Honorary Members

Honorary members of the Mino DAO will need to be bought in using $RBN, on top of the one-off membership fee.

Some perks of Honorary Members include

• Guaranteed WL for minting

• Priority minting

• Quarterly dividend - 12% of Treasury's $USDC & $sTLOS holdings

Honorary members will need to take on some responsibilities that may include

• Sharing of prediction events on social media - To promote more participation in events

• Being active in the community

• When a Mino NFT Player is supposed to be rewarded, notify at the appropriate channel in the Discord Server

• Actively sharing and promoting perks of honorary members

• Taking on business development roles - proposing projects that we can collaborate with, and engaging in such projects.

• Fund Guardians - cosigners of treasury

However, honorary members can be deemed inactive on a monthly council vote. Inactive members that do not receive the minimum quorum will not be eligible for the perks. However, if an inactive honorary member wishes to receive any perks for the quarter, the honorary member can contribute the minimum required $RBN in order to reactivate their membership before the distribution. Inactive honorary members will be removed at the end of each quarterly dividend distribution and new honorary members will be able to take their place.

Honorary members should not see this as a job, but rather as a place, they'd be happy to be in during their available times.

A total cap on the number of honorary members will also be introduced. For every 10 members, there will be 1 honorary member. This will ensure that only the best can be allowed into the honorary member's circle.