May Dividend for DAO Governance Members
0.033 USDC per SWD token held 💰
The dividend payment for the month of May has been airdropped to all Governance members. This dividend represents a portion of the DAO income passing through from the Treasury to SWD token holders who participated in >50% of May’s governance votes and have held SWD for >30 days.
$2,793 of pass-through income was split across 44 eligible Dividend recipients representing 84,210 SWD tokens.
The dividend payment is a way for the DAO to share its income with those who help to govern it, and it is an incentive for people to participate in the governance process. We hope that this will help to increase involvement in the DAO and help us to make better decisions about how to allocate our resources.
The SW DAO team remains committed to providing monthly dividend payments to all eligible Governance members. This dividend is our way of ensuring long-term value for our decentralized community, and we appreciate your continued support. This is an important milestone as we continue to grow and develop our operations, and we look forward to continuing to provide dividend payments when possible. Thank you for your continued support.
Why do SWD holders get a dividend?
Our token holders represent the board of directors for our investment bank, and we feel it’s important that you get compensated properly for the million-dollar decisions you’ll be helping to make in the future.
I don’t own any SWD, how can I sign up?
If you like the idea of governing a bank and receiving passive income for doing so, here’s what you need to do:
- Purchase SWD tokens here.
- Hold those tokens for >30 days.
- Participate in >50% of community governance votes per month.
That’s all! Just buy, hold, and participate. You’ll automatically become eligible for the dividend.