thinks of the word silo, a few things probably come to mind. Silos on a farm store materials. SiloHaus is a platform that launches DAOs geared for managing automated DeFi strategies. Funds from NFT sales are instantly zapped into locked liquidity positions, vote escrow tokens, liquid staking derivatives. Each DAO acts as a silo owned and governed by the siloNFTs launched by that DAO. ### Who is it for Existing DeFi projects and projects either trying to create deeper liquidity for their token or a new liquid token altogether ### Why use it To easily fund, onboard and coordinate around DeFi strategies. - fund the initiative via a custom branded erc6551 NFT sale. - onboard the holders with governance shares automatically minted and stored within the NFTs when purchased. - coordinate by automating funding from the sale into zap strategies, while handling maintence and changes via governance proposals. ### How does it work The amount of governance tokens stored within a SiloNFT determines proportional economic rights within a DAO. As yield is generated through the DAO's DeFi strategies, the value tied to the SiloNFTs grow. The holder can choose to sell their SiloNFT(s) on secondary markets. ### Systems & Patterns ## Notes