# Liquidity DAO

## Overview
The aim of Liquidity DAO is for dedicated HAUS token LPs to pool their LP tokens into a DAO that will receive diamond hand rewards at the end of 6 or 12 mons. The end goal is that the rewards they accumulate will allow Liquidity DAO to join UberHaus and represent the perspective of HAUS LPs.

## Membership
Membership in Liquidity DAO is restricted to those who tribute HAUS / wxDAI LP Honeyswap LP tokens.

**Target** = 500,000 LP Tokens

**Min Stake**: 500 LP Tokens
**Max Stake**: None

**Max Shares**: 100 Shares
**Max Loot**: None

**Share Ratio**: 100 LP Tokens = 1 Share, until 100 Shares and then the rest is in Loot.

**Joining Process**
* One week open membership period.
* Open to DAOs and individuals.
* Allow for open membership period again after 12 mon initial rewards are fully streamed to DAO.
* Allow for replacement members where the existing members are able to set a new fair value for shares, but will be punished by UberHaus for keeping a replacement member out.

## Rewards
Stream rewards to the Liquidity DAO over a 1 year period to encourage diamond hands. Streamed rewards are a grant from UberHaus DAO.

**Rewards Amt:** up to 10,000 HAUS.

*Question*: Should it be part streaming and part in a conditiional escrow minion at the end to really encourage the diamond hands?

*Other* 3 week initial lock up period before streaming starts when members can join.

*Rebalance* UberHaus could rebalance streaming rewards if LP tokens in the DAO fall below 200,000 LP tokens.

## Rules

members hold the right to guild kick anyone through a proposal at anytime