$VESPER

Some time after the genesis mint, the E·DAO token will be launched.

The Ethereum DAO token, $VESPER, will be used to invest in and build new projects that empower the Ethereum ecosystem (along with the validator rewards).

$VESPER will be used in a number of ways including distributions to NFT holders and team members, investments in Ethereum-based ecosystem projects, launching of validators, grant distributions, funding marketing projects, research, and other things as decided by the community. Tokenomics will be released and distribution will be voted on before launch.

Token holders, like NFT holders, will receive a portion of the rewards from E·DAO activities (much like the $Hamachi token, for example). $VESPER will not only accrue rewards back to the user, but the strength of the token itself will be backed by the ever increasing validator stack.

The token will provide an opportunity for those who were unable to mint or could not afford an E·DAO NFT on the secondary market to join the community.

The exact distribution allocation will be decided by the community.

$VESPER will be backed by and theoretically accrue value in relation to our validator nodes and every other E·DAO venture.

Ethereum DAO will also develop in-house projects to strengthen the Ethereum ecosystem.

If you think you have an idea about the types of projects E·DAO has in the pipeline, think bigger.