[omeze]

OlympusDAO is doing something like this, but they do have a token - DAO members get paid and theres a staking process that lets them accrue more of the token. The token is backed by a treasury and is worth at least 1 DAI.

https://docs.olympusdao.finance/

Disclaimer: I own Ohm

[vmception]

Thanks for making me aware of that

I’ve seen ohm and olympusdao mentioned before but not what they did