SniperDAO WHITEPAPER V1

1 - Introduction

SniperDAO is a project that aims to benefit the community by sharing the profits generated from various operations in the cryptocurrency market.

The essence of our project lies in revenue distribution among project investors, with a primary focus on the "snipe" operation, where a tool(bot) is employed to be one of the first buyers during the launch of a target token.

2 - Team Structure

The core of SniperDAO is its team, composed of:
- Operators: who define a target and execute the entire operation using tools developed by the programming team. to the project.

- Ecosystem Development Team: the main goal is to research, create, and enhance tools that will be useful for the project. This team will have research funding, with resources stemming from a portion of the profits generated by treasury operations. The team's objective is to bring profits

3 - Governance

SniperDAO's governance is community-driven. We recognize the significance of each member, and thus, the project team aims to put important decisions regarding the project's direction up for a vote. The community is encouraged to vote and contribute valuable suggestions, all of which are executed with transparency.

4 - Treasury

For the sake of organization and security, the project's funds will be distributed across various wallets, each representing a specific purpose. Everything will be presented with transparency.

Funds related to operations will be distributed among the wallets of the operators, with each operator having their own unique wallet. The project will also include a wallet for emergency reserves, another for profit distribution, one for buybacks and liquidity addition, and yet another related to project development.

In some situations, we may reallocate a portion of the funds from one purpose to another. Example, if the emergency reserve has a substantial balance, we may transfer part of that balance to the profit distribution wallet.

5 - Operations

As mentioned in the introduction, the project's primary focus is on the "snipe" operation. As the project's treasury grows, we plan to diversify our activities by also engaging in trading operations, "buy and hold" strategies, arbitrage, futures contracts, and other activities that may involve higher risks. However, this diversification will be carried out on a smaller scale and under the supervision of the project managers.

6 - Profit Sharing

The primary income distribution model adopted by SniperDAO operates based on the "revenue share" principle.

To benefit from this model, investors need to register their wallet addresses in our system. The distribution of earnings is calculated using a formula that takes into account various criteria, resulting in a score that corresponds to the percentage of profit participation.

This mechanism aims to promote a decentralized distribution of earnings and reward investor dedication.
The criteria for this mechanism are periodically renewed, but the main ones include:
- Holding time.
- Quantity of tokens in the wallet, with a minimum of 0.2 BNB value of tokens held
- Active participation in the community.
- One wallet per person.

7 - Profit Distribution

The profits generated by the project's operations will be distributed as follows:

A - Revenue Share: 25% of the profits are distributed to the profit-sharing fund.

B - Project Liquidity: 25% of the profits are reinvested in the project's liquidity through buybacks and liquidity addition.

C - Treasury (Operators' Bank): 25% of the profits are distributed to the operators' bank, enhancing capacity and profit potential.

D - Project Ecosystem: 25% of the profits are allocated to cover operational costs, fund research, and support the ongoing development and expansion of the project.

8 - Transparency and Sincerity

SniperDAO values authenticity and clarity in its actions and communications. Our project is not built on "hype" and "fomo". Our results will be achieved through our operations, and our community will benefit from the ecosystem we are developing. We hereby commit to honesty and transparency as fundamental pillars of our project. We will always encourage responsible trading and alert our community members to the risks associated with cryptocurrency operations.

9 - Utilities

We understand the importance of providing tools that add value to our community. We have plans to develop a series of useful tools that will benefit the SniperDAO community and can also be used for marketing campaigns.

10 - Tokenomics

The token have a total supply of 10,000,000 (ten million) units. Initially, 9,500,000 tokens have been added to liquidity, while 500,000 tokens have been distributed to the team. For pair with this amount of tokens, the team added initially 5 BNB's for fund the Liquidity Pool, at PancakeSwap. After the start of the operations, many buyback and liquidity additions have been made by the team with the profits from operations. This will be done continually until we reach a considerable value on our liquidity pool.

The token have a 6% fee applied to each swap. This fee represents 6% allocated for project needs. During the initial period, we conducted the entire fee to the "operators bank" to form a suitable reserve for the start of operations. Once an adequate amount was reached, we started to allocate it to other parts of the project.

SDAO tokens are bep20 tokens, based on BSC chain and tradeable at PancakeSwap.

11 - Contract

The token contract is designed to prevent the owner from manipulating it with malicious intentions. We will also engage audit services to verify the contract's security and identify any potential issues.