Token and Decentralized Autonomous Organisation (DAO)

Dirac Finance functions as a fully decentralized ecosystem, governed entirely by its Dirac token holders. Within the Dirac community, each member has the agency to propose enhancements, innovative strategies, and upgrades to the Dirac DAO.

Such proposals have the power to initiate a community-wide vote, provided they secure the requisite quorum of the total Dirac token supply.

The governance framework extends to various crucial themes, each subject to token holder voting:

New Derivatives and Structured Products

Exploring new derivatives and structured product offerings to enhance the protocol's capabilities.

Mathematical Finance Models:

Delving into the realm of mathematical finance models to refine and optimize the pricing and performance of our offerings.

Blockchains and Layer 2 Deployments:

Evaluating the integration of diverse blockchains and Layer 2 solutions to expand Dirac Finance's reach and accessibility.

Smart Contracts:

Continuous improvement of smart contracts to bolster the security and efficiency of the ecosystem.

Marketing and Communication:

Shaping the marketing and communication strategies to ensure wider community engagement and understanding.

Rewards and Incentives:

Tailoring rewards and incentives programs to maintain an attractive environment for users and contributors.

Remuneration:

Deliberating remuneration structures that align with the sustainable growth of the protocol.

A total of 10 billion Dirac tokens, called DIRAC, have been designated to benefit the community and fortify the protocol's sustainability:

40% for the Community:

The lion's share of the token supply is dedicated to serving the broader Dirac community.

9% for the Team:

Allocated with a lock-up period and a structured vesting schedule of 18 months, with a cliff of 8 months.

3% for the Advisors:

Allocated with a lock-up period and a structured vesting schedule of 12 months, with a cliff of 6 months.

5% for Dirac DAO Growth:

Allocated to empower the DAO, ensuring that it remains well-equipped to govern the protocol effectively.

9% for the Seed Round:

Allocated with a lock-up period and a structured vesting schedule of 18 months, with a cliff of 1 week.

2% for the Public Sale / Launchpad:

The Public Sale/Launchpad aims to provide support to the project's launch and initial activities, allowing a broader audience to acquire tokens. Additionally, it aims to increase the decentralization aspects of the protocol through acquiring a higher number of token holders.

5% for Exchange Liquidity:

This allocation is designated for listing on decentralized exchanges (DEX) and centralized exchanges (CEX).

5% for Marketing:

This allocation is for promoting and creating awareness. These funds can be used for various marketing activities, including partnerships and community engagement.

22% for Rewards (Staking…):

An attractive staking system will be set up from the Token Generation Event; this system will be linked to the voting process via DAO. Participants in the staking system will be rewarded for their contribution to the governance of the protocol.