If the community expresses positive sentiment towards the project proposal in Discord the DTF will create and launch the proposal for a DAO vote no later than fourteen (14) days after the project was announced in Discord. Community members will then need to cast their vote within the allocated voting time period.
If the vote passes, treasury funds will be released to the projects nominated wallet and the treasury expects to receive the agreed number of tokens in return. In some cases, there may be multiple investment deployment rounds to be released from the treasury after certain project milestones have been met. If the project’s tokens have not yet been issued, a SAFT agreement will be signed and the project’s tokens will be added to the treasury when the token is launched.