EMADAO User Guide

1. What is EMADAO?

1) EMADAO is a decentralized autonomous organization (DAO) aimed at the following purposes:

• Operation of Bookmaker.ninja: The community makes decisions regarding the operation of the sports betting platform, Bookmaker.ninja.
• Revenue distribution and voting power management: The revenue generated through Azuro Protocol is distributed to community members based on the number of tokens they hold. Voting rights are also allocated according to the token holdings.

2. Revenue Distribution and Voting Rights Rules

1) Revenue Distribution

• EMADAO distributes the revenue generated through Azuro Protocol to members based on the number of EMA tokens they hold.
• The distribution ratio is determined by the results of community proposals and votes.

2) Voting Rights Allocation

Voting rights are allocated based on the ratio of tokens held.

Example: A member holding 1 million EMA tokens will have less voting power than a member holding 100 million EMA tokens. This ensures a fair decision-making process based on token holdings.

3) Initial Setup and Future Changes

• The initial rules for revenue distribution and voting rights allocation are decided by the management.
• These rules can be changed through community proposals. Once a proposal is approved, the new rules will be applied.

3. Wallet Setup

Use a cryptocurrency wallet like MetaMask.

1) Installing MetaMask

• Install MetaMask from the official website as a browser extension or mobile app.
• Upon first launch, create a wallet and securely store your private key.

2) Adding the Arbitrum Network

• Open MetaMask, go to "Settings > Networks > Add Network."
• Enter the following information:
• Network Name: Arbitrum One
• New RPC URL: https://arb1.arbitrum.io/rpc
• Chain ID: 42161
• Currency Symbol: ETH

4. How to Use EMADAO

1) Obtaining EMADAO Tokens

• Using an Exchange: Purchase EMADAO tokens from a decentralized exchange (DEX).
• Prepare Your Wallet: Ensure you have ETH on the Arbitrum network.

2) Voting on Proposals

• Log in to the EMADAO platform: EMADAO Dashboard
• Review the list of proposals available for voting and understand their content.
• Cast your vote by choosing "Approve" or "Reject".

⚠️Important

Only users who hold gEMA tokens at the time the proposal is created are eligible to vote on that proposal.

3) Wrap/Unwrap Tokens

Wrap/Unwrap can be executed after logging into the EMADAO site.

Why is Wrap/Unwrap Necessary?

• Purpose of Wrap:
  • Improve token compatibility for use in smart contracts.
  • Allow participation in governance (voting and proposal creation).
• Purpose of Unwrap:
  • Return to the original token format, which can be used for liquidity provision or other purposes.

Wrap/Unwrap Steps:

Wrap Tokens

1. Access the EMADAO homepage and log in.
2. Click the "Wrap/Unwrap Tokens" button.
3. In the window that appears, enter the amount of tokens you want to wrap.
4. Click the "Wrap" button and confirm the transaction.
5. After MetaMask confirmation, the wrapped tokens will be added to your wallet within seconds.

Unwrap Tokens

1. Click the "Wrap/Unwrap Tokens" button again on the homepage.
2. In the window, enter the amount of tokens you want to unwrap.
3. Click the "Unwrap" button and confirm the transaction.
4. After MetaMask confirmation, the original tokens will be returned to your wallet.

4) Creating a Proposal

• As a community member, you can create a new proposal.
• The proposal must include the following:
  • Purpose of the proposal
  • Required funds or resources
  • Impact of the proposal on the community

5. Support Information

If you have any questions or issues regarding the use of EMADAO, please contact the support team at:

• Email: mk1961kuroda@icloud.com

We hope this guide helps you use EMADAO smoothly!