Codo
  • Codo Knowledgebase
    • Introduction
    • Quick start
  • Community
    • Projects
      • Smart Contracts
    • Contributors
    • Economics
      • Compensation
        • Cryptocurrency based
        • NFT based
      • Codo Grants Program
  • The Flow
    • Principles
    • Task Flow
    • Review Process
    • Applications
      • Planner
      • Decisions (in development)
  • Governance
    • Codo Governance Token
  • Technology
    • Ethereum
    • Ceramic and ComposeDB
    • Web Components
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  1. Community

Economics

While the Codo Community is set up as A non profit Organisation (more specifically a Wyoming DUNA) there is a financial model around fee collection. In short:

  • Every Task that is being accomplished on Codo is subject to a low fee (currently 4.5 %).

  • Fees are collected via the Project Smart Contract

Codo's Income is distributed to the Codo Project's contributors, the Governance participants and to the larger Community by way of Grants. A fraction is also retained for the operation of the Project.

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Last updated 1 year ago

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