Introducing DREAMBYT3, a groundbreaking NFT marketplace that’s not only sustainable but also offers a unique revenue-sharing model. By staking $DREAM LP tokens, users can earn veDREAM, which provides a steady stream of passive income and governance power over the DREAM DAO.
Key Challenges Addressed by DREAMBYT3:
- Fostering sustainable growth in the NFT ecosystem by aligning the economic interests of NFT holders, creators, collections, and marketplaces.
- Providing unwavering support for creators, to catalyze innovation in the NFT space.
- Implementing a low, flat fee of 1% for all NFT trades.
The Power of $DREAM: Holders of $DREAM can leverage two distinct utilities within the DREAM DAO:
- Revenue Sharing through Staking: $DREAM holders can share in the revenue of the NFT marketplace. Inspired by the veBAL model, veDREAM holders will be rewarded with 50% of protocol fees from trading, paid in $WETH, every week.
- Governance: $DREAM holders who wish to participate in governance will need to stake their $DREAM LP tokens. This innovative model, inspired by the Balancer protocol’s veBAL mechanism, allows veDREAM to enable voting power. Long-term stakers are rewarded with the ability to influence the direction of the DAO.
