<aside> 🐽 $TDF gives access to TDF Co-living

</aside>

Whitepaper 2.0

OASA Whitepaper V2.0 🌳

Purpose:

• Access to the co-living space
• Fundraise total cost of construction
• Raise for liquidity for members to exit
• Feed the community treasury (exit liquidity + maintenance + expansion)
• Expanding Economy → Building more occupancy for more people to join
• Retracting Economy → Not enough members, and so we find alternative ways to create cash flow for project
• Token price should be designed to increase in a fair way to account for project risk during the build phase, and then should stabilize post GOLIVE to disincentive speculation
• Not a financial instrument
  • How to govern?

Characteristics:

• Bonding curve for liquidity

• Multi staking pool

  • Staking Pool for Stay
  • Mortgage Pool
    • Investors put their tokens in order to do an exit to the commons - members can buy tokens over time with interest
      • Should the price be set a the moment of signing the contract (that’s what a regular mortgage does)
      • Should the interest have some variability to account for future economic context?
      • Mortgage contract shouldn’t compete with sale contact before go-live
      • Examples
        • In 2022, Investor A buys 365 tokens at 240 cEUR/$TDF (87600 cEUR), and put them in the mortgage contract.
        • In 2023, a member signs a mortgage contract to buy 365 $TDF tokens from the mortgage pool to get 6 months access to TDF in a private suite, at the current token price of 295 cEUR/ $TDF, with a 6% interest p.a. over 10 years. The member gets the use right away of his tokens, and must put down a 10% stake (10767.5 cEUR) which he won’t recover in case of default.
        • Each month, the member pays 1,075.87 cEUR. Over the 10 years, the member will pay 32,197.13 cEUR in interest.
        • At the end of the the 10 year contract, the investor would have received 129,104.63 cEUR back.
        • If the member defaulted on the mortgage after 5 years, the member would walk away with 187.25$TDF and the investor with 177.74$TDF + 10765.5 cEUR deposit (plus the 6% interest paid each month so far, or about 21k cEUR). If the price of the $TDF token at that time would be 350 cEUR, the members tokens would be worth 65537.5 cEUR (roughly equal to total money spent), and the investors total return would be worth ~93974 cEUR.
        • If the price of the $TDF token at that time would be 250 cEUR, the members tokens would be worth 46812.5 cEUR, and the investors total return would be worth ~76200 cEUR.
  • Rental Pool
    • Investors can put their tokens in a contract, members can rent from them for cEUR.
      • I.e. Investor A buys 365 $TDF in 2022 at 240 cEUR and leases them through the contract for 30 cEUR / $TDF per year. At 60% usage rate, the investor would get a total rental payment of 6570 cEUR per year (7.5% return).
      • ⚠️ Can a max rental price be determined by the DAO to avoid going into an extractive capitalistic system?
      • ⚠️ Can we legally do this?

• What is the optimal number of $TDF?

• Dynamic Supply

  • Iterations of the smart contract for optimal usage

  $TDF row Primary Market Dynamics

Governance decisions:

• Masterplan / Roadmap proposals
• Changes to Token economics / Upgrades to smart contract / change of governance mechanics
• Approval of members / Ban of members
• Replacing board of developing/operating companies
• Use of the Treasury / acquisition of new assets

Token Launch:

• Lock tokens until we sell 15870 (providing liquidity for project + €1m reserve)
• Once these tokens are sold, upon completion of construction, excess money DAO decides
  • Liquidity Pool (Closer?) - doesn’t serve purpose of non-profit?
  • Expansion Economy

<aside> 🌴 $OASA impact/investment - future carbon credits?

</aside>

• Collected treasury spent according to the impact of each project/proposal - Land Regeneration Principles (regeneration potential of each land) - but with the aim to acquire new lands to develop villages on, or lands nearby existing villages to help regenerate the local region surrounding each village project.
• For Lars: Would rewarding $OASA holders with $CARBON tokens constitute a financial return?
• Expected return
  • Estimated cost for 100.000 ha of land?
  • Cost to regenerate 100.000
  • Estimated CO2 capture of 100.000 ha: 350k
  • Estimated CO2 T price in 2029 (Forbes): 229$
  • ~80M$/y (2030)
  • Other returns:
    • food production
    • housing (swap for $VILLAGE tokens?)