Snowcat DAO on the Avalanche (AVAX) C-Chain Network brings the concept of fast-and-furious 8-day “layers” to the DAO world. After operating under the standard DAO mechanics of staking and bonding for 8 days, 80% of all non-LP treasury funds will be used for buybacks on day 9! Custom code ensures that all buybacks happen on the correct LP without the admin having direct access to funds.
Snowcat DAO is an exciting short-term financial game the likes of which had never been executed properly until MiniPanther, the team’s previous short-term DAO.
Unlike Snowdog DAO, the Snowcat/MiniPanther code directly ensures that all buybacks are made with transparency and fairness!