Charity Decentralized Autonomous Organization in Web3.0

Charity DAO
Charity Decentralized Autonomous Organization in Web3.0
Introduction
We have taken conformable life for granted until the outbreak of the Russia-Ukraine war. We realize that war and death are happening around us quite often. When we wanted to do something for innocent Ukraine civilians, it turned out that charities were too inefficient and untrustworthy. In a well-developed society, we can donate via NGOs in a multi-layered way, yet it is hard to know whether the funds are appropriately used for people who need help in war-inflicted areas. Some even use charities to evade tax and transfer assets.
Nevertheless, when Ukraine vice prime minister Mykhailo Fedorov announced that they would accept cryptocurrencies as donations, we were glad to find that philanthropy can be done efficiently without geographic restriction and political interference. Now we can directly and anonymously donate our cryptocurrency to people we want to help and can also know whether they receive the money or not. Thus, we decided to build Charity DAO to contribute to international humanitarian aid.
Design concept
Addresses define identities. Following the rights confirmation standard of addresses as identities for the world of Web 3.0 and introducing decentralized governance, we designed Binance Smart Chain-based Charity DAO, a blockchain-based smart contract product connecting a group of decentralized people. Consequently, in Web 3.0, philanthropy will not incur any problems related to political positions or legal matters due to individual identities. Now Russian millionaires can donate to Ukraine refugees, and Korean entrepreneurs can also provide financial aid to the poor in North Korea regardless of restrictions from the government. Thus, the original purpose of philanthropy can be realized.
The Charity itself means value. Charity creates value in humanism, and it deserves to be recognized and rewarded, so we introduce the CHD token, which will be used as a reward for donors. Some of the donated coins will be used to maintain the liquidity and value of CHD so that more people can recognize and participate in the whole ecosystem of Charity DAO. And then CHD will become more scarce, hence the price increase, allowing early donors to be rewarded and charities receiving CHD to get more donations.
Governance rules humanity. Many other charities have gradually become political tools or wealth collection tools due to the problems of their managers. Thus, based on the concept of decentralized autonomy organization and considering humanism, we offer our participants the option to donate or not to donate, which conforms to human nature, and we also destroy and distribute the CHD that should have been donated out. If good intentions outweigh greed in a DAO organization, then the amount that should have been donated will be donated in full for targeted humanitarian aid, and each DAO member will also receive the NFT of the donation certificate, recording the glory of humanity; if the greed of the organization is greater than its goodwill, then half of the coins that should have been donated will be destroyed, and the other half will be distributed to DAO members who will get the NFTs recording the greed of human nature, and the CHD will be destroyed to reduce its circulation, thus benefiting the entire ecosystem. We fully respect the governance outcomes chosen by human nature, and both outcomes will benefit the entire ecosystem.
Governance structure
Donors: Donors are the starting point of the Charity DAO organization. By donating cryptocurrencies such as BNB, they receive CHD tokens, participate in the governance of the DAO, and get the dividends of CHD.
Treasury: The Treasury will accept BNB donated by donors and, produce the corresponding amount of CHD tokens according to the mining algorithm. 80% of the CHD will become rewards for the donors and the remaining 20% will be put into the Public Donation Pool. And 95% of the BNB in the Treasury will be used to maintain the value and liquidity of CHD, and 5% of the BNB will be used for rewarding volunteers and occasional airdrops of DAO.
Mining algorithm:
1 BNB = （100000 * 0.982X-1 + 7000）CHD
(Every 100 BNB is a price tier, X is the current price tier serial number, and the output price of CHD within the same tier is the same. For example, the tier number X for the 3850th BNB is 39)
Public Donation Pool: For the CHD in the public donation pool, DAO will vote to decide who will receive the donation of 20% of the total existing CHD in the pool and get the NFT of the donation certificate given by the corresponding organization; or it can choose not to donate the CHD and destroy half of the 20% CHD and distribute half of them in the DAO organization with the NFT recording this selfish behavior.
DAO: Users stake CHD into DAO to participate in voting on all governance events of the Charity DAO, and more staked tokens mean more votes. The option with the most votes in the current period will be the result; if the top two or more options have the same amount of votes, the current voting result will become nullified and invalid.
Direct Donation Pool: If donors do not want to join the economic system of the Treasury...