# Manifesto DPAD DAO is tackling a major challenge in the Web3 industry - the high failure rate of projects and the rampant scams that deceive investors and drain liquidity from the nascent Web3 ecosystem. By taking inspiration from[ Nouns DAO](https://nouns.wtf), which uses a community treasury to foster on-chain identity and community building, similarly DPAD protocol supports the creation of new ideas and communities backed by treasury-backed DAOs. While the DeFi revolution brought about by Uniswap's introduction of liquidity pools and AMM DEXes has secured many community investments from scams, the problem still persists. Based on our research of 40,000 projects, 98% of the token projects launched through IDOs reach $0 in liquidity pools within 18 months. DPAD's solution is to divide funds raised from the community into a liquidity pool on a DEX and a DAO Treasury. All token holders should have the right to vote on DAO proposals, and the use of funds in the Treasury should be governed by the DAO through proposals. By implementing this model, DPAD aims to ensure the long-term growth and prosperity of the projects. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://dpad.gitbook.io/dpad-whitepaper/manifesto.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.