$DRNK governance tokenomics
Your premium access to the happyhourDAO.
$HOUR/$DRNK exchange ratio will be hardcoded at the initial rate of 10/1. All $DRNK governance tokens will be fairly minted, meaning there will be no pre-mined $DRNK to certain individuals.
contract DRNKgovernance is ERC20, Ownable {
address public _admin;
constructor() ERC20('Drunk Governance Token', 'DRNK') {
_mint(msg.sender, 1);
_admin = msg.sender;
}
function mintDRNK(address to, uint amount) external {
_mint(to, amount);
}
function burnDRNK(uint amount) external {
_burn(msg.sender, amount);
}
}
interface IDRNKtoken {
function mintDRNK(address to, uint amount) external;
}
The $DRNK governance token is the official membership token of the happyhourDAO. Any amount of $DRNK governance token will be accepted and considered sufficient to be part of the happyhourDAO. The larger amount of $DRNK governance tokens owned allows for a larger percentage of influence you can have on any happyhourDAO participation. The below outlines the types of privileges and events you can participate in.
$DRNK mint function. Requires inputting DRNK governance token contract, ETH address, and a minimum $HOUR to burn.
function mintyDRNK(address _DRNKaddress, address to, uint _burnAmount) public {
require(_burnAmount >= HOUR2DRNKburnMinimum, "Insufficient amount of HOUR tokens to burn.");
uint DRNKneeded2mint = _burnAmount / 10;
burnHOUR(_burnAmount);
IDRNKtoken(_DRNKaddress).mintDRNK(to, DRNKneeded2mint);
}
Drinkers need to stake a minimum happy hour fee in order to start earning $HOUR. Minimum happy hour fee may be adjusted.
function setHappyHourFee(uint _fee) external onlyOwner {
happyHourFee = _fee;
}
Contract owner may adjust HOUR burn minimum.
function setHOUR2DRNKburnMinimum(uint _burnMinimum) external onlyOwner {
HOUR2DRNKburnMinimum = _burnMinimum;
}
Adjustable earned $HOUR/hour rate
function adjustHOURperhourRate(uint _newRate) external onlyOwner {
HOURperhour = _newRate;
}
Membership into the happyhourDAO grants you access to:
Voting mechanisms
Happy Hour Improvement Proposals (HHIP) submissions and approvals
Special airdrops
Real world exclusive VIP hosted events
happyhourDAO VC arm investments
happyhourNFTs exclusive whitelist
Exclusive access to Web3 version of PDEs
Merchandise
Last updated