FAQ

Where is the sustainability of Recovery?

Recovery has a complete closed-loop ecosystem and can deduce future development patterns.

RecoveryDAO is in it for the long-term. We believe that we can outlast today's economic structures and be a model for how economies should be run in the future.

As such, we consider the long-term implications of our decisions. We're deliberate in our decisions but we are not rushed.

Where do the profits of crowdfunding participants come from?

The crowdfunding profit of each phase will be distributed from the crowdfunding amount of the next phase, which will be automatically carried out by the protocol and cannot be tampered with by anyone.

Where does the profit of Recovery Earn come from?

The profit of the Earn function will come from loan interest income, liquidity rewards, sponsorship from partners, etc.

After the subscription, when will the reward be issued?

Earn Rewards will be issued at the next 16:00 (UTC) after 24 hours of subscription.

Are funds safe in Recovery?

The assets of the Recovery protocol will be distributed and stored by multiple addresses, and there will be no restrictions on the withdrawal of community users, so the funds are very safe.

How long will it take for the withdrawal to arrive?

This will depend on the processing speed of the protocol and the blockchain, but no more than 24 hours at the latest.

Does REC only go up and not down?

No, REC has been listed on PancakeSawp, and more exchanges may be listed in the future. The price of the token is completely determined by the market.

However, with the continuous burning and staking mechanism in the Recovery ecosystem, as well as other subsequent empowerment of DAO, we believe that REC has a very large upward potential.

What happens if Recovery doesn't meet its crowdfunding target one day?

Crowdfunding will fail, and the protocol will automatically activate the Safeguard mechanism.

This will distinguish two cases, DAO node (Recovery) and normal node.

• If DAO node fails to meet the standard, the node will be restarted and all the current crowdfunding funds will be refunded. Because of the failure to meet the standard, users in the penultimate phase will not be able to obtain the crowdfunding principal and income. The next day DAO node will be restored to $10,000 to start crowdfunding.

• If normal node fails to meet the standard, the node quota will be reset to zero, and all the current crowdfunding funds will be refunded. Because of the failure to meet the standard, the users in the penultimate phase will not be able to obtain the crowdfunding principal and income. On the second day, it will be merged with the upper-level node and participate in the crowdfunding of the upper-level node.