New Collection War ✨
For an NFT collection to benefit from regular Floor War sweeps and the financialization/utility that comes with it, it must first win a New Collection War.
New Collection Wars are currently triggered by the DAO’s Collection Manager but are expected to move onchain in the future.
New Collection Wars are scheduled for a specific epoch. In the scheduled epoch the Sweep War is replaced by the New Collection War and users vote in the same way.
At the end of the week (epoch) the winning collection is approved to the DAO’s treasury and following an initial sweep using the week’s total yield, it then has a permanent place in future Sweep Wars.
The DAO has the option to sweep with more than the yield generated for that week if it is required to better bootstrap the collection.