Token Gateway

The Arena Token Gateway serves as an important tool for onboarding key members into the DAO, managing the community-driven application process and token distribution through vesting. This contract enables the DAO to carefully curate the influx of new talent while fostering long-term commitment and alignment with the DAO's vision.

Key Features

  • Streamlined Application Process: Easy submission and management of DAO membership applications.

  • Fair Review System: Applications are reviewed through the DAO's democratic governance process.

  • Incentive Alignment: Accepted members receive tokens with some upfront and the rest through a vesting schedule, encouraging long-term participation.

  • Flexible Management: Applicants can update or withdraw their applications as needed.

How It Works

  1. Apply for Membership: Potential members submit their applications, detailing their background, skills, and how they plan to contribute to the DAO.

  2. Community Review: Existing DAO members review and discuss applications through the governance system.

  3. Decision and Onboarding:

    • If accepted, the new member starts receiving DAO tokens according to the vesting schedule.

    • If rejected, applicants receive feedback and can improve their application for future consideration.

  4. Ongoing Participation: As new members receive their tokens over time, they become increasingly invested in the DAO's success.

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