What is MoonDAO?
MoonDAO is a collective of people from all over the world that are accelerating the development of a self-sustaining, self-governing settlement on the Moon to act as a launch point into the cosmos.
What is $MOONEY?
$MOONEY is the token we use to govern and coordinate our community. To govern MoonDAO you must lock $MOONEY for some period of time to get voting power. You can read more about how this works in our governance documentation and constitution. There will always be a fixed supply of $MOONEY, see treasury. There is no expectation of profit with this token. You are not receiving fractionalized ownership of the DAO’s assets in exchange for the token. No element of the $MOONEY and/or Ticket To Space NFTs qualifies or is intended to be an offering of securities in any jurisdiction, nor does it constitute an offer or an invitation to purchase shares, securities or other financial products. Please check our website’s FAQs for more information and disclaimers. You can learn more about the tokenomics of $MOONEY here.
How do I acquire $MOONEY?
If you already have a wallet with ETH, you can acquire $MOONEY here via Uniswap. If this sounds like a foreign language to you, we’ve made a simple method of purchasing $MOONEY with a credit card or debit card along with wallet creation via email or social login in our website.
How does voting at MoonDAO work?
We publish proposals on our website and members with voting power can vote on the proposals. A binary proposal passes if a super majority (greater than 66.6%) of the voting power agrees with executing it. Locking $MOONEY gives you $vMOONEY in proportion to the amount locked and the remaining lock time. Voting power is the square root of your $vMOONEY.
Why do I need to lock to vote?
We want our community to be controlled by those with a long-term view and commitment to our mission. Locking measures commitment by restricting tokens for some amount of time. The amount and duration is determined when selecting during the locking process. Users can purchase any amount of $MOONEY via Uniswap and lock some or all of that for any amount of time between one week and four years.
What do I get in exchange for locking $MOONEY?
Locking gives you governance inside of the community. Our treasury is co-governed by all $vMOONEY holders. All our financial decisions are approved by them. You can vote on proposals here.
How do I contribute to MoonDAO?
MoonDAO is organized into teams called “Projects,” you can view the ongoing projects that have open roles or are looking for contributors by becoming a Citizen and visiting the job board, which also includes space job postings from outside Teams.
How do I submit a Proposal to MoonDAO?
Anyone can start the proposal process by joining the Discord and posting in our ideation channel. MoonDAO members ($vMOONEY holders) then fill out a Proposal Template and submit it. The proposal will be reviewed by the MoonDAO Senate, and if it passes the review process it will be voted on by our members. Project proposals also follow the quarterly deadlines in the Project System. See our Governance Model to learn more.
How is my voting power calculated?
Voting power is the square root of your $vMOONEY. $vMOONEY itself is linear in the amount of $MOONEY you lock and the time remaining until unlock. Taking the square root of $vMOONEY is quadratic voting: it reduces the influence of very large holders so that decisions are more balanced across participants.