💰Vote to Earn

Project Merlin is a multi-chain Web3 platform that redefines DAO governance and crowdfunding. Its Vote2Earn (V2E) mechanism rewards community members for actively participating in governance decisions, rather than simply holding tokens or NFTs.

By voting on proposals such as Camelot and Excalibur Grants, NFT holders influence funding decisions and earn MRLN token rewards based on their engagement. This model ensures governance remains transparent, merit-based, and driven by active contributors.

🗳 How It Works – Vote2Earn (V2E) Mechanism

1. Eligibility

   • Hold at least one Project Merlin Community NFT.

   • Participate in at least one governance vote during the quarter.

2. Voting Opportunities

   • Proposals include Camelot Grants, Excalibur Grants, and operational DAO decisions.

   • Each vote earns Vote2Earn Points.

3. Additional Contributions

   • Members may complete DAO-assigned governance tasks for bonus points.

4. Quarterly Assessment

   • At the end of each quarter, the DAO Treasury is reviewed.

   • If holdings exceed 30% of total token supply, rewards are distributed.

5. Reward Distribution

   • Points are converted into MRLN tokens proportionally.

   • Payouts are sent on-chain directly to eligible wallets.

   • Maximum reward per member is capped at 3× the average floor price of the Community NFT for that quarter.

Governance Impact

The Vote2Earn mechanism transforms governance from a passive right into an active, rewarding experience. Instead of limiting decision-making to a small group of insiders, Project Merlin ensures that every Community NFT holder has a real voice in shaping the ecosystem’s future.

Every vote cast on proposals—whether it’s a Camelot Grant deciding which startup receives $25,000 in funding, or an Excalibur Grant awarding over $500,000 in combined benefits—directly influences how the DAO’s resources are allocated. This means your participation has a measurable, on-chain impact on which ideas succeed, which teams get funded, and how the ecosystem evolves.

The model is merit-based: those who contribute the most through voting and completing governance tasks are the ones who earn the most rewards. All voting data is recorded transparently on the blockchain, ensuring fairness and accountability at every step.

By linking influence with measurable contributions, Vote2Earn creates a governance system that is transparent, inclusive, and truly community-driven—turning active members into stakeholders in the project’s success.

---

Benefits for the Ecosystem

The Vote2Earn system creates a win-win dynamic for both the community and the DAO:

For Community Members

• Real Influence – Your vote directly determines which projects receive funding, partnerships, and growth opportunities.

• Tangible Rewards – Earn MRLN tokens every quarter based on your participation level. The more you engage, the more you benefit.

• Exclusive Access – Gain priority access to airdrops, presales, and special ecosystem events available only to active governance participants.

• Recognition – Build a reputation within the DAO as a trusted contributor and decision-maker.

For the DAO

• Higher Engagement – More members actively participate in decision-making, leading to better-informed outcomes.

• Better Decisions – Proposals are evaluated by a wide and diverse group, improving decision quality.

• Sustainable Growth – Rewards are only distributed when the DAO Treasury is healthy, protecting long-term stability.

• Stronger Community Bonds – Members feel ownership of the ecosystem, making them more loyal and committed over time.