---
# System prepended metadata

title: SiloHaus - veNFT DAO Launchpad Yeet Deck
tags: [SiloHaus, erc6551]

---


Create a deck highlighting why people should YEEEEET

example deck I made for MetaCartel awhile back: https://gateway.pinata.cloud/ipfs/QmTTpLspsTWbLx3zERuCBaAW9Gu14FUQMfqxJndmiLM7eb

**@rootdraws, idk how quickly you could put something together more graphic like this, but it would be sick AF with a pixel game theme, player cards for the roles and the info below presented in a digestible way - this can all be refined as needed if it's too word blocky**

I'll prioritize this when I wake up. 💯


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## Terminology

- ERC6551 - an NFT standard that gives every ERC721 token a smart contract account allowing them to own assets and interact with applications.
- SiloHaus - ERC6551 NFT DAO launchpad platform
- Moloch - the DAO framework DAOhaus is built on.
- DAOhaus - a platform for creating and operating DAOs.
- $HAUS - DAOhaus' native governance token.
- WheelHaus - the contributor DAO that funds, builds and maintains SiloHaus.
- $CRANK - represents proportional ownership over the WheelHaus treasury.
- Yeeter - refers to both a fundraising platform and someone who yeets in.
- Transmutation - a trustless OTC DAO treasury swap.

## The Mission - WIP

![](https://hackmd.io/_uploads/S1Wy1R5O2.png)


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. SiloHaus will enable projects to perform a raise through NFT sales where the funds can be instantly zapped into liquidity positions, vote escrow tokens, and liquid staking derivatives.

[Muh Flow Chart]

As ERC6551s, when the NFTs are sold they are minted Moloch shares into their smart accounts and 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]

This mission, if you so choose to accept, will be streamlined through WheelHaus, an on-chain DAO hosted on Optimism. The fundraise will be handled through a public [DAOhaus Yeeter](https://yeet.daohaus.club/). The Yeeter event will give everyone an equal opportunity to contribute ETH for proportional ownership over SiloHaus and a hand in steering the direction of the product. When ETH contributors yeet, they will automatically be distributed CRANK tokens, representing proportional membership and economic rights within WheelHaus.

A 10% platform fee in ETH will be taken from each NFT sale that uses SiloHaus. The WheelHaus treasury will receive 50% of the total fees which are owned by CRANK holders. The other 50% goes towards sustaining both the DAOhaus Protocol as a public good, and the core product contributors and maintainers.

[muh Value Flow Simplified.]

## Yeeter Overview - WIP

- Softcap: 15 ETH
- Hardcap: ???
- Min ETH: 0.5 - 1
- Max ETH: ???
- ETH/Loot ratio: 1/100
- HAUS Price: $4.20 or Velo market price - whichever is greater

Upon successful completion of the Yeeter event, every ETH contribution will be matched with a HAUS token bonus in the WheelHaus treasury. A process known as a transmutation will swap the raised ETH for HAUS tokens in a single trustless proposal.

Once the swap is complete, the ETH will be allocated as follows:
- 15 ETH goes to the development of the SiloHaus MVP.
- 30% of remaining ETH goes towards supporting DH public infrastructure.
- the other 70% will go towards HAUS LP on Velodrome, owned by the WheelHaus DAO.

By adding HAUS LP, a deeper alignment can occur within WheelHaus by guaranteeing long term sustainability for itself, SiloHaus and the DAOhaus infrastructure on which it's all built. WheelHaus will incentivize the HAUS LP with HAUS bribes, playing the Velodrome flywheel game to increase both liquidity and the yield it generates.

The SiloHaus fees that WheelHaus receives will be allocated as follows:

- 50% goes to HAUS LP flywheel
- 50% accrues in the treasury

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

CRANK tokens can be made transferable after being approved via a vote in the WheelHaus DAO.



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## END DECK
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## Notes

### The problem being solved - might be self explanatory probably don't need this section but maybe
Difficulty onboarding, bootstrapping and coordinating around shared initiatives.

- fundraising
- incentives
- onboarding
- coordination
- liquidity
- governance
- interoperability
- composability

Currently, Protocols hold the responsibility of veVELO Accumulation | Voting and Protocol Owned Liquidity. Each project has its own Wheelers, but if there was a fun way to coordinate the community toward Liquidity Needs, each project involved would benefit. 

Additional bonuses are available to each community, since these veDAOs also have small revenue streams from Bribes and Yield. 

These revenue streams act as a budget for community activities or initiatives.

When the veDAO is in excessive profit, they can hedge, or dissolve the project, provided that they can coordinate a vote.

### Evidence that we can execute
We the best.


### Product name ideas

A platform to create erc6551 NFT membership DAOs. erc6551 uses token bound accounts (TBA), which are smart contract wallets owned by erc721 NFTs.

Top picks
1. Silo - stores shit, and is known for missle silos which launch shit
    - could be referred to as SiloHaus, Silo NFT DAOs, SiloHaus NFT DAOs
    - maybe starts off as SiloHaus, and if it catches enough traction it can be shortened to just Silo.
    - NFTs minted from SiloHaus can be referred to as SiloNFTs

2
2. Bindery - a factory that binds books and other content together. There's actually something called a VeloBind which is a specific type of book binding method.
    - could be referred to as BindHaus, BoundHaus, Binder NFT DAOs, NFT Bound DAOs

Other ideas
- DAObound
- Briefcase
- Catapult


