Introducing Galleon DAO — DeFi Structured Products Methodologists & 17th-Century Roleplay

Ahoy. This short article aims to delineate the core mission Galleon DAO sets out to achieve as an organised, community-driven effort to the 17th-century golden age of piracy roleplaying theatre (that we also value equally).

So what's the objective?

Prefacing the below, Galleon DAO is taking a ‘Scalable EVM first’ strategy where our focus is aligned with Ethereums scaling solutions and significantly growing EVM based networks.

Guild of Index Methodologists

Galleon looks to create DAO to research, curate and nurture and pipeline of products with the aim to be developed and deployed alongside Set ecosystem partners (e.g. Index Cooperative) whilst also having the advantage of a methodologist token to bootstrap growth and liquidity via incentives.

Distribution platform aligned with protocol growth

Galleon DAO looks to own a distribution platform, SetSwap, specifically for structured products to promote DAO products alongside Set Protocols TV by directing incentives correctly into what grows the ecosystem (issuing, not swapping products).

What is $SHIP?

  • Funding contributors to create, maintain and ship products through ecosystem partners (Set Protocol). Revenue from products will be accrued back to the DAO treasury.
  • Funding development for a DAO owned distribution platform with correct alignment and incentivisation around issuing products.
  • Bootstrapping and incentivising DAO and partnered products using $SHIP to promote growth in revenue-generating, sticky capital products.
  • Governance and voting rights upon the galley. $SHIP holders will have the ability to shape the DAO, its initiatives and direction in addition to where its treasury funds should be allocated.

$SHIP will be launched on Arbitrum is aiming towards the allocations below. Please reach out if you are interested in helping to bootstrap Galleon DAO. Updates regarding the $SHIP airdrop on Arbitrum will be announced on Discord and Twitter, and the eligibility requirements are decided; a snapshot has not been taken yet.

Draft Desired Tokenomics

Interested in Galleon DAO? Join us, swashbucklers, in our Discord — roleplay mandatory —

Follow us on Twitter and help share the word of Galleon DAO — @GalleonDAO

Follow Andrew on Twitter — @andrew_eth

Visit our website —