> For the complete documentation index, see [llms.txt](https://whitepaper.investadao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.investadao.com/what-is-investadao/how-it-works/how-are-pay-outs-made.md).

# How are pay-outs made?

Pay-outs are revenue generated from investments made by the DAO. When an investment is fulfilled, a snapshot of holders is taken and NFTs are minted for each holder. The NFT a member of the DAO receives corresponds with their % share of INVESTA tokens they hold. \
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When the DAO receives a payment from an investment in the form of:

* Rental yield from real-estate
* Dividend payments from stocks
* Staking proceedings from Crypto
* Profit from business investments
* Sale of an investment

These payments are distributed to all NFT holders for that specific investment. Payments will be made monthly or based on agreed time by DAO. 

**Example:**

DAO approves investment in Project A. Snapshot is taken and NFTs minted for Project A for all holders. Project A generates a monthly income which is distributed to all holders of Project A NFTs on a bi-monthly basis. After 8 months, the DAO votes to sell their investment in Project A. The money from the sale is then distributed to all holders of Project A. \
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Pay-outs will always be made to the holder of an NFT at snapshot times. If the NFT is sold or transferred, the new holder will receive the pay-outs.