Debt Collector Token Function
Debt Collector Function explained
Behold, the legendary mechanism known as the Debt Collector Function within the illustrious Harbor DAO! A marvel of decentralized ingenuity, this formidable feature stands as a sentinel of accountability, ensuring that every warrior who pledges allegiance to the DAO fulfills their sworn duty.
Picture, if you will, the mighty warriors of old, venturing forth into battle, their loyalty to the empire unwavering. Yet, should one stray from the path of duty, failing to stake their $HDAO tokens within the sacred 14-day window, they invoke the wrath of the Debt Collector Function. With the precision of a centurion's blade, it descends upon their realm, exacting a tithe of 25% of their $HDAO tokens.
But fear not, for this is no mere punishment. Nay, it is a righteous tax, a tribute owed to the DAO for the privilege of basking in its glory. By invoking the Debt Collector Function, the DAO reclaims what is rightfully its own, ensuring that all who partake in its bounty remain steadfast in their allegiance.
In the grand tapestry of decentralized finance, the Debt Collector Function stands as a beacon of order amidst the chaos. It reminds us that with great power comes great responsibility, and that those who dare to tread the path of the DAO must do so with unwavering dedication.
So, let the Debt Collector Function be a testament to our commitment, a reminder that within the hallowed halls of Harbor DAO, loyalty is not just a virtue—it is a sacred duty. As we forge ahead into the boundless expanse of the digital frontier, let us remember the words of our forebears: "Debtum Solvit!"—The debt is paid.
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