Connect Financial Community Update

General development update

ConnectDAO update

  1. Performance fees are paid into the ConnectDAO Treasury from all of the DAO’s projects (including Connect Financial).
  2. DAO members create proposals to allocate a portion of the ConnectDAO Treasury to the Rewards Treasury.
  3. pCNFD are automatically minted by the smart contract and distributed to DAO members based on their proportional CNFD holdings of the total pool.
  4. pCNFD can be withdrawn or redeemed at any time for USDC and other ERC20 tokens.

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