Our involvement with projects can vary based on needs and spans across three levels:
Alongside FrogDAO’s native token, we will introduce a FrogDAO Governance Token ($FDG).
Since FrogDAO is a community-driven incubator, Frogs will have a big say and the ability to vote on which projects they would like to see incubated. Upcoming projects who are looking to get incubated, will go through a multi-day voting period in the FrogDAPP. During this voting period, Frogs can vote for the projects they would like to see incubated the most. There will be a separate token-permissioned membership group exclusively for $FDG holders.
Frogs can earn $FDG by pooling liquidity into the ETH/$FDD pool on Uniswap, and therefore receiving LP-tokens (Liquidity Provider tokens). The LP-tokens which Frogs receive for pooling liquidity, have to be staked in the FrogFARM in order to farm the FrogDAO Governance Token ($FDG).
The smart contract which enables farming of the FrogDAO Governance Token, will start 24 hours after the main Uniswap listing of FrogDAO. We’ve taken this measure in order to give all Frogs equal opportunities to farm the FrogDAO Governance Token