2. Key Features of the GreenYield DAO tokens

Governance and Utility 

GreenYield DAO participation is highly encouraged as it’s a co-op member owned  organisation where everyone can participate in shaping the future of the GreenYield  ecosystem. This will encourage participation in the member-managed DAO activities  and let members contribute to the DAOs objectives – to democratise the global  access to green infrastructure and offset impact, independent on one’s own ability  to host any renewable infrastructure. Funds raised by the $GreenYield tokens participation will be directed to acquiring and operating renewable infrastructure - initially as defined in the GreenYield DAO charter as Solar Parks. All profits from the  GreenYield ecosystem will be reinvested in more installed capacity, creating auto compounding asset value. This is not paid out to the $GY holders, as it’s intented as  a utility token for anyone interested in contributing to the GreenYield ecosystem. 

Membership 

While the utility $GreenYield tokens are not regulated securities and do not pay yield  to holders and do not represent any equity stake in the GreenYield DAO LLC. They  will be issued under EUs MiCAr regulation classed as “other” utility tokens. 

$GY may be locked by holders who wish to claim their equivalent DAO membership  in the GreenYield DAO – represented by $GYMember tokens (or on “paper” (digitally), providing access to voting rights and other members only opportunities.  

The $GYMember tokens, represent membership, and will therefore require holders  to provide the necessary information to be accepted as eligible token holders and  DAO LLC members. so while the utility token $GreenYield will be freely transferrable  (within permitted locations as stated in the DAO and token charters), the  $GYMember Tokens will not be freely transferrable as new holders must first be  approved and have their wallets whitelisted as they represent direct membership in 

the GreenYield DAO LLC. Holding $GY tokens is not a right to DAO membership. Users based in locations where holding the $GYMember tokens would require it to  be regulated under domestic (of the holder) regulation are to refrain from holding the  tokenized membership, and will instead be able to hold the paper (digital)  membership. 

Liquidity

For those wishing to contribute to the GY ecosystem but not hold membership, the  $GYLP tokens represent a good opportunity. While the tokens themselves does not  pay interest, different fixed-interest contracts will be available with varying yield  depending on the lock period and other factors. 

Capacity

The GreenYield ecosystem will represent the nominally installed Wp capacity 1:1  with the $GYWatt tokens to provide a simple way for the ecosystem to prove the  capacity of the infrastructure in an auditable way. These RWA tokens will initially not  be traded or shared outside the ecosystem, but will represent a right to a share of  the KWh-production profits, less opex and reinvested capital, of the KWhs sold to the  energy grid. They'll be held by the GreenYield organisation, and the corresponding  profits will be managed as defined by the GY DAO Charter and Governance. 

2. Supply and Distribution 

The total supply of $GreenYield tokens at the TGE is 100b. The tokens will be  distributed as follows: 

● 5% - Liquidity provision, marketing, listing fees and general operating costs. ● 75% - Ecosystem Fund for fundraising for the DAO 

● 20% - The Core contributors pledge to lock their allocated $GY to issue the  corresponding $GYMember tokens and then loan the $GYMember  tokens to the non-profit GreenYield Foundation DAO guiding the  ecosystem. 

The $GY tokens held by the GreenYield DAO will held in the treasury and a token  lock contract and released externally only against contributions of new capital in  selected stablecoins or against “contribution in kind” of existing assets (e.g. an  existing solar panel park).  

As a safety measure for credibility of the GreenYield ecosystem, the GreenYield Foundation DAOs holding of $GYM may not be withdrawn in a period of three years  after it received them and then not at a ratio that would exceede 20% of the sold  (and therefore released from the GreenYield DAO) amount of $GY. The GreenYield  Foundation will use a token lock to only release the pledged $GYMember tokens  annually over the 3 years.

3. Token Distribution 

$GY tokens from the GreenYield DAO treasury may be distributed through various  mechanisms, including the following. 

Private and Public Sales 

The DAO will launch private and public sales of the $GY tokens to attract liquidity for  the installation of renewables infrastructure i.e. initially solar parks incl. land, permits  etc.

Participation 

Providers of Liquidity to the DAO will receive $GYLP tokens. The holders of may  receive yield via staking contracts, based on governance decisions taking into  account the performance achieved and a ratio between investments into expanding  the capacity and paying yield (fixed or variable) to these token holders. 

Listing and liquidity 

The GreenYield DAO will seek to expand the adoption and market cap of GreenYield  DAO via liquidity provisioning on relevant marketplaces and seeking exchange  listings where it's deemed relevant and other distribution channels. This will make it  easy to enter and exit the ecosystem. 

Copyrights GreenYield DAO LLC.