$YINDAO Token

$YINDAO is the primary utility token of the SHIBU Society ecosystem

$YINDAO has a max supply of 3.000.000.000 tokens, and it enables a range of activities, including staking, rewards distribution, form of payment, and participation in investment opportunities.

$YINDAO is the heartbeat of our ecosystem. Whether you’re participating in our daily community quests, holding a SHIBU NFT, $YINDAO will be at the center of all transactions and rewards. $YINDAO enables a range of activities, including staking, rewards distribution, Form of Payment, and participation in investment opportunities.

Decentralized Decision-Making: A Web3 Shark Tank

Think of $YINDAO as a decentralized version of Shark Tank, where instead of a small group of investors making decisions, every member of the $YINDAO community has a voice. Investment proposals are submitted and voted on by the community, ensuring that every decision reflects the collective wisdom and interests of all participants.

Investment Strategy and Treasury Management

DAO investment generates revenue back to the DAO. Each revenue will be equally distributed with the help of our audited smart contracts. YIN DAO’s revenue distribution model ensures that profits from investments are shared equitably. The distribution will be as followed:

• 50%: Allocated to the treasury for the DAO’s passive income.

• 20%: Distributed to $YANG token holders via a tiered reward system.

• 10%: Used to buy back and burn $YINDAO tokens, reducing supply and increasing scarcity.

• 20%: Allocated to the YIN DAO Council

This strategy ensures that our investors, are rewarded proportionately to their commitment, and ensures that $YINDAO remains a deflationary token, with its value and scarcity continually increasing as more investments succeed.

Buyback and Burn Mechanism

YIN DAO incorporates a Buyback and Burn Mechanism, where 10% of the profits from investments are used to buy back $YINDAO tokens from the open market and burn them. This deflationary model helps increase the scarcity of $YINDAO tokens, potentially driving up their value over time. The Buyback and Burn will be executed quarterly till the total supply has decreased from 3 billion to 2 billion tokens through this mechanism.