How It Will Work
These community banks will serve as centers for sustainable economic growth by focusing on lending to local small & medium sized enterprises in an ethical manner.
Each community bank will be owned 75% by Valhalla Network and the remaining 25% split between a charity foundation and bank staff incentives.
This means each bank will allocate a significant portion of their dividends to a charity that reinvests into local, social, and community initiatives as per the DAO’s ESG (environmental, social, and governance) policy.
To meet these aims, Valhalla Network will execute two phases: