Operations
How is revenue spent?
Below is an estimate based on the real-world experiences of the team in managing short-term rental units:
40% for property overhead (rent, maintenance, cleaning, etc)
20% for labor and operation expenses
40% net profit
50% of this is sent to the staking pool
50% is used to acquire new properties
This is our current plan but we are still verifying with our lawyers to make sure everything is good to go. Rewarding the community is the #1 reason this project was started so rest assured we will achieve this.
What governance rights will DAO BnB Members have?
The proposal, approval, and execution of DAO BnB matters, including, but not limited toβ¦
Approval of DAO BnB functional operating committees
Property selection process and approval
Design, and overall vision of DAO BnB
Marketing, partnerships, and sales
How long will it take to develop the booking system?
Booking system should be live Q3 but the properties will already be generating revenue via Airbnb and VRBO.
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