NeptuneDAO

ABOUT

Neptune is a decentralized autonomous organization (DAO) that aims to invest in various liquidity opportunities in the decentralized finance (DeFi) ecosystem and beyond. Neptune members pool together capital and then democratically vote on investment strategies.

In order to accommodate speedy and time-sensitive transactions, Neptune will have a third-party group, Alignment Engine, Inc., run by Sam Cassatt, to help facilitate strategies voted on and approved by Neptune members. Neptune, like other liquidity providers, will aim to generate yield on these strategies.
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solution

Using a digital wallet, such as MetaMask or a wallet compatible with WalletConnect, Members can contribute to Neptune after they have been approved (i.e., verified as an accredited investor, passed KYC/AML checks, etc., as applicable and as further outlined here).

The Members, acting by majority vote, have the right to elect to invest capital contributions to Neptune in either Ether, Bitcoin, and/or fee or interest bearing cryptocurrencies or other digital assets. The vote will occur via the Dapp and voting procedures can be varied by the Members.
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how to join?

Membership in Neptune is currently limited to accredited investors, as defined under U.S. law. The total number of members will be capped at a maximum of 99 members.

Members have the opportunity to contribute Ether to Neptune by purchasing between 100,000 and 900,000 units representing an ownership in Neptune ("Neptune Units").

Units will be sold in blocks of 100,000. Each block of Neptune Units will be sold for 60 Ether. Each Member will be permitted to purchase up to 900,000 Neptune Units (9 blocks). The LAO will be allocated 200,000 Units of Neptune for its role in helping to formulate Neptune, in exchange for a contribution amount of 60 Ether.