We have been working since Nov 2021 gathered everyone and created the hype on optimism along with great partnership to begin with.
All the details about FAQ was already in the discord channel.
1. 570k was raised (This was way lesser compared to any other counterpart eg MagnetDAO - which raised 10M during presale) - We thought we would raise 2M but failed to do so.
Paid for audit - 30k
Whitehat Hacker - 5k
Added Liquidity - 300k (150k DAI + 150k$ worth of kratos)
Running the team including marketers, team members, dev and maintenance cost with a recurring expense rate of 50k/month. -200k
Gonna put another 50k in liquidity and 50k DAI single bond in treasury.
Rest we gonna keep it to sustain the team for future expenses.
2. There will be a forum for DAO members to vote. There's cost to that as well to build that platform.
3. We aren't asking for money from people. We have a treasury bond where people can bond the stablecoins and earn kratos token. Once we have enough treasury there will be votes to invest in the projects.
https://medium.com/@KratosDao/introducing-kratosdao-an-ohm-fork-on-optimism-with-a-real-dao-for-seed-funds-investments-dd3ffb021612
Here's the audit report by peckshield
https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-KratosDAO-v1.0.pdf