$CULT Cult DAO aims to be a fully decentralized organization that funds projects promoting decentralization and fighting against centralization.

How it Works:

CULT tokens are used to fund the DAO's treasury through a 0.4% tax on each transaction.

dCULT:

When CULT is staked within the DAO, it's converted to dCULT, which represents proof of stake. This can be swapped back to CULT at any time, along with any earned rewards.

Decentralization:

The key feature of Cult DAO is its decentralized nature. The protocol is designed to be immutable and resistant to any form of control or interference, including by its creators or governments.

Funding Process:

The DAO's treasury is funded by the 0.4% tax on CULT transactions. Guardians, the top 50 CULT holders, can propose investments for the DAO's funds, but they cannot vote on their own proposals.

Investments:

The DAO invests in projects that align with its mission of fighting centralization and promoting decentralization