Treasury
Revive DAO has recently made a significant investment of $150,000 in an exclusive Ooxy Labs investment opportunity. This investment is expected to provide Revive DAO with a 20% bonus, which will increase the overall value of the investment to $180,000. This investment is an exciting opportunity for Revive DAO, and it demonstrates the team's commitment to identifying and pursuing high-potential investment opportunities in the cryptocurrency space.
The tokens associated with this investment are 100% owned by Revive DAO, and they will be released according to a vesting structure. Specifically, 10% of the tokens will be released on the first day of Ooxy's launch, and the remaining tokens will be gradually released over the course of a year followed by 90% of tokens being vested over 11 months which will be daily claimable for the Revive DAO This vesting structure is designed to ensure that the tokens are released in a responsible manner, and it provides a level of certainty for investors.
Once the tokens are released, they can be traded, staked, or farmed, depending on the decision of the DAO. This flexibility is an important aspect of the investment, as it provides Revive DAO with a range of options for how to utilise the tokens to help bolster their treasury - Tokens can also be injected into backing raising floor price or used for expenses, marketing and development.
Overall, this investment is a significant development for Revive DAO, and it demonstrates the team's commitment to identifying and pursuing high-potential investment opportunities in the cryptocurrency space. By investing in Ooxy Labs, Revive DAO has positioned itself for potential long-term growth, and it has taken an important step towards achieving its mission of fostering collaboration and innovation within the cryptocurrency community.
The Revive DAO will also introduce further utility, sister projects & revenue sources to continue to bolster the development of Revive & future ecosystem projects.
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