# Welcome

Everything you need to know about the ASH Token

[Website](https://ashtoken.io): [ashtoken.io](https://ashtoken.io) &#x20;

[Register](https://ashtokenemail.com/registration): Receive newletters, news, and airdrop events details

## Governance Platforms

To be part of the Proposal development process, you must submit a **Participation Request Form**\*.&#x20;

[Discord](https://discord.gg/wQC2ZcM4Ey): Where the users can get **Help Desk** support and the community can hang out.

[Discourse](https://ashdao.discourse.group): For discussion on governance proposals and working group discussions.

[Snapshot](https://snapshot.org/#/ashenvdao.eth): For off-chain voting on proposals.&#x20;

Tally: View ASH DAO information on proposals, Delegates, and delegate your voting power.  (Coming Soon)

## Onboarding

Many of the information about the ASH DAO and the ASH Token can be found throughout this documention website. If you need to speak to one of our members, please reach out to us through our #help-desk channel on [Discord](https://discord.gg/wQC2ZcM4Ey).&#x20;

[White Papers](https://www.ashtoken.io/pdf/ASH_PHOENIX_WHITEPAPER_130821.pdf): In-dept document about the techincal side of the ASH DAO and the ASH Token.&#x20;

[Presentation](https://www.ashtoken.io/pdf/ASH-Phoenix-presentation-deck-210623.pdf): Revisit our slideshow presention from our seminars and events.&#x20;

## Participation

[Participation Request Form](https://ashtokenemail.com/participant-request)\*: For contributors to request access for write-access for restricted categories of the Discourse Forum and Governance channels within the Discord Server, please fill in this form.

*Please review the Terms of Services and Privacy Policy on our website.*&#x20;


# Tokenomics

In the initial development phase of the Phoenix ecosystem, three activities are fundamental to the ASH Token’s utility: earning, burning, and support to environmental projects.

| Allocation                 | Amount                 |
| -------------------------- | ---------------------- |
| Foundation                 | 5,500,000,000,000      |
| Fundraise                  | 3,000,000,000,000      |
| Team                       | 1,000,000,000,000      |
| Liquidity Pool             | 500,000,000,000        |
| **Ash Token Total Supply** | **10,000,000,000,000** |

## Earning Ash Tokens

A 10% fee is applied to all transactions of ASH Tokens in the Phoenix Ecosystem.\
ASH Token holders are incentivized to hold their Tokens by way of the ASH Token Redistribution Mechanism.

* 5% of all transaction fees are redistributed to ASHtoken holders
* 5% of all transaction fees are transferred as liquidity tokens to the PancakeSwap Liquidity Pool (LP)
* 1% of all transaction fees are transferred to the PhoenixDAO Environmental Fund
* 1% of all transactions fees burned for the purposes of price adjustment
* 88% of all transactions fees are spent on covering blockchain infrastructure costs

## Burning Ash Tokens

On a biweekly basis, 60% of the newly accumulated Liquidity Pool tokens will be transferred from the liquidity pool, the majority of them as proceeds for the Ash DAO Environmental Fund.

In the best interests of the community, the burn process is instituted as part of a manual extraction process occurring every 30 days.

The burn process will occasionally increase the floor price. The burn process is integrated into the logic of supporting new environmental projects through the Ash DAO Environmental Fund.

The Ash DAO will be able to adjust the process as the Phoenix ecosystem grows, in order to provide optimal support for these projects.

What is unique about the ASH Token economy is that it universally provides a goodwill commitment to the speculative nature of cryptocurrency trading – both incoming and outgoing transactions intrinsically reflect the environmental cause of the Ash DAO.

The initial algorithms for the Ash tokenimics will provide the following tokenomics flow:

* Of the newly accumulated LP Tokens (the 5% fee) over one month cycle, 60% will be removed from the PancakeSwap Liquidity Pool
* 50% of the funds removed will be in BNB, and the other 50% in ASH tokens
* The tokens will be allocated to over arching environmental initiatives - the Ash DAO Environmental Fund - in public and transparent wallets, vetted by the community constituting the Ash DAO.

Of the extracted BNB:

* 67% for environmental projects&#x20;
* 20% marketing fund
* 13% business & logistics fund

All three funds will have public wallet addresses providing transparency and auditability to the DAO community.&#x20;

\
Of the extracted ASH token from the Liquidity Pool:

* 67% are burned for price adjustment
* 33% are allocated to community give aways such as airdrops and competitions

\
Of the total ASH token transactions fees:

* 1% of the accumulated transaction volume over the one month period will be transferred to the Phoenix DAO Environmental Fund
* 1% and will be burned for the purposes of price adjustment


# Transaction Fee Model

<figure><img src="/files/5LQaCCOJ7X9GUy6JBvuz" alt=""><figcaption></figcaption></figure>

This will be the initial approach to ASH tokenomics, in order to ensure sustainable operations. Moving forward, the Ash DAO will institute an assessment program involving the whole community of token holders in the decision-making process, with the aim of optimizing the tokenomics to the needs of a growing ecosystem.

The Ash DAO will also have a wallet set up to hold manual buyback funds - up to 20% of the BNB extracted in a cycle can be returned to the pool to support stable liquidity.

Adaptability is a key security measure that the team upholds to put ASH Token in the best place for long-term sustainability and growth.


# Token Sale

The ASH Token will first enter a private sale for strategic partners and backers. Further to this, the ASH Token’s initial token liquidity pool will

be locked under a certified liquidity locker, ensuring safety and security for our community of backers.

Following the private sale, the Phoenix DAO will launch a public sale of the ASH Token on PancakeSwap, a Binance Smart Chain based Decentralized Exchange (DEX) for swapping BEP-20 tokens.

To facilitate the ASH Token IDO (Initial DEX Offering), PancakeSwap will offer our community the ability to exchange their BNB for ASH tokens. The ASH Token shall also be listed on other major exchanges in the near future.


# A Community of Trust

To tackle today’s biggest environmental problems, we need to coordinate around our shared values more effectively than our current systems allow.

Blockchain and distributed ledger technology makes a new type of organization possible - the Decentralized Autonomous Organization (DAO).

The DAO is a network of stakeholders with no central governing body, but a set of rules encoded on the blockchain. DAOs have the collaborative potential that is the missing piece of the puzzle in the empowerment of the global society to transition to regenerative circular economies that are the key to the survival of the Human species.

The ASH DAO is emerging from a group of founders who have a high degree of integrity and commitment to the environment and pollution control.

We trust each other, rather than rely on legal mechanisms and corporate structures that define most traditional organization

## Ash DAO Stakeholders

Instead of a traditional hierarchy of leaders/managers, we will focus on levels of commitment to give some structure to the organization.

The reality is, there will be different levels of commitment to suit individuals’ life situations and these will change over time.

These commitment levels will be well defined but fluid in that, people can move between them easily, completely decoupled from remuneration.

The commitment levels in descending order of impact and accountability:

## Navigators

Navigators have a long-term commitment and significant ongoing contributions to growing the value and impact of the Ash DAO and Ecosystem towards a world free of pollution as powered by regenerative energy sources.

New Navigators are selected by existing Navigators. It is only natural, understandable, and fully acceptable that life situations of an individual Navigator can change and compel them to step down, if they are not able to maintain this level of commitment and contribution at any point in time.

Navigators make all key decisions, via an agreed decision-making process, that are of strategic importance and in the best interests of the Phoenix DAO Foundation.

These key decisions include:

### Organizational Development

Accepting green project funding proposals and making decisions that evolve the purpose, values, strategy, constitution, token economics, management of DAO assets, and authorizing the operations and activities of the organization.

### Managing Assets Issuance

Navigators have weekly operational meetings and monthly strategy meetings. The governance model will have rules defining how

Navigators can join or leave the Navigator Community and the conditions for maintaining the status of a Navigator.

Navigators are remunerated for their work in a combination of Ash Tokens and FIAT where possible.

## Contributors

Contributors are individuals or organizations, such as corporations, non-profit organizations or governmental and intergovernmental organizations, who, in exchange for tokens, add value to the Phoenix Network, for example by voting on operational decisions, suggesting new features, projects, and activities through the Ash DAO.

If a Contributor is an organization, then they must have one individual decision maker who would represent the organization.

Contributors are invited to the Ash DAO by Navigators, who will vote and decide on their compatibility with the Phoenix Manifest and system of values along with their ability to contribute to the Phoenix Network.

## Token Holders

Individuals can freely enter the Phoenix Network by purchasing or receiving tokens to wallets that can accept Ash Tokens.

Token holders can use their tokens to participate in the activities of the DAO through voting and suggesting new initiatives and features.

## Service Providers

Service Providers are individuals or organizations who provide value-adding services and are paid in currency external to the Phoenix Ecosystem, i.e. in fiat or digital currencies.

The **Navigators** will always strive to get the best value for the ecosystem for the money paid to Service Providers. A Service Provider must at least be a Public Token Holder in order to be considered by Navigators to provide services to the DAO, but they can also be a Contributor or a Navigator.

A Service Provider may over time, be invited to become a Contributor, if the Navigators agree that they satisfy the criteria in terms of value provision, alignment over values, and capacity for long-term commitment to the responsibilities of the Contributor role.

Navigators can at any time decide to terminate the contract of a Service Provider, per conditions defined in the smart contract. Service Providers are remunerated for their work in fiat money or digital assets.

## Constitution

The Constitution is a set of principles and operational rules driven by our values. The navigators will evolve the Constitution over time.


# The Ash DAO Fund

The Ash DAO Fund operates on the cutting edge of innovation where the next generation of green tech and clean tech companies and projects are born. Through the allocation of fiat and digital assets, the Ash DAO will support or launch environmental projects and sustainable business initiatives across the globe, via the Phoenix Launchpad, the Phoenix Network’s sustainable business incubator.

The Ash DAO fund will be financed from proceeds of the ASH Token economy.

## **Building the future**

The Ash DAO and its community support entrepreneurs with visionary ideas create global companies. Given that transformative change usually requires a blend of technologies, we support full-stack solutions.&#x20;

### **Our focus stage of funding** &#x20;

* Very early stage
* Early stage
* Mid stage
* Late-stage
* Longer-term, focused companies looking to build/expand new or existing business lines

## **Who this fund is for?**

The Ash DAO Fund and community supports entrepreneurs and companies pioneering solutions in clean and green tech where industry and enterprise applications intersect for greater efficiencies, including:

1. Manufacturing&#x20;
2. Environmental, social and governance (ESG)
3. Energy and electrification
4. Mobility, logistics & supply chain
5. Industrial systems
6. Real estate and infrastructure

## **A company Seeking Funding Support from the Ash DAO should submit the following:**

1. Fill out the **ASH DOA Fund application** and **ESG Profile Questionnaire**
2. Provide an overview of Reporting Requirements for the use of grant proceeds in alignment with Green Principles and/ SDG Impact Standards&#x20;
3. Submit a funding proposal&#x20;


# Project Proposal Requirements

### **1. Brief description of project**.&#x20;

### **2. Sponsorship, management & technical assistance:**&#x20;

* History and business of sponsors, including financial information.
* Proposed management arrangements and names and curricula vitae of managers.
* Description of technical arrangements and other external assistance (management, production, marketing, finance, etc.).

### **3. Market & sales:**

* Projected production volumes, unit prices, sales objectives, and market share of proposed venture.
* Potential users of products and distribution channels to be used.
* Present sources of supply for products.
* Future competition and possibility that market may be satisfied by substitute products.
* Tariff protection or import restrictions affecting products.
* Critical factors that determine market potential.

### **4. Technical feasibility, manpower, raw material resources & environment:**

* Comments on special technical complexities and need for know-how and special skills.
* Possible suppliers of equipment.
* Availability of manpower and of infrastructure facilities (transport and communications, power, water, etc.).
* Breakdown of projected operating costs by major categories of expenditures.
* Source, cost, and quality of raw material supply and relations with support industries.
* Import restrictions on required raw materials.
* Proposed plant location in relation to suppliers, markets, infrastructure, and manpower.
* Proposed plant size in comparison with other known plants.
* Potential environmental issues and how these issues are addressed.&#x20;

### **5. Funding requirements, project financing, and returns:**

* Proposed financial structure of venture, indicating expected sources and terms of equity and debt financing.
* Amount of funding being sought from the Ash DAO Fund.
* Projected financial statement, information on profitability, and return on investment.
* Critical factors determining profitability.

### **6. Government support & regulations:**

* Specific government incentives and support available to project.
* Expected contribution of project to economic development.
* Outline of government regulations on exchange controls and conditions of capital entry and repatriation.

### **7. Timetable envisaged for project preparation and completion.**

### **8. Reporting Requirements of the use of The Ash DAO Fund use of grant proceeds\***


# Reporting Requirements for the Use of Ash DAO Grand Proceeds

To qualify for funding from the Ash DAO Fund, a company needs to demonstrate that their company or projects use of grant proceeds will alight with “Green Principles”, “SDG Impact Standards”, which provide an international standard based on the following core components. Explanation of the below should be addressed in the Ash DAO application form a well as in the project proposal:

1. **Use of Proceeds:**&#x20;
   1. Designated Green Projects should provide clear environmental benefits, which will be assessed, measured, and reported by the grantee.
   2. SDG-linked project must demonstrate how the project is linked to achieving against specific SDG outcomes.
2. **Process for Project Evaluation and Selection:** The grantee should clearly communicate how it is organized to assess and receive grant proceeds. In addition, the grantee should explain how it will manage environmental and social risk of eligible projects.
3. **Management of Proceeds:** The proceeds of Ash DAO grant should be credited to a dedicated account or tracked by the company to maintain transparency and promote the integrity of the product.
4. **Reporting:** There should be a use of qualitative performance indicators and, where feasible, quantitative performance measures (for example, energy capacity, electricity generation, greenhouse gas emissions reduced/avoided, etc.)


# Proposal Lifecycle Outline

How an idea turns into a winning proposal for the ASH DAO.

## Member Contribution

The ASH Token project seeks members who brings meaningful discussion to the DAO. Contributors will need to join the Discord Server to start participating in the proposal process by being involved in the process. The contributor will be selected to join our Discourse server if their active participation aligns with ASH Token's mission, through a verification process.&#x20;

### Proposal Lifecycle

1. A contributor can submit a draft of their proposal to the Discourse server where other contributors have a month or more to discuss and submit edits to the proposal. Once a final draft of the proposal is complete, it can be eligible to come up for a community wide vote.&#x20;
2. The vote on the final proposal can go up for community wide vote can only be conducted by a member of the DAO who holds at least 2% of ASH Token tokens on Snapshot.&#x20;
3. The vote on Snapshot will take a minimum of two weeks or a majority vote has been reached.&#x20;
4. After the voting has concluded, a two day lockdown will be imposed for evaluation.&#x20;
5. Proposal that have passed this vote will go to the Navigators. Navigators will have up 90 days to present how the proposal can be executed within the limits of funding and parameters of the Ash DAO's mission.    &#x20;
6. A final vote on the proposal presented by the Navigators will be conducted by a member who hold 2% ASH Token tokens. Based on the type of proposal, the vote may be conducted off the blockchain through Snapshot or on the blockchain with Tally.xyz. The vote will take two weeks or a majority has been reached.&#x20;
7. The DAO will be locked down for 2 days to evaluate the vote.&#x20;
8. The Staff are then responsible for executing the proposal.&#x20;

Proposal submitted for a vote cannot be altered during the process. Any outside incidents will not sway the process to stop, but the Navigators are responsible to adjust to external pressures before submitting the presentation.&#x20;


# Proposal

How to write and submit a Proposal.

## Coming Soon

&#x20;


# Proposal Template

Use this as a framework to draft your ASH DAO proposal

<table data-header-hidden><thead><tr><th width="272"></th><th></th></tr></thead><tbody><tr><td>Status</td><td>Draft/Approved/Voting/Passed/Failed</td></tr><tr><td>Discussion Thread</td><td>Link to Discourse Proposal</td></tr><tr><td>Vote location</td><td>Link to Snapshot and/or Tally</td></tr></tbody></table>

## Abstract

*Describe your proposal, your motivation to amend the ASH DAO, how it would benefit the ASH DAO, and sources/examples*&#x20;

## **Technical Specifications**

*Detailed steps to execute the proposal with expected outcomes*


# Voting

How to vote for on-chain and off-chain proposal.

## Voting

ASH Token has two main types of voting where token holders can decide on how the ASH DAO will be governed or how the block chain function.&#x20;

### Off-Chain Voting

Decisions made off-chain will determine how the ASH DAO will be govern, like the ASH DAO structure, budget approvals, and to determine if an on-chain vote can proceed to around round of voting, etc. It is the responsibility of the ASH DAO maintainers to execute task set by the proposal. Voting will be conducted over at our [Snapshot.org](https://snapshot.org/#/ashenvdao.eth).&#x20;

### On-Chain Voting

On-chain voting for proposals will typically result in changes to the block chain, once approved. Examples of changes to the block chain could trigger changes to the contract, release of tokens, or airdrops. Voting will be conducted at Tally.xyz (coming soon).&#x20;

## Voting Parameters

* Members must have ASH Tokens in their wallet to cast a vote.&#x20;
* Members may defer their votes to a delegate.&#x20;
* ASH DOA maintainers are only allowed to put proposal up for voting to maintain the integrity of the ASH DAO's mission. &#x20;
* There must be a minimum number of 500 votes to approve proposals.&#x20;
* Voting period on proposals will last 72 hours.&#x20;
* When voting has concluded, their will be a lock down period of 36 hours before executing vote. <br>

##


# Buying ASH Token from Website

{% embed url="<https://www.youtube.com/watch?t=1s&v=3dW4-lPtTuM>" %}
"Buying Ash Token Through Binance"
{% endembed %}

### Set Up MetaMask

* Create an account at [Metamask.io](http://metamask.io/).
* Install Metamask for Chrome Webstore for any Blink Browser like Google Chrome, Edge, Brave, and Chromium.
* Write down Secret Recovery Phrase and do not lose it or you will lose your Ash Tokens.
* Have your reference ID number ready for next step.

### Setup Binance

* Create an account at <https://accounts.binance.us/en/register?ref=35002717>.
* Set up your payment account from the Settings.
* Deposit funds into the account.
* Deposit BNB funds into BEP20 (BSC).
* Confirm your deposit, widthdraw, or transfer funds through your email.

### Purchase Ash Tokens through Pancake Swap

* Go to [Ashtoken.io](http://ashtoken.io/) and click the **Buy Now** button.
* Connect your wallet through the Metamask Chrome extension and Metamask will set up the transfer for you.
* In Settings, set your **Slippage Tolerance** to at least 12%.
* Enter the amount of Ash Token you want to purchase.&#x20;


