SW DAO’s First Monthly Dividend To Community Members

To the first of many many dividends :moneybag:

SW DAO strives to stand out from the competition in the DeFi space. One of the main ways we do that is by allowing our community to own part of the business. SWD token holders are rewarded with cash payments by receiving a share of the revenue we generate through product and service fees.

Today, we’re excited to announce that we just airdropped 0.527 USDC per token held into the personal wallet of everyone who participated in our first governance vote.

For those of you who’ve been with us since the early days and received the community airdrop of 1000 tokens, that translates to $527. Enjoy! There’s more coming next month, and every month thereafter.

That sounds too good to be true!

We agree that it does, but it isn’t. 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 for this?

If you like the idea of governing a bank and receiving passive income for doing so, here’s what you need to do:

  1. Purchase at least 100 SWD tokens here . Unfortunately, gas fees currently prohibit us from sending the dividend to addresses with less than 100 tokens.
  2. Hold those tokens for at least 30 days.
  3. Participate in at least 50% of community governance votes per month.

That’s all! Just buy, hold, and participate. You’ll automatically become eligible for the dividend.

To those who received their USDC today, we thank you for your early support and participation, and can’t wait to go on this journey with you.

You can read more about the monthly dividends in our GitBook:

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