> For the complete documentation index, see [llms.txt](https://messier.gitbook.io/catalogue-de-messier/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://messier.gitbook.io/catalogue-de-messier/messier-dao/one-pager.md).

# One-Pager

Messier's applications run on many blockchain networks, including Ethereum, BNB Chain, Base, Solana, Avalanche and Robinhood Chain. These apps collect service fees from users and send them to the **VirgoDAO treasury** on **Ethereum**.

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**VirgoDAO is run by its stakers, independently of the Messier team.** The team does not vote on investments.

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**M87** is the community token. You can trade it on the open market and stake it in Virgo to earn passive income. It was also used to win the **Messier Objects NFTs**, which earn higher rewards than staking M87 alone.

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How much M87 you stake decides your role in the DAO:

* **Pōwehi:** in the **top 87 stakers** with **at least 500M M87** staked. Pōwehi **create proposals**.
* **Halo:** everyone else with at least **8.7M M87** staked. Halo members **vote on proposals**.

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When a proposal passes, a smart contract automatically buys the token listed in the proposal. It splits the new tokens like this:

* **12.13%** goes to **Pool 1** (for all stakers, including NFT holders)
* **0.87%** goes to **Pool 2** (only for NFT holders)
* **87%** is stored in the treasury until the end of the cycle

Rewards can be claimed in ETH or in the invested token.

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A cycle is complete once a set number of proposals, decided by the DAO, have passed. The current cycle length is **10 investments**.

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Wallets that stay staked for the whole cycle become **"Dark Listed"**. Messier Objects are always Dark Listed because they are always staked. Wallet status resets after each Supernova.

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Approving the first investment of the next cycle triggers a smart contract called **Supernova**. Supernova collects all the alt tokens (except ETH and any suspicious tokens) and splits them like this:

* **12.13%** to the Dark Listed Pool 1
* **0.87%** to the Dark Listed Pool 2
* **87%** is sold for ETH

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Next, the ETH is split again:

* **12.13%** to the Dark Listed Pool 1
* **0.87%** to the Dark Listed Pool 2
* **87%** is put back into the treasury

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The treasury is only allowed to hold **87 ETH**. Anything above that is used to **buy back and burn M87 tokens**. This reduces the supply and supports the token's value.

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Once Supernova finishes and the ETH is back in the treasury, the cycle ends. A **new cycle begins** and the process starts again.

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**Coming next:** VirgoDAO V2 is in final testing. It brings a redesigned app, lower gas costs and faster rewards claims.