3.4. Toolkits Voting

The purpose of Toolkits voting is to attract developers to develop more profitable, composable and sustainable tools and dapps for DAO.

Toolkits Voting also is a dedicated engine that promotes the interconnection of User, Web3.0 community, and Tool Developer to increase the mutual interest of Nutbox's entire ecosystem. Its process is as follows:

  • Web3.0 community deploys a certain Tool to the community panel and creates a voting Pool tagged with community and Tool (Community x Tool Pool for short) simultaneously;

  • Community Members distribute Nutbox voting power between the Community × Tool Pools of the community to get NUT and community Token;

  • Tool Developer and Web3.0 community can also get a certain percentage of NUT according to the vote result.

In Nutbox's economic model, 35% of NUT will be distributed through Toolkits voting. The number of NUTs obtained by each Community × Tool Pool will be determined by 1) the voting power in the pool, and 2) the gas fee of the corresponding Tool in the corresponding community (user).

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