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sns_init.yaml
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sns_init.yaml
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name: EKOKE DAO
description: The EKOKE DAO provides a decentralized platform for people to buy real-estate properties using a tokenized system, based on installments and fungible token rewards on a deflationary currency.
url: https://dapp.ekoketoken.com
logo: ./assets/images/ekoke-logo.png
Token:
name: EKOKE Governance Token
symbol: EKOGOV
transaction_fee: 1000 e8s # 0.00001 EKOKE
logo: ./assets/images/ekoke-logo.png
NnsProposal:
title: NNS Proposal to create an SNS named 'EKOKE DAO'
url: https://forum.dfinity.org/t/upcoming-ekoke-sns-decentralization/29294/1
summary: >
NNS Proposal to create an SNS named 'EKOKE DAO'.
## Introduction
Greetings IC fam, it's the EKOKE team! We're thrilled to announce our SNS DAO proposal!
EKOKE is ready to unveil its SNS DAO and will initiate decentralized real estate operations once key milestones are met. Below are vital aspects of our journey.
## What is EKOKE
EKOKE is an innovative tool that aims to innovate the real estate industry. Here are some key points about EKOKE token:
1. Tokenization of Real Assets: Ekoke focuses on the tokenization of real assets, allowing digital representation of real estate properties. This enables tokenization, installment sales and self-financing in the real estate market.
2. NFT Marketplace: Ekoke token also contributes to creating an Non-Fungible Token market dedicated to real estate. NFTs represent unique digital assets and can be linked to specific properties, providing a new way to trade and invest in real estate.
3. Built on ICP Blockchain: Ekoke token is built on the Internet Computer blockchain, which ensures security, efficiency, and reliability for real estate transactions. The ICP blockchain offers velocity and robust document conservation.
4. Finite Supply and Deflationary Mechanism:
- Ekoke Token has a limited quantity of 8.880.101 pieces, designed to resist inflationary pressures.
- It employs a deflationary economic model, leading to a decrease in circulating supply over time. This scarcity enhances its potential as a defense mechanism against inflation.
- The token's extended 99-year lifespan adds stability, serving as a long-term hedge against inflation trends.
5. Autonomous Governance by DAO: As Ekoke Token evolves, it transitions into an autonomous phase managed by a Decentralized Autonomous Organization in Wyoming US state. This decentralized governance structure enhances transparency and resiliency.
6. Rewards for Digital Property Holders: Ekoke Token serves as a rewarding instrument for holders of digital assets. Investors participating in the Ekoke ecosystem may benefit from its deflationary nature and potential value appreciation over time.
7. Real Estate Compliance: The property description from EKOKE is based on official documents such as the title deed, cadastral survey, energy certificate, electrical system certificate, and other pertinent documents as required by local laws. It also includes geolocated and dated photos of the property and the identity documents of both the seller and buyer. EKOKE validates these documents for accuracy before they are included in a property-specific NFT collection, which provides a basic description for prospective buyers. Access to sensitive data is restricted to lenders only. Once the debtor and the seller fully settle their debts, the NFT representing the property is deleted.
8. Network of Real Estate Agencies and Lawyers: The identities of both the buyer and seller are verified through local real estate agents and lawyers.
dapp_canisters:
- v5vof-zqaaa-aaaal-ai5cq-cai # deferred
- TODO: index
- TODO: ledger
- un25n-wyaaa-aaaal-ams5a-cai # erc20 swap
- uk33z-3aaaa-aaaal-ams5q-cai # erc20 swap frontend
- v2uir-uiaaa-aaaal-ai5ca-cai # liquidity pool
- vtxdn-caaaa-aaaal-ai5dq-cai # EKOKE REWARD POOL
- vuwfz-pyaaa-aaaal-ai5da-cai # marketplace
Proposals:
rejection_fee: 1_280_000 e8s
initial_voting_period: 4d
maximum_wait_for_quiet_deadline_extension: 1 day
Neurons:
minimum_creation_stake: 500_000_000 e8s
Voting:
minimum_dissolve_delay: 26 weeks
MaximumVotingPowerBonuses:
DissolveDelay:
duration: 8 years
bonus: 100%
Age:
duration: 4 years
bonus: 25%
RewardRate:
initial: 2.5%
final: 2.0%
transition_duration: 12 years
fallback_controller_principals:
[siur6-vjlpc-yfvqh-t24v2-phx5n-r5mvm-v7kbo-s6ubm-idjky-jgwug-7qe]
Distribution:
Neurons:
- principal: vtxdn-caaaa-aaaal-ai5dq-cai # EKOKE REWARD POOL (missing: 1_664_030.303)
stake: 1_000_000 tokens
memo: 0
dissolve_delay: 3 years
vesting_period: 3 years
- principal: m74yx-ujziy-xrkod-nlc26-b5cwo-zaiqb-xmamz-x3sc6-xdey3-wnmo7-gae # dev team
stake: 1_332_015.152 tokens
memo: 0
dissolve_delay: 1 month
vesting_period: 1 month 1 second
InitialBalances:
governance: 2_131_224.242 tokens
swap: 4_416_861.616 tokens
total: 8_880_101.01 tokens
Swap:
minimum_participants: 40
minimum_direct_participation_icp: 36 tokens
maximum_direct_participation_icp: 369_000 tokens
minimum_participant_icp: 10 tokens
maximum_participant_icp: 10_000 tokens
confirmation_text: >
I confirm my understanding of the responsibilities and risks
associated with participating in this token swap.
restricted_countries:
- US
- KP
VestingSchedule:
events: 4
interval: 1 months
start_time: 12:00 UTC
duration: 14 days
neurons_fund_participation: true