BaconDao Scholarship Application
The BaconDao is currently adding candidates to our team of scholars.
Share of Earnings:
In our initial phases, it is imperative for the DAO to recoup its investment. At first the BaconDAO will be partially pay our scholars with $BACON tokens. This will allow the DAO to generate more SLP in the starting phases, without affecting our scholars net earnings. In these stages, the SLP will be split 40% for Scholars, 40% for the DAO, and 20% for the managers.
The $BACON token payment for scholars will be determined after the initial launch phase of $BACON establishes a stable price. The payment amount will be adjusted on a monthly basis, and account for at least 20% of the SLP earnings. This allows the DAO to earn enough SLPs to ramp up the breeding process, while retaining around 60% total revenue split for Scholars.
In the plateau phase, assuming we can scale to hundreds of Scholars each with a team, we will need separate teams of breeders and managers to continue scaling. In this phase, breeders will receive a 20% maintenance fee, Scholars receive 60%, and the DAO would receive 20%. Since there is enough SLP generated by the Scholars in the plateau phase, the $BACON token payment will stop, and the Scholars will receive the standard 60% in SLP directly.
Rules:
-Multiple accounts are strictly forbidden. You can not run multiple accounts on one device. It doesn't matter if the account is personal or from a scholarship you must keep to only one account. This will result in a ban from the Axie servers and your team of Axies will also be banned.
-If you account is banned for any reason you will lose all rewards and will be permanently removed from the program.
-All periods of inactivity must be explained and fully communicated or will risk removal from the program.
-We are here to help each other make more than we could make individually. If you feel this is a place you can thrive we are here to help. Please fill out the below form we look forward to getting to know you.