FAQ

Table of contents

  1. General protocol questions
  2. Token economics
  3. Governance & participation
  4. Technical implementation
  5. Contributor questions
  6. Investment & partnership
  7. Security & risk management

General protocol questions

What is the Dwarves+ protocol?

The Dwarves+ Protocol is a decentralized research and development platform that transforms traditional consulting into a community-driven protocol. We enable developers, researchers, and tech professionals to contribute to cutting-edge projects while earning tokens based on their contributions.

How does Dwarves+ protocol differ from traditional consulting firms?

Unlike traditional consulting firms, Dwarves+ Protocol operates as a decentralized autonomous organization (DAO) where:

  • Community ownership: Contributors own governance tokens and share in protocol success
  • Transparent rewards: All contributions are tracked and rewarded algorithmically
  • Open participation: Anyone can join and contribute based on merit
  • Permanent knowledge: Research and contributions are stored permanently on Arweave
  • Global access: No geographic limitations or traditional employment constraints

What makes Dwarves+ protocol unique in the web3 space?

  • Research focus: Emphasis on high-quality technical research and innovation
  • Dual token system: Separate utility (ICY) and governance (DFG) tokens for optimal economics
  • Activity chairs: Structured governance through specialized activity committees
  • Permanent storage: Integration with Arweave for immutable knowledge preservation
  • Quality standards: Rigorous peer review and quality assurance processes

Token economics

What are ICY and DFG tokens?

ICY (utility token):

  • Used for daily protocol operations and contributor rewards
  • Dynamic supply with 2-5% annual inflation
  • Backed by Bitcoin treasury providing a dynamic value floor
  • Earned through contributions to research, development, and community building
  • Can be staked for additional rewards (5-20% APY)

DFG (governance token):

  • Fixed supply of 10 million tokens for protocol governance
  • Provides voting rights on protocol decisions
  • Entitles holders to dividend distributions (70% of protocol revenue)
  • Required for submitting governance proposals

How do I earn ICY tokens?

You can earn ICY tokens through various activities:

  • Research publication: 70 ICY per publication
  • Code contribution: 50-100 ICY per deliverable
  • Community engagement: 10-50 ICY per activity
  • Mentoring: 30 ICY per session
  • Partnership development: 50-100 ICY per introduction
  • Quality assurance: 10-100 ICY per review
  • Governance participation: 100-500 ICY per vote

For detailed earning opportunities, see the tokenomics documentation.

What determines ICY reward amounts?

ICY rewards are calculated based on:

  • Contribution quality: Peer review scores and impact assessment
  • Complexity: Technical difficulty and time investment
  • Community value: Benefit to the broader protocol ecosystem
  • Activity chair evaluation: Assessment by relevant activity chair members
  • Multipliers: Performance bonuses and achievement multipliers

How does DFG token distribution work?

DFG tokens are distributed as follows:

  • Community treasury: 25% (2.5M DFG) - Governance controlled
  • Core team: 20% (2M DFG) - 48-month vesting
  • Public distribution: 20% (2M DFG) - Community sales and airdrops
  • Early contributors: 15% (1.5M DFG) - 24-month vesting
  • Liquidity provision: 10% (1M DFG) - DEX liquidity
  • Strategic partners: 10% (1M DFG) - Partnership agreements

What are the staking rewards and requirements?

ICY staking:

  • Flexible staking: 5-8% APY, no lock period
  • 6-month lock: 10-12% APY
  • 12-month lock: 15-18% APY
  • 24-month lock: 18-20% APY
  • Bitcoin backing bonus: Additional rewards from Bitcoin treasury growth

DFG staking:

  • Governance staking: 3-5% APY + voting power boost
  • Dividend staking: Enhanced dividend distribution priority
  • Minimum: 100 DFG tokens required for staking

How does the Bitcoin treasury backing work?

The protocol maintains a Bitcoin treasury that backs ICY token value:

  • Funding: 10-15% of consulting profits are converted to Bitcoin monthly
  • Value floor: ICY tokens have a minimum value based on Bitcoin backing ratio
  • Calculation: ICY Floor Value = (Bitcoin Treasury Value × Backing Ratio) / ICY Supply
  • Growth benefits: ICY holders benefit from Bitcoin price appreciation
  • Transparency: Real-time treasury metrics available on public dashboard

What happens when Bitcoin prices change?

When Bitcoin appreciates:

  • ICY value floor increases proportionally
  • Automatic buyback may be triggered (>20% monthly treasury growth)
  • Long-term ICY holders benefit from Bitcoin appreciation
  • Staking rewards may include Bitcoin appreciation bonuses

When Bitcoin declines:

  • ICY maintains utility value independent of backing
  • Stablecoin reserves (15-25%) provide operational stability
  • Dollar-cost averaging continues to build long-term position
  • Protocol revenue streams remain independent of Bitcoin price

Is my ICY always worth the backing ratio amount?

No, the Bitcoin backing provides a value floor, not a fixed price:

  • Market price: ICY trades based on utility demand and market conditions
  • Value floor: Minimum value based on Bitcoin treasury backing
  • Typically: Market price is higher than backing floor due to utility premium
  • Protection: Backing prevents ICY from falling below treasury-supported value

Governance & participation

How does governance work in Dwarves+ protocol?

Governance operates through a structured system:

  1. Proposal creation: DFG holders with 1,000+ tokens can create proposals
  2. Activity chair review: Relevant chairs evaluate technical feasibility
  3. Community discussion: 7-day discussion period
  4. Voting period: 7-day voting with DFG tokens
  5. Execution: Approved proposals are implemented automatically or by core team

What are activity chairs and how do they work?

Activity chairs are specialized governance committees that oversee different protocol areas:

  • Engagement & integration: Community building and HR functions
  • Delivery & consulting: Client projects and service delivery
  • Learning & training: Education and skill development
  • Marketing & communication: Brand and outreach activities
  • Sales & partnership: Business development and partnerships

Each chair has 5-7 elected members who serve 6-month terms and evaluate contributions in their domain.

How can I become an activity chair member?

To become an Activity chair member:

  1. Minimum requirements: 500+ DFG tokens and 6+ months of active contribution
  2. Nomination: Self-nomination or community nomination
  3. Campaign period: 2-week campaign with community engagement
  4. Election: DFG token holder voting
  5. Term: 6-month term with possibility of re-election

What voting power do I need for governance participation?

  • Proposal creation: 1,000 DFG tokens minimum
  • Regular voting: 1 DFG = 1 vote (no minimum)
  • Activity chair elections: 100 DFG minimum to vote
  • Emergency proposals: 5,000 DFG tokens minimum
  • Constitutional changes: 10,000 DFG tokens minimum

Technical implementation

Which blockchains does Dwarves+ protocol use?

We use a strategic three-network approach:

  • Ethereum mainnet: Core governance, DFG tokens, and high-value operations
  • Base network: ICY token operations, contributor rewards, and frequent transactions
  • Arweave: Permanent storage for research publications and protocol history

Why these specific blockchain choices?

  • Ethereum: Maximum security and DeFi ecosystem integration for governance
  • Base: Cost-effective operations with seamless Ethereum bridging
  • Arweave: Permanent, decentralized storage perfect for research preservation

How secure are the smart contracts?

Our security approach includes:

  • Multiple audits: Leading security firms audit all contracts
  • Bug bounty program: Significant rewards for vulnerability discovery
  • Multi-signature controls: 5-of-7 multi-sig for treasury operations
  • Time-locked upgrades: 48-hour delay for critical changes
  • Gradual deployment: Phased rollout with increasing value at risk

What happens if there's a technical issue?

We have comprehensive risk management:

  • Emergency pause: Ability to pause critical operations if needed
  • Insurance fund: Protocol insurance for smart contract risks
  • Backup systems: Redundant infrastructure across multiple regions
  • Recovery procedures: Detailed disaster recovery and business continuity plans

Contributor questions

How do I get started as a contributor?

  1. Read the documentation: Start with the whitepaper for context
  2. Join community: Connect through our Discord community
  3. Complete onboarding: Identity verification and skill assessment
  4. Choose activities: Select from available contribution opportunities
  5. Start contributing: Begin with smaller tasks to build reputation
  6. Earn rewards: Receive ICY tokens for validated contributions

What skills are most valued in the protocol?

High-demand skills include:

  • Technical: Blockchain development, smart contracts, full-stack development
  • Research: Technical writing, academic research, market analysis
  • Design: UI/UX design, graphic design, product design
  • Community: Community management, education, content creation
  • Business: Partnership development, strategy, operations

How is contribution quality assessed?

Quality assessment involves:

  • Peer review: Contributions are reviewed by fellow community members
  • Impact assessment: Evaluation of real-world impact and value generated
  • Activity chair approval: Final sign-off by relevant activity chair
  • Algorithmic scoring: Automated metrics for code quality and engagement
  • Community feedback: Qualitative input from other protocol participants

What is the contributor progression path?

Contributors can advance through tiers:

  • Newcomer: Less than 100 ICY earned
  • Active contributor: 100-500 ICY earned, eligible for basic governance
  • Lead contributor: 500-2,000 ICY earned, eligible for advanced governance
  • Core contributor: 2,000+ ICY earned, eligible for activity chair roles
  • Protocol expert: 5,000+ ICY earned, thought leadership and strategic roles

Are there any contributor guidelines or code of conduct?

Yes, all contributors must adhere to:

  • Code of conduct: Respectful and inclusive behavior
  • Quality standards: High-quality work and attention to detail
  • Transparency: Open communication and honest reporting
  • Collaboration: Teamwork and constructive feedback
  • Security: Best practices for code and data security

Investment & partnership

How can I invest in Dwarves+ protocol?

Investment opportunities include:

  • Public sale: Participate in DFG token sales (if applicable)
  • Earn through contributions: Acquire ICY and convert to DFG
  • Liquidity provision: Provide liquidity to DEX pools and earn fees
  • Strategic partnerships: Collaborate on projects with revenue share

What is the protocol's revenue model?

We make money through:

  • Consulting services: Main revenue from client projects
  • Protocol fees: Transaction fees and premium features
  • Treasury yield: Returns from Bitcoin and DeFi investments
  • Research licensing: IP and data licensing deals

What kind of partnerships is Dwarves+ protocol looking for?

We seek partnerships with:

  • Dev teams: Collaborative software development projects
  • Research institutions: Joint research and publication initiatives
  • Web3 projects: Cross-protocol integrations and collaborations
  • Consulting firms: Joint ventures and talent sharing
  • Enterprise clients: Custom blockchain solutions and advisory

What is the long-term vision for the protocol?

Our long-term vision:

  • Leading decentralized R&D: The go-to place for emerging tech research
  • Self-sustaining ecosystem: Community and innovation drive everything
  • Global talent network: Contributors from everywhere working together
  • Open innovation hub: Where good ideas become real impact

Security & risk management

How does Dwarves+ protocol manage security risks?

Our security strategy includes:

  • Comprehensive audits: Third-party smart contract audits
  • Bug bounty program: Rewards for security researchers
  • Multi-signature controls: Treasury and critical operation protection
  • Emergency protocols: Rapid incident response
  • Continuous monitoring: Real-time threat detection

What are the main risks associated with the protocol?

Key risks include:

  • Regulatory uncertainty: Evolving legal landscape for crypto assets
  • Market volatility: Price fluctuations affecting token value
  • Technical vulnerabilities: Smart contract bugs or exploits
  • Adoption challenges: Difficulty in attracting and retaining users
  • Centralization risks: Potential for power concentration in early phases

How does the protocol address regulatory compliance?

We prioritize compliance through:

  • Legal counsel: Engaging experts in blockchain law
  • Jurisdictional analysis: Operating in favorable regulatory environments
  • KYC/AML: Identity verification for governance participation
  • Transparent reporting: Publicly available financial and operational data
  • Adaptive governance: Community-driven response to regulatory changes

Getting Started

How do I join the community?

  1. Visit Website: Start at memo.d.foundation
  2. Join Discord: Connect at our Discord community
  3. Read Documentation: Check the tokenomics documentation for context
  4. Complete Onboarding: Fill out contributor application
  5. Attend Events: Join community calls and virtual events
  6. Start Contributing: Begin with small contributions to build reputation

Who can I contact for specific questions?

Need more help?

Can't find what you're looking for? The community is usually the fastest way to get answers. The team monitors Discord daily and community members often help each other out.

Quick Reference

Key Numbers

  • ICY Total Supply: 100M initial, 1B max (dynamic)
  • DFG Total Supply: 10M (fixed)
  • Activity Chairs: 5 specialized committees
  • Staking APY: 5-20% for ICY, 3-5% for DFG
  • Proposal Threshold: 1,000 DFG tokens
  • Target Growth: Scale to 100+ contributors by June 2027
  • Revenue Target: $1M+ consulting revenue by June 2027
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