Introducing Fiscus DAO
Fiscus DAO (FISC) is a currency backed by a treasury of cryptocurrencies created from the revenue of real world assets
What is Fiscus DAO?
Fiscus DAO brings real world assets on-chain in the form of NFTs. Fiscus DAO owns the revenue of these assets, without taking on any debt. Fiscus DAO brings off-chain legacy financial structuring on-chain. Fiscus DAO is not a lending protocol. The revenue from real world assets (think real estate, royalties, and ranches….just to name a few) is stored in the treasury as ETH, OHM, and DAI.
Growth without risk is accomplished by our ‘Revenue-as-a-Service’ model (RaaS). We’ll dive into more detail on this concept in our whitepaper. In the meantime, know that RaaS can be used by other protocols on all chains as a way to profit from real world assets without risk…..yes, WITHOUT RISK. RaaS also provides Fiscus DAO with another owned revenue stream.
Fiscus DAO is the combination of international structured finance and DeFi while being wrapped in a warm community-governed blanket.
TL;DR
- Fiscus DAO — a currency with a treasury that owns real world assets and crypto
- A combination of structured finance and DeFi to create riskless leveraged revenue
- ‘Revenue-as-a-Service’ is Fiscus DAO’s service to add real world assets/revenue to other protocols
- Deflationary token (FISC) with all the beautiful lessons we’ve learned since 2009:
Max Supply: FISC is capped at 100,000,000 tokens
Treasury backed: Not a meme stock (no offense to the doges)
ETH-like burn: The DAO can decide when/if to have a FISC bonfire
We are at the beginning of a fun, rewarding, and profitable journey that will see increased adoption, stability and growth of the entire crypto ecosystem. We seek like minded, positive people to join our community. We welcome crypto contributors, devs, and the (3,3) hodlers. We look forward to working with you all. Follow us on Twitter as we roll out our Discord, Roadmap, Website, and UI.
(Yes, there will be 5 digit APYs and the Fairest Launch structure possible)
