Bidya logo
  Crypto Coin Prices and News  

DAO Price   

Cap | Volume | High | Low | Old | New | Rare | Vs | Blockchains | Exchanges | Market | News | Dev News | Search | Watchlist
DAO

DAO Maker  

#DAO

DAO Price:
$1.10
Volume:
$1.1 M
All Time High:
$12.46
Market Cap:
$0.3 B


Circulating Supply:
234,156,000
Exchanges:
10
Total Supply:
280,800,000
Markets:
13
Max Supply:
308,175,528
Pairs:
26



  DAO PRICE


The price of #DAO today is $1.10 USD.

The lowest DAO price for this period was $0, the highest was $1.10, and the exact current price of one DAO crypto coin is $1.09723.

The all-time high DAO coin price was $12.46.

Use our custom price calculator to see the hypothetical price of DAO with market cap of BTC or other crypto coins.


  DAO OVERVIEW


The code for DAO Maker is #DAO.

DAO Maker is 3.2 years old.


  DAO MARKET CAP


The current market capitalization for DAO Maker is $256,924,123.

DAO Maker is ranking downwards to #208 out of all coins, by market cap (and other factors).


  DAO VOLUME


The trading volume is big today for #DAO.

Today's 24-hour trading volume across all exchanges for DAO Maker is $1,106,259.


  DAO SUPPLY


The circulating supply of DAO is 234,156,000 coins, which is 76% of the maximum coin supply.


  DAO BLOCKCHAIN


DAO is a token on the Ethereum blockchain, and has digital contracts with 3 other blockchains.

See list of the DAO Blockchain contracts with 4 different blockchains.


  DAO EXCHANGES


DAO is integrated with many pairings with other cryptocurrencies and is listed on at least 10 crypto exchanges.

View #DAO trading pairs and crypto exchanges that currently support #DAO purchase.


  DAO RELATED


Note that there are multiple coins that share the code #DAO, and you can view them on our DAO disambiguation page.


  DAO RESOURCES


Websitedaomaker.com
Whitepapermakerdao.com/whitepaper
Twitterthedaomaker
Redditr/makerdao
Telegramdaomaker
Mediumdaomaker
Instagramthedaomaker


  DAO DEVELOPER NEWS



Trust Wallet x DAO Maker : Campaign Partnership

Trust Wallet x DAO Maker : Campaign Partnership - On this Monday 21st of November, DAO Maker is a proud launch partner for the Trust Wallet Browser Extension! To celebrate, everyone who completes all the steps described below will receive a FREE OAT NFT ! Plus… we’re giving away $2,000 in $TWT between 20 participants with the highest score ! You can increase your score by doing simple tasks (more information on B). You have until the 6th of December 2022 to join and get the best score ! A - How do I receive my OAT NFT ? Download The Trust Wallet Browser Extension (you can import your current mobile wallet into the Trust Wallet Browser Extension!), Log into Galxe with your Trust Wallet, Complete the Galxe steps ! It is essential that you complete all the steps and claim your OAT token in Trust Wallet., Only those who hold the claimed OAT in their Trust Wallet will have a chance to win the airdrop. NOTE: You must first verify your Discord and Twitter accounts in your Galxe profile settings. Your NFT will only be viewable in your mobile wallet. B - How do I participate in the $TWT Airdrop ? 1# : Go on daomaker.com (create your account if not already) 2# : Connect your Trust Wallet address 3# : Click on Products and select Community voting 4# : Select Trust Wallet TokenResearch page and click on Participate 5# : Sign the message, once done you are accounted as participant for TWT Wallet airdrop ! 6# : To ...




Long-term Staking Vision, Team Tokens Locked for 3 years in  VY

Long-term Staking Vision, Team Tokens Locked for 3 years in Venture Staking - The DAO Maker team and our community are long-term believers in the DAO token. As a the result, most of the circulating supply is locked for several years, leaving around 3.7M DAO remaining on centralized exchanges. Our proprietary staking contracts have been growing up only and now locking over 60% of all circulating tokens for an average of 1.7 years. When compared to other highly respected companies, few can compete. Some of you reading this right now might ask yourself why this launchpad token is outcompeting some of the biggest protocols in space? — DAO The perfect Utility Token. — The Venture Staking Locking Mechanism Proprietary Staking contract that rewards long-term stakers and fees early unstaker. Fees are burned and given to stakers that stay loyal to their stake. Once a user wins an SHO, future vested tokens will only be distributed by our smart contracts as long as the user remains staking their DAO. Turning all IDO winnings into staking rewards. Cycle Agnostic Product Unlike 99% of the coins out there that come and die with trends and cycles, DAO Maker is cycle agnostic and therefore bear market proof. In fact, since the start of the bear market the yield and rewards reached ATH. Continues flow of non-inflationary yield 99% of coins, including the most respected DeFi protocols, inflate themselves to death before even tur...




Community Voting Tutorial

Dear readers, A lot of questions have been raised in our socials regarding the introduction of the community voting for DAO Maker’s entrants. This article is here to clarify all of your enquiries. To make it clear, EVERYONE has the ability to vote on projects through the community launchpad. This is incentivized by an AIRDROP, regardless of your $DAO holdings. In other words, if you vote, you get that project’s tokens airdropped to your participating wallet. Note : Community votes are cost-free and there is no requirement for a KYC verification to be completed. Soon, you’ll be able to participate even without signing-up on daomaker.com ! — How does it work?. — Apart from Incubation, SHO and Public SHO, applicants will get additional coverage thanks to community voting on daomaker.com Applicant’s tokens will be airdropped to all the wallets that participated in the community vote. As a participant, you can increase the amount of tokens received by performing several simple tasks benefitting both applicants and DAO Maker. DAO Maker is a platform that allows applicants to advertise their airdrop. Distribution of the tokens will in most cases be handled by the project itself. Check now if there’s one to join on this webpage. — How can I participate ?. — 1# : Go on daomaker.com and connect your wallet 2# : Click on Products and select Community voting 3# : Select a Research page and clic...




DAO Maker Permissionless Farms

Growing to be a decentralised autonomous Platform for all things Tokens DAO Maker recently introduced our Farms & Vesting Contracts services for our clients. Our next step is to provide a clear permissionless process for any company to utilize our protocols. Allowing anybody to setup their farms and vesting contracts on DAO Maker. However in a smart and protective manner of users and the general public. Any token that wants to setup a Farm can do so by going to our Farms, however to get verified and visible they will need to pass the automatic verification process. Liquidity providers are at risk of impermanent loss. In order to for DAO Maker Platform to provide visibility to the farm, users need to be sure of any inflation data around the token. For that people need to be given transparent and reliable token metric data. Any token that setup their token farm on DAO Maker will be first be unverified and sorted as Risky. To become verified the company is required to setup their vesting schedules and smart contracts. This way Farms have a clear overview of inflation and this data can be trusted as its setup on immutable smart contracts. Setting up a farm and getting verified is an open and premissionless process. This opened up the platform to evolve beyond its current closed capabilites. DAO Maker Permissionless Farms was originally published in DAO Maker on Medium, where people are continuing the conversation by highlig...




Sweatcoin: Top 3 fitness app in the Google and App Store with 100M users to launch on DAO Maker!

DAO Maker has been working hard to improve the quality of our startups constantly. Today we are extremely proud to announce that DAO Maker will launch one of if not the biggest tokenization events in history. Sweat coin is a massive brand with over 100M users and the top fitness app in both the Apple Store and android play store. Sweat has already created the most popular Health & Fitness App globally of 2022 in Sweatcoin, a Web2 app with over 110M+ users and a funnel to create the Sweat Wallet, a Web3 app powered by a new cryptocurrency — SWEAT. Since its recent inception, over 13M wallets have been created. Sweat Tokenomics: sweateconomy.com — Sweatcoin is the first sale on DAO Maker v2.. — DAO Maker v2 will go live on the 5th of September and kick off with one of our largest sales to date. The total offering will be $2,000,000 split evenly between Public SHO and DAO Maker holders. The DAO sho will be conducted via the new guaranteed allocation fusion model (learn more). The Public sale will end on Friday 9th of September and will be finalized as an FCFS. — What makes Sweat Economy (SWEAT) unique? - No upfront fee. With SWEAT, no payment is required, and demand for the token comes from a fundamental value., Revenue model. Most engage-2-earn projects rely on a circular revenue model: people buy the token to get an NFT, which helps them earn more of the token, which helps them upgrade the NFT ...




Long-term Staking Vision, Team Tokens Locked for 3 years in VY

The DAO Maker team and our community are long-term believers in the DAO token. As a result, most of the circulating supply is locked for several years, leaving around 3.7M DAO remaining on centralized exchanges. Our proprietary staking contracts have been growing up only and now locking over 60% of all circulating tokens for an average of 1.7 years. When compared to other highly respected companies, few can compete. Some of you reading this right now might ask themselves why this launchpad token is outcompeting some of the biggest protocols in space? — DAO The perfect Utility Token - The Venture Yield Locking Mechanism Proprietary Staking contract that rewards long-term stakers and fees early unstaker. Fees are burned and given to stakers that stay loyal to their stake. Once a user wins an SHO, future vested tokens will only be distributed by our smart contracts as long as the user remains staking their DAO. Turning all IDO winnings into staking rewards. Cycle Agnostic Product Unlike 99% of the coins out there that come and die with trends and cycles, DAO Maker is cycle agnostic and therefore bear market proof. In fact, since the start of the bear market the yield and rewards reached ATH. Continues flow of non-inflationary yield 99% of coins, including the most respected DeFi protocols, inflate themselves to death before even turning one year old. As the saying goes: If you don’t know where the yield comes from,...




Multi-chain protocols and smart contract services

As the number 1 platform in the industry for new launches, 100s of new companies approach our research team every month. We reject over 95% of these as we aim to only have viable long-term tokens on our Launchpad. However, we are leaving a lot of value on the table by not servicing 95% of our future client deal flow. We, therefore, had to find a solution on how to effectively monetize our extremely full sales funnels and focused on how to expand DAO Maker from being able to work with 1% efficiently to working with 100% without damaging our reputation. We came up with three core products that we will present throughout this campaign. Today we are proud to present our multi-chain smart contract service products. — DAO Farms:. — DAO Farms have opened UI smart contract infrastructure to companies that want to be advised on how to conduct a wholesome liquidity campaign. Optimal liquidity farming campaigns are hard to pull off, resulting in the token team losing value and user farming. Any company that wants to set up their farms can apply with our research team, and after optimizing a Research, Page will be set up on our Farm page for them. Farming campaigns will usually run for 3 months at a time. Although considered as a single product, Farms do not seem too impressive, but in combination with one of the largest deal flows in the space, one can deduce that most crypto farms will likely be held on DAO Maker. —...




DAO Tokens integrated with Binance Custody

We are pleased to announce that DAO Maker is now integrated with Binance Custody as its custodian partner to enhance digital asset security. Binance Custody also supports DAO token, allowing institutions to safeguard DAO tokens by using the best-in-class cold storage solutions. Binance Custody is a fully regulated and compliant virtual asset custody platform. On top of securing funds to the highest possible standard, Binance Custody provides Liquidity solutions to institutional clients through Cold Convert, Binance Mirror and Share Wallet. By partnering with Binance Custody, DAO Maker has access to world-class security and digital asset management technology. About Binance Custody: Binance Custody is fully regulated, insured, and seamlessly integrated into the Binance ecosystem. The digital asset custody service uses multi-party computation (MPC) technology to provide bespoke solutions for clients. With no compromise between world-class security and an easy and efficient user experience, the platform features a customizable multi-approval scheme, allowing institutions to operate crypto assets systematically, securely, and in a controlled fashion. The core technology of our custodial service is certified with ISO 27001& 27701, the world’s best-known quality management standards in information security and privacy protection. About DAO Maker DAO Maker is the leading incubation, fundraising and acceleration platform with ...




DAOception: First Snapshot vote Live! BSC?

DAO Maker is going live on Governance Platform Snapshot together with our first vote. Should DAO Maker open staking and LP pools on Binance smart chain BSC? Full discussion: discord.gg Fastest growing DAO Treasury in crypto Venture Yield Cashback funds taken as the 20% fee from DAO holders are currently automatically used to repurchase DAO and send them to the staking contracts. Moving forward liquidations will be sent to a multisig wallet transparent to the DAO. This wallet will hold USDC & DAO. The way the USDC will be used is up for governance vote of the DAO. Currently, these funds are used to DCA into DAO Tokens. From now on the DAO can vote that these funds can be used differently. Users can vote if they want to have the funds burned, staked, or used in a completely different manner. As a result, we provide a major boost in transparency for DAO stakers. To date 2,525,490 DAO were bought from the market, 579,362.60 from Centralized exchanges, and 1,946,128 DAO, approximately $6M USDC over the first 6 months since the start of the system. Allowing anybody to accurately measure the Venture Yield Fees.Current Data from Venture YieldP/E ratio based on current value of distributed allocations on DAO SHOs — Should DAO Maker implement staking and access for SHOs via BSC? - All DAO holders can vote for any proposals. All holders need to do is connect their wallet that they are using to hold or to stake DAO and t...




Governance, Voted SHO & Guaranteed Allocations (Fusion System)

Automation & Guaranteed Allocation System - DAO Makers Launchpad process is quite complicated and difficult to understand for newcomers and even existing holders. This had to stop. We needed to come up with a new elegant system that makes everything 5x simpler and that's exactly what we did. — Proud to present the Fusion System. — The fusion system reduces complexity and onboarding time for our users by 90%. Currently, users have to KYC, register, wait, get an email, check the raffle spreadsheet and then stress out for FCFS, and then contribute, this will be replaced with: KYC, Contribute, and win. When contributions open users will get a notification via email automatically and contribute right away. The maximum personal allocation that users can contribute is calculated based on the user’s staked DAO. Maximum Contribution Formula: (Total Allocation for the Sale / Average Total DAO Staked for Sales) * 4 = Allocation Per DAO Power (4 = 4x oversubscription) Example: A user stakes 6430 DAO and the total raise of the sale is 600,000 6430 DAO = Tier 2 so his DAO Power is 7,073 (10% bonus) 600,000 /25,000,000 * 4 = 0.096 * 7,073 = $679 His personal maximum allocation will therefore be $679 — Under Subscription:. — If not enough people deposit BUSD before the end of the voting period then the smart contract automatically returns everybody’s funds back to their wallets after 48 hours. &mda...




  DAO NEWS


OSEAN DAO Celebrates Company Registration Milestone and Announces an Upc...

    [PRESS RELEASE - Majuro, Marshall Island, April 17th, 2024] OSEAN DAO is advancing rapidly: With company registration on the horizon, the organization is preparing to acquire its first boat and has announced a 5 million $OSEAN commemorative airdrop scheduled for May. The project has attracted a diverse team of skilled professionals and achieved significant milestones in a short time. Having reached a $2 million market cap last month, OSEAN DAO has now successfully gathered half of the funds needed for its first boat, setting the stage for the forthcoming milestone of company registration. Pioneering the Fusion of Yachting and Cryptocurrency Founded by a professional yachting team, OSEAN DAO is pioneering the integration of the yachting industry—valued at over $9.38 billion in 2023—with the cryptocurrency sector, representing the first Real World Asset (RWA) bridge of its kind. Leveraging the extensive experience of its founders who currently manage a successful yachting charter and training business, the team has crafted a detailed business plan that spans from boat management to cryptocurrency marketing. As the completion of the company registration approaches, the project is moving closer to acquiring its first boat and achieving its goal of generating potential revenue through a variety of maritime activities for the DAO. 'With the BTC halving approaching and our ongoing marketing efforts, it's just a matter of time before we secure the remaining funds to buy ... read More



Bitcoin-Powered Core DAO (CORE) Skyrockets By 220%, Here's Why

    Core DAO (CORE), the cryptocurrency behind the Core blockchain, has seen its price skyrocket by 220% over the last week, marking a significant milestone in its market performance. As of the last 24 hours, CORE has seen an additional 63% increase, accumulating a staggering 350% gain in just nine days. This rally has elevated Core DAO to the 55th position among all cryptocurrencies by market cap. What Is Core DAO? Core DAO operates on the Core blockchain, a Layer 1, EVM-compatible platform that supports the Bitcoin network by offering a secondary BTC block reward. The Core blockchain distinguishes itself through its unique Satoshi Plus consensus mechanism—a hybrid of Bitcoin's Proof-of-Work (PoW) and a delegated Proof-of-Stake (DPoS). This mechanism aims to address the blockchain trilemma, ensuring decentralization, scalability, and security. Core aims to create a strong and inclusive community within the Web 3 ecosystem, offering various features such as a stake bridge, airdrops, and a mining app to facilitate participation and engagement. The project is focused on building Web3 infrastructure and promoting public chains based on Bitcoin’s Proof-of-Work consensus, boasting over 10 million transactions, 550,000 addresses, and significant social media presence????. As of press time, Core's market cap was about $2.3 billion, with a 24-hour trading volume of approximately $447 million. The circulating supply of CORE tokens is 875,161,702 out of a maximum supply of 2,1... read More



USDT Transaction Volume Soars on TRON DAO, Hits 2 Million Daily

    There has been a remarkable surge in USDT transactions within the TRON ecosystem via TronDAO, showing a substantial increase since early February, now averaging over two million transactions daily. According to the latest data compiled by IntotheBlock, the surge brings the transaction volume close to the peak observed in January 2023. USDT Transaction Volume Soars on TRON DAO For the uninitiated, TRON DAO is a decentralized autonomous organization connected to a blockchain ecosystem. USDT, complying with the TRC-20 token standard on TRON, allows transfers using various non-custodial wallets like TronLink, Trust Wallet, and MetaMask. TRON's popularity for stablecoin transfers, particularly with USDT TRC-20 tokens, stems from its scalability advantage over Ethereum, resulting in comparatively lower on-chain fees. With its higher throughput capacity, the TRON network supports intensive projects without the significant 'gas' requirements associated with Ethereum, making it an increasingly favored platform for such transactions. USDT transactions on @trondao have been on a notable upswing since early February, now averaging over 2 million transactions daily. With this increase, the number of transactions is approaching the peak witnessed in January 2023. pic.twitter.com/BErBb17I04 — IntoTheBlock (@intotheblock) March 27, 2024 However, Tether, being a controversial entity in the eyes of several law enforcement agencies, has also brought its stablecoin, USDT, under scrutiny.... read More



Gauntlet Will End Contract With AAVE DAO

    Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet. The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening. Running The Gauntlet According to Morrow, the relationship between his company and the Aave DAO that oversees the protocol has become strained due to inconsistent guidelines and unwritten requests and objectives by the largest DAO stakeholders. Gauntlet has already started looking for companies that can replace their services and has stated that they are open to working together with Aave/Avara again in the future. With that being said, current circumstances have led Gauntlet to the decision to part ways. “We’re proud of our work […]. Almost everyone on our 60-person team has contributed to Aave or worked on the infrastructure supporting it. It is because of all this that it pains us to say that Gauntlet is no longer able to continue our work with Aave. We will be terminating our payment stream as soon as possible and working with other contributors to find a replacement for the Risk Steward.” Morrow cited incidents such as the AIP-371 fiasco and Chaos on Optimism as some of the catalysts for the decision. He also mentioned certain actions his company took for other platforms, which Aave DAO stakeholders allegedly regarded as &ldquo... read More



Mercure DAO Raises $1.5M to Lead the Revolution in Web3 Incubation

    [PRESS RELEASE - London, UK, February 17th, 2024] A Gateway to the Build the Future of Blockchain In a landscape where innovation meets expertise, MercureDAO emerges as the leading Web3 Incubator, standing ready to guide crypto projects towards success in this dynamic arena. Key Achievements: 30+ Project Incubated Helped to raise $20 Million 600+ Key Opinion Leaders 7+ Years in Building Web3 Projects Services That Elevate: From project incubation & connections to marketing, MercureDAO offers comprehensive solutions tailored to Web3 success. Incubation Services: support to early-stage projects in the decentralized ecosystem, technical guidance, funding opportunities, and networking resources. Marketing Services: Influencer Marketing, Performance, SMM, PPC, etc. Mentorship & Guidance: strategic guidance, industry insights, and actionable feedback. Access to Funding: access to a network of investors, VCs, and blockchain-focused funds interested in supporting innovative projects. Community Management: Cultivate a thriving community, a vital asset for any Web3 project, designed for community creation and interaction. and much more. What Makes MercureDAO Unique: Innovation and Expertise in Web3 MercureDAO stands apart as a dynamic and dedicated team of entrepreneurs and engineers with a groundbreaking vision for a better tomorrow. MercureDAO offers smart solutions for companies of all sizes and pride ourselves on unparalleled, dedicated service. Experienced Team: A seasoned pr... read More



Injective (INJ) and Lido DAO (LDO) Reach New Price Mark as Everlodge (EL...

    There has been significant bullish momentum for Injective (INJ) and Lido DAO (LDO) as both tokens gain new price heights. Meanwhile, Everlodge (ELDG) has continued to see an influx of new investors, having entered the 9th presale stage. New Presale Phase for Everlodge (ELDG) Sees More Investors After a successful 2023, Everlodge (ELDG) has started the new year on a high as the project sees an influx of investors. Everlodge has maintained a high reputation and popularity among investors as the token keeps rising in price. Everlodge is attempting to revolutionize the property investment marketplace through the creation of fractionalized NFTs backed by real-world luxury assets. What this means is that when an investor buys fractionalized NFTs from Everlodge, they own fractions of real estate assets from around the globe. This innovative model ensures entering into property investment is made affordable and secure. The Everlodge platform also provides incentives for holders of the ELDG native token. For instance, holders of the token can qualify for complimentary stays in hotels owned by Everlodge. Also, holders of ELDG will soon be able to stake the token for passive income. It's currently selling at a current price of $0.029. The project is in the 9th stage of token presale. Security-wise, the Everlodge project has undergone several audits by Interfi Network and Block Audit teams. To prevent a potential rug pull, the liquidity of the ELDG token will be locked for 8 years. For ... read More



1inch DAO Makes DeFi History, Votes To Onboard Legal Counsel

    In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure 'legal advisory services' from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboard STORM Partners For Legal Advisory Services Following voting that ended on January 9-overwhelmingly supported by the 1inch community-holders decided to onboard STORM Partners. This marks a significant step forward in the DAO's efforts to navigate the complex legal landscape and protect its members.  With STORM Partners on board, 1inch DAO becomes the first autonomous organization in the broader crypto ecosystem to access expert guidance on compliance, governance, and legal defense. Out of this landmark move, the DAO will receive expert legal advice. As such, they will strive to operate within the confines of applicable laws and regulations in the United States and beyond.  This move is particularly noteworthy given the recent United States Securities and Exchange Commission (SEC) concerns over the crypto industry and the DeFi sector. From lawsuits, the agency noted that individuals who engage in illegal activities, including offering unregistered securities, via a DAO could be sued individually. To illustrate, following a lawsuit from the SEC, BarnBridge DAO agreed to stop selling what the agency said w... read More



Analyst Predicts 76% Lido DAO Rally If This Ascending Triangle Break Hap...

    An analyst has explained that Lido DAO (LDO) could rally toward a new all-time high of $6 if a sustained breakout above this pattern occurs. Lido DAO Has Been Forming An Ascending Triangle Recently In a new post on X, analyst Ali discussed an Ascending Triangle that has been taking shape in Lido DAO's weekly price chart. An 'Ascending Triangle' is a pattern in technical analysis that, as its name suggests, has a triangular shape. This pattern has two main lines: an upper level that's horizontal (that is, parallel to the time-axis) and a lower level with some finite slope. The former connects highs in the price, while the latter is created by joining higher lows. Like any other such pattern, the upper level is likely to resist the price, while the lower level can be a potential support point. As the lower line here slows upwards, this consolidation channel gets narrower as the price moves forward. A break out of either of these levels can be significant, as it can suggest a continuation of the price trend in that direction. Naturally, a break above the triangle can be positive for the price, while an exit below indicates the breakdown of the bullish pattern. There is also a similar, but opposite, pattern to the Ascending Triangle called the 'Descending Triangle.' In the case of this pattern, the horizontal line is below, while the sloped line is above, and the triangle narrows towards the downside. Now, here is the chart shared by Ali that reveals the Ascending Triangle poten... read More



What Is A DAO

    Decentralized Autonomous Organizations (DAOs) represent a revolutionary concept in the blockchain and crypto world, reshaping how we think about governance and collaborative decision-making. This article dives deep into the world of DAOs, providing a comprehensive understanding of ‘What is a DAO’, their meaning, mechanics, and significance in the crypto ecosystem. You'll also explore the intriguing history of DAOs, including insights into Nick Szabo's pioneering role in their invention. What Is A DAO? A Decentralized Autonomous Organization (DAO) is an innovative organizational structure that operates on blockchain technology, embodying principles of decentralization, autonomy, and consensus-driven governance. At its core, a DAO is an entity without central leadership, governed by a set of rules encoded in smart contracts. These contracts, running on blockchain platforms such as Ethereum, automate decision-making and enforce the rules of the organization. Key to understanding 'what is a DAO' is grasping its reliance on blockchain technology. DAOs utilize smart contracts to create a transparent and incorruptible framework for organizational operation. These contracts are programmed to execute automatically when certain conditions are met, ensuring that operations are not only transparent but also free from human error or manipulation. DAOs fundamentally alter traditional governance structures by enabling token holders to vote on proposals directly, thereby democrat... read More



Lido DAO (LDO) New All-Time High? One Analyst's Perfect Setup To $37

    Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will push LDO to new all-time highs and one crypto analyst has revealed how high the token’s price could go. Lido DAO To Beat Previous $7.22 All-Time High Back in the bull run of 2020-2021, the price of Lido DAO’s native LDO token soared with the rest of the market and eventually touched its all-time high price of $7.22. Naturally, this has been the level that bulls have been trying to get back to that would put all holders back in profit. However, crypto analyst Weslad expects the altcoin to completely clear this all-time high price by at least a 4x. In an analysis posted on the TradingView website, Weslad reveals the roadmap for LDO’s price to rise another 1,400% from here. According to the analyst, the LDO/USDT has been showing a “robust ascending triangle pattern.” This pattern, the analyst says, suggests that LDO could move to test the Neckline which is a critical supply zone for the asset. The analyst who is obviously very bullish on LDO expects that this level will be breached and that the altcoin will eventually turn this resistance mark into support. “The Buy back area on the chart should give all the bull an opportunity to accumulate the coin before major move begins and at same time ... read More



Arbitrum DAO Passes Proposal to Allow ARB Token Staking

    The decentralized autonomous organization (DAO) of Ethereum-based layer-2 scaling solution Arbitrum has passed a proposal enabling users to stake the network’s native token, ARB, in exchange for rewards. The proposal was released on October 30, and voting was concluded on November 6, with 66% of ARB holders voting in favor of the proposal and 33% voting against it. The ARB Staking Proposal The Arbitrum DAO treasury has grown significantly, currently holding 3.54 billion ARB and an additional stash of 69 million ARB tokens that were unclaimed during the network’s recent airdrop. The DAO deemed it fit to share the treasury’s growth with token holders, hence the staking proposal. “We believe that the Arbitrum token needs a staking mechanism. We propose creating a mechanism that distributes ARB to token lockers. A locking mechanism would incentivize long-term token holders and become a fundamental building block for future token utility proposals,” the team said. The organization believes implementing a staking mechanism would significantly increase the crypto community’s interest in the Arbitrum ecosystem and offer a major step towards introducing different forms of revenue sharing in the future. The Arbitrum Coalition, a governance forum made up of Blockworks Research, Gauntlet, and Trail of Bits, will keep track of the effects of the staking mechanism for 12 months, providing quarterly updates and qualitative reporting to the community. The ... read More



Blockchain Governance — A Look at the Top 5 DAO Treasuries in 2023

    Over seven years ago, on April 30, 2016, the first decentralized autonomous organization (DAO) emerged, marking a significant shift in the digital world. However, just three months later, a cyberattack brought it down, leading to its unfortunate collapse. Today, the landscape has transformed dramatically, with numerous DAOs thriving, and 179 treasuries surpassing $1 million. In total, these organizations hold $18 billion in assets, both liquid and vested. As of 2023, the top five DAO treasuries alone hold $11 billion, spread across various token assets.2023's Leading DAOs Various sectors in the world of digital assets have been hit by the crypto winter but decentralized autonomous organizations (DAOs) have seen growth. In essence, a DAO stands as a digital governance model, orchestrated by smart contracts, with decisions documented on a blockchain. With 179 DAO platforms overseeing assets surpassing $1 million, the following is an overview of the top five DAOs as they stand in 2023. On April 15, 2022, the DAO ecosystem had a valuation of $10.8 billion. As of today, the combined value of DAOs has risen significantly to $18 billion. This evolution continued into 2022 when the top-ranking DAOs had a different composition. Uniswap and Bitdao, which has subsequently rebranded as Mantle, occupied the top positions. However, there has been a shift in dynamics, with the other three contenders on the top-five list-Uxd Protocol, Mango DAO, and Lido's DAO-yielding their positions. Arbit... read More



Lido DAO Votes to Sunset the Lido on Solana Project

    The Lido on Solana project will wind down following the inability of the P2P team to sustain the project due to financial constraints. According to the team, the sunsetting of the project will happen over the coming months, with stSOL token holders given until February 2024 to unstake through the Lido on the Solana frontend. Lido Discontinues Liquid Staking on Solana The decision for Lido to cease its liquid staking solution on the Solana blockchain comes after an 'extensive DAO discussion and community vote,' according to an announcement on Monday, Oct. 16, 2023. Based on results from a snapshot, over 92% of Lido token holders voted in support of sunsetting the Lido on Solana protocol, while just over 7% voted to provide funding to the project. P2P validator, the team behind the development of Lido on Solana, previously proposed two scenarios to community members – fund the project with $1.5 million to sustain operations or exit the Solana blockchain. Yuri Mediakov of P2P, who put forth the proposals, listed project and business developments, along with profit and losses. Mediakov said the team invested about $700,000 into development and support but got a revenue of $220,000, thereby making a loss of $484,000. The proposal, meanwhile, stated at the time that if the community voted for the sunsetting option, the team would need $20,000 monthly in support from the Lido DAO for technical maintenance for five months, beginning from Sept. 4, 2023. An excerpt from the lates... read More



CRV Price Surges 16% – What's The Next Move For Curve DAO Token?

    Curve Finance's native token, CRV, has recently experienced a notable uptick in value, driven by a sudden surge in whale accumulation. As the decentralized finance (DeFi) platform's token rebounds from its November 2022 low of $0.4, crypto enthusiasts are left wondering whether this momentum is sufficient to initiate a sustained bullish trend for CRV. Over the weekend, cryptocurrency tracker Lookonchain detected an interesting activity involving two significant whales. The first whale orchestrated a substantial withdrawal, amassing a staggering 19.56 million CRV tokens valued at approximately $10.33 million from the popular crypto exchange Binance. What makes this move even more intriguing is that the whale proceeded to stake the entire sum on Convex Finance (CVX), a DeFi platform intricately designed to empower Curve users in enhancing their rewards. Not to be outdone, another whale executed a withdrawal of 5.78 million CRV tokens, worth in excess of $3 million, from Binance on a Sunday, further piquing the curiosity of the crypto community. Whale'0xDf14″ withdrew 5.12M $CRV($2.7M) from #Binance again 6 hours ago. And the whale has withdrawn a total of 19.56M $CRV($10.33M) from #Binance in the past 3 days. The whale staked all $CRV on #Convex.https://t.co/eSOmZSlmk8 pic.twitter.com/8fXj2VVk3T — Lookonchain (@lookonchain) September 25, 2023 Resistance Looms, Yet Potential For CRV Persists The current price of CRV on CoinGecko stands at $0.515, reflecting a 0.1% ... read More



69 Million ARB Tokens Transferred to Arbitrum DAO Treasury from Unclaime...

    A stash of 69.5 million unclaimed Aribtrum (ARB) tokens has been moved to the Arbitrum DAO Treasury. The decision was made by the DAO to transfer the unclaimed tokens - worth around $57 million - to its Treasury instead of letting them remain locked indefinitely as part of the Arbitrum Improvement Proposal AIP-7. Arbitrum Deadline Concludes The Arbitrum airdrop in March was one of the most highly-anticipated events in the industry, with early adopters being the first ones to get their hands on it. The main objective was to reward users based on several factors, including platform usage duration, engagement, and the total value of assets they had bridged onto Arbitrum chains. Those qualified to receive tokens had the opportunity to claim them until Ethereum block 18208000, which occurred on September 24th. Over the past six months, 583,138 addresses, or 93.3% of eligible users, successfully claimed their ARB tokens, as per data from Dune Analytics. The unclaimed tokens, on the other hand, were deployed to the Arbitrum Treasury under AIP-7, the proposal which received overwhelmingly positive votes last month. The Arbitrum Foundation announced transferring 69 million unclaimed ARB tokens into the network's treasury as the token claim period concluded on September 24th. The official tweet read, 'The 69,448,385 unclaimed ARB remaining in the token claim contract has officially been moved to the Arbitrum DAO treasury as outlined in AIP-7. You cannot claim those tokens anywhere. Ple... read More



US Court Classifies Tornado Cash as 'Person' in Verdict Echoing Ooki DAO...

    A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.' This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner.U.S. Judiciary Designates Tornado Cash as 'Person' in OFAC Case In a legal face-off with the U.S. government, specifically the OFAC, the plaintiffs posited that Tornado Cash is simply decentralized software. On the contrary, the government viewed it as an organization facilitating cryptocurrency mixing. Central to the dispute was whether the OFAC held the power to impose sanctions on Tornado Cash, and if such an action infringes on the plaintiffs' freedom of speech. Yet, the court dismissed the plaintiffs' stance, recognizing Tornado Cash as an entity fit for OFAC designation. The court reasoned that Tornado Cash aligns with the regulatory description of an 'association,' given the collaborative efforts of its founders, developers, and its DAO governance model towards shared objectives. U.S. judge Robert Pitman declared: The record sufficiently supports OFAC’s determination that the founders, the developers, and the Tornado Cash DAO have acted jointly to promote and govern Tornado Cash and to profit from these activities. Furthermore, Judge Pitman identified that Tornado Cash holds a vested interest in the smart contracts it establishes, which aligns with the regulatory classification of 'property.' These contracts, w... read More



TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON ...

    [PRESS RELEASE - Geneva, Switzerland, August 17th, 2023] TRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens. As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks. Curve is a decentralized exchange acclaimed for its automated market makers (AMMs) tailored for stablecoin trading. Having experienced an exponential surge in the latter half of 2020, it once established itself as the epitome of DeFi platforms. Currently, Curve ranks as the world's second-largest decentralized exchange (DEX) and the largest DEX for stablecoin trading. The recent hack targeting the platform has led to a chain reaction in the DeFi space. TRON founder Justin Sun promptly expressed his support for Curve after the incident, stating, 'Curve is an essential DeFi infrastructure for the blockchain industry. Our thoughts are with the team and the users affected. As a community, let's support and strengthen the security measures to protect our decentralized ecosystem.' Amidst the volatile market on August 1, TRON forged a partnership with Curve, introducing a stUSDT pool on the platform. stUSDT, the world's first rebase real-world asset (RWA) protocol on the TRON blockchain, is hailed as the Web3 world's version of Yu'E Bao (once China’s largest money market fund). According to Defillama, the TVL on stUSDT has already exceeded $700 million. Following that, TRON DAO Ventures announced its investment in Curve, und... read More



Shiba Inu DAO Gets Serious With New Advisory And Investment Firm

    Shiba Inu, an Ethereum-based cryptocurrency, is bolstering its commitment to driving its ambitious goals in the crypto industry by appointing a new tech advisor. The move will see Alpha Transform Holdings (ATH) providing expertise and advice to the Shiba Inu DAO Foundation.  Strategic Partnership with Alpha Transform Holdings In a Twitter post released by Lucie, a Content Marketer for the Shiba ecosystem, it was revealed that Alpha Transform Holdings, a leading cryptocurrency advisory venture capital firm would be entering a counseling role for the foundation behind Shiba Inu DAO.  The update was disclosed on Monday, August 14 in a press release where ATH underlined all the benefits Shiba Inu could potentially gain from decades of experience providing expertise advice to major crypto projects in the industry.  The partnership between Shiba Inu DAO and ATH was enthusiastically welcomed by Alpha Transform Holdings’s Partner, Media, and Entertainment lead, Seth Shapiro. He emphasized Shiba Inu’s pivotal role in transforming the future of the Web3 space and showed full support for the new alliance.   “In the past 15 years, web2 technologies, mobile, streaming, and social, have rewritten the economics of media. We believe that web3 will have a significant impact in the coming years. The Shiba Inu ecosystem is one of the first to offer a 360 strategy for M&E integration at scale. We look forward to working with their team as this next era... read More



Will Curve DAO (CRV) Recover? Here's What On-Chain Data Says

    Curve DAO (CRV) has continued to decline recently. Here's what on-chain data says regarding if a rebound is probable for the coin anytime soon. What Curve DAO Metrics Hint At Regarding Futures Price Action In a new insight post, the on-chain analytics firm Santiment has recently discussed how the underlying metrics related to CRV have looked. The first relevant metric here is the 'Supply Distribution,' which tells us the percentage of the Curve DAO supply each investor group holds. In particular, the cohort of interest here holds between 10,000 and 100 million tokens of the asset. This is an extensive range covering the likes of the sharks and whales. Here is a chart that shows the trend in the holdings of this CRV group over the past year: As displayed in the above graph, the indicator's value has shot up recently, implying that sizeable Curve DAO investors, such as the sharks and whales, have sharply expanded their reserves. About two weeks back, these holders had been carrying a combined 33% of the circulating supply, but today that value has risen to 41%. 'This is a massive ascension and is now the most by far that these sharks and whales have held in well over a year,' notes Santiment. This accumulation from these key investors has come right after the big plunge that Curve DAO observed, suggesting that they find the current levels a worthy buying opportunity. Naturally, this is a positive sign for the cryptocurrency's price. The next indicator of interest here is the... read More



Curve DAO Scores $5 Million Boost From Binance, Eyes BNB Chain Expansion

    In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a substantial $5 million investment in Curve DAO Token (CRV).  The Ethereum-based CRV token is the backbone of the Curve ecosystem, which has established itself as the largest stable swap and second-largest decentralized exchange (DEX). Curve and Binance's BNB Chain Forge Strategic Alliance As part of the partnership, Curve will explore the deployment of its protocol on the BNB Chain, the thriving ecosystem powered by its native token, BNB. This strategic alignment aims to leverage the strengths of both platforms, further fueling the growth of DeFi on the BNB Chain. Yi He, Co-Founder of Binance and Head of Binance Labs, expressed enthusiasm about the collaboration, stating:  Curve is the largest stableswap, and as a key protocol in DeFi, it has contributed to the steady growth of the space in 2023. Given the recent events that have impacted the protocol, Binance Labs has offered our full support to Curve through our investment and strategic collaboration. We view this cooperation as a starting point and look forward to working together to further propel the growth of the DeFi ecosystem. Curve Founder, Michael Egorov, acknowledged the significance of the collaboration, stating: BNB Chain has earned a significant presence in DeFi and is well-positioned to deploy Curve's current and future products on its chain. We look... read More



Is Curve DAO (CRV) Price On Track To Reach Or Exceed $1 This Month?

    Curve DAO (CRV) encountered notable obstacles in reestablishing its market equilibrium subsequent to a recent breach in its network security. After a network intrusion that jeopardized a portion of Curve DAO's (CRV) smart contracts and caused a monetary setback of $50 million, the value plummeted drastically. This occurrence prompted numerous investors to bet against their CRV tokens, exacerbating the downward pressure on its valuation. Based on a recent analysis of the price trends, the value of Curve DAO experienced a favorable support level close to the $0.56 threshold. On August 1st, there was an instance of rejection for the lower price, indicating that buyers are accumulating at this reduced price point. Anticipated Curve DAO (CRV) Price Movement In the face of ongoing security concerns, a separate analysis anticipates a substantial 42.1% surge in CRV's price, propelling it to $0.81 once the security issues are effectively addressed and resolved. Conversely, contrasting predictions foresee a potential 15.7% decline, bringing the value down to $0.48. This shift in sentiment is attributed to a significant number of investors diverting their attention toward competing options within the CRV ecosystem. Examining the daily chart, a notable trend emerges as the CRV price experiences its second reversal from a horizontal support level, indicative of the emergence of a double bottom pattern. Presently, this bullish reversal has facilitated an 8% upsurge, driving the price to... read More



Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic S...

    Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of transaction within the protocol.  According to a report from Bloomberg, this decline in CRV's price has put the substantial sum of over $100 million in loans at risk of being liquidated, posing a serious challenge for Curve Finance's founder, Michael Egorov. As news of the potential liquidation of the Curve Founder's assets spread, the sentiment among investors turned increasingly fearful, resulting in a notable impact on the CRV market's price action in recent days. Many are now questioning whether there is any hope for a recovery. CRV Price Analysis: Mixed Trends Prompt Speculation On Sentiment According to CoinGecko, the price of CRV currently stands at $0.563, reflecting a decrease of -2.40% in the last 24 hours. Additionally, over the past seven days, CRV has experienced a significant decline of 22.1%. Despite the recent uptick, a bearish sentiment overshadows the CRV token's prospects. Notably, a fundamental support level lies at the $0.5 mark, which underwent testing in November and December 2022. Furthermore, a potential positive price response might be witnessed at the $0.32 support level from October and No... read More



Ethereum Price Will Skyrocket Due To AI-Driven DAO Revolution: Arthur Ha...

    In a thought-provoking blog post titled 'Moai,' Arthur Hayes, co-founder of the renowned crypto exchange BitMEX, delves into the potential impact of Artificial Intelligence (AI) on the future of economic organization and the role of Ethereum. Hayes argues that the rise of AI-driven Decentralized Autonomous Organizations (DAOs) will revolutionize the global economy and propel Ethereum to new heights. The Critical Role Of DAOs In The AI Era Hayes contends that the current economic progress and per capita wealth of global civilization can be attributed to the efficient self-organization of human societies. He emphasizes that traditional company structures, empowered and regulated by the state, have been the primary vehicles for economic development. However, he highlights the limitations of these structures when it comes to AI-driven entities. He states, 'An AI has no reason to follow any laws. It cannot be coerced by the state, and therefore, exchanges that trade tokens issued by AI-powered DAOs will likely become natural monopolies.' Hayes lays out a compelling argument for why DAOs, relying on smart contracts executed on public blockchains like Ethereum, are the ideal organizational structure for AI-driven entities. These smart contracts provide transparency, immutability, and cryptographic verification of transactions and agreements. Consequently, DAOs can operate efficiently and securely without the need for third-party intermediaries or costly auditing processes. He envis... read More



Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a 'Person...

    On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge's ruling that the Ooki DAO is a 'person' under the Commodity Exchange Act sets a new legal precedent. This decision could be quite significant as it's the first ruling to establish the legal status of DAOs and their accountability under the law.CFTC Lawsuit Could Define Legal Status of DAOs in the United States According to current statistics, there are 12,745 decentralized autonomous organizations (DAOs) with treasuries holding over $20 billion in crypto assets. Since the infamous failure of the first DAO in 2016, which caused a rift in the Ethereum community, DAOs have been a hot topic. Many supporters, however, have assumed that DAOs are immune to legal repercussions, given their decentralized and autonomous nature, and the fact that they're made up of numerous market participants. The CFTC's recent victory in the lawsuit against Ooki DAO, however, could be the beginning of the end for the notion that DAOs are immune to legal action. It all started in September 2022 when Ooki DAO was accused by the CFTC of breaking the Commodity Exchange Act. The DAO was allegedly operating as a futures commission merchant (FCM) from June 1, 2019, to around August 23, 2021, and was also accused of facilitating illegal margined, and leveraged retail commodity transactions. Despite the accusations, Ooki DAO ... read More



TRON DAO Honors Top HackaTRON Qualifiers for Completing Blockchain Deplo...

    [PRESS RELEASE - Geneva, Switzerland, June 7th, 2023] Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD, was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers, contingent upon the fulfillment of the project team to successfully deploy their dApp on either the TRON blockchain or BitTorrent Chain MainNets by June 1, 2023. There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly tracks. Five from each track were selected by an esteemed panel of judges as the most promising projects, and each was given 30% of their respective prize when results were announced on May 15. Judge-Selected Top Fives First place in each of the judge-selected tracks receives 20,000 USDD, with second place receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively. The new Builder track recognized teams returning to the hackathon that have made significant updates to their projects. The ones who completed their blockchain deployment milestone were, in order of selection: “Farming-as-a-Service” project by Elk Finance Galaxy Throne by Galaxy Throne JustMoney Spot by JustMoney TronNRG by TronNinjas TronQL by TronQL The Eco-Friendly track showcased projects working towar... read More



Lido DAO (LDO) Soars 17% Weekly, Bitcoin (BTC) Maintains $27K (Weekend W...

    Bitcoin has remained stuck during the weekend amid the lower trading volumes but still stands above $27,000. The altcoins are also quiet on a daily scale, but several - such as LDO, INJ, and QNT, have produced massive weekly gains. BTC Flat at $27K It was less than a week ago, on Monday when the primary cryptocurrency initiated a massive leg-up that resulted in tapping a three-week high at $28,500. This came after the initial deal reached by the US government in regard to the nation's debt ceiling. However, the asset failed to continue upwards and returned to $28,000 by Tuesday. A significant $1,000 price drop occurred on Wednesday, which was mimicked by a similar one a day later. Ultimately, BTC dropped to a weekly low on Friday morning at under $26,600. The bulls managed to intercept the move and helped bitcoin recover some of the losses by the time the weekend arrived. The past two days have been rather uneventful, as the cryptocurrency remains stuck at just above $27,000 amid the typically low weekend trading volumes. Consequently, BTC's total capitalization is still at $525 billion, and its dominance over the alts is at the same place as yesterday - 45.9%. BTCUSD. Source: TradingView LDO, INJ, QNT Record Weekly Gains The larger-cap altcoins have mimicked BTC's performance during the weekend, meaning there are little-to-no volatile movements. Despite a minor daily setback, ETH still stands at precisely $1,900 after going below and over that level during the week. Binance ... read More



DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% In...

    According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past 90 days, there has been a significant surge, with the funds held by DAO treasuries increasing by 144% to the current value of $21.5 billion. Decentralized Autonomous Organizations Witness Explosive Growth in 3 Months Following the failure of the first decentralized autonomous organization (DAO) in 2016, the concept of DAOs experienced substantial growth. As of May 19, 2023, deepdao.io, a web portal dedicated to the analysis and information surrounding these organizations, has documented approximately 12,763 DAOs. In October 2022, Bitcoin.com News reported on the financial assets held by DAO treasuries, which amounted to a total value of $9.8 billion. Notably, the largest treasury belonged to Uniswap, boasting a stash of $2.8 billion. At that time, Bitdao held a cache of $1.3 billion in assets, closely following Uniswap's DAO treasury. However, the subsequent months witnessed a decline, with the funds held by DAO treasuries plunging to a low of $8.8 billion by February 2023. Fast forward to today, May 19, 2023, and the scenario has transformed dramatically. The funds held by DAO treasuries have surged to $21.5 billion. Notably, Bitdao's treasury now holds the third position, while Uniswap's treasury secures the fourth spot among the ... read More



TRON DAO Announces Results of HackaTRON Season 4

    [PRESS RELEASE - Geneva, Switzerland, May 16th, 2023] The TRON DAO team, community representatives of the TRON blockchain platform, revealed the results for the fourth season of their popular HackaTRON competition. 500,000 USDD, a TRON-based decentralized, overcollateralized, multi-chain stablecoin, will be shared among the top projects. Judge-selected qualifiers will also be given application accessibility to TRON DAO Ventures and Huobi Ventures for potential capital funding. There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly categories. “Our thriving community's incredible talent and innovation were on full display for this season’s HackaTRON,” said Ejaz Merchant, Developer Lead with TRON DAO. “I want to express my gratitude to all the outstanding projects who submitted, all the partners, and the committed community members who made this event a success. Together, we are expanding blockchain technology's potential and promoting a cooperative, self-maintained ecosystem.” Judge-Selected Top Fives First place in each of the judge-selected categories receives 20,000 USDD, with second place entries receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively. The new Builder category recognized teams returning to the hackathon that have made significant updates to their projects. First place this seas... read More



The Elon Musk Effect: Cult DAO (CULT) Spikes 70% Following Tesla's CEO T...

    CULT - the native token of the blockchain project Cult DAO - soared by over 70% shortly after Elon Musk dropped a mysterious tweet containing the same name. The CEO of Twitter, Tesla, and SpaceX is known as one of the most influential individuals in the world of crypto. His previous comments have caused price swings in other digital assets in the past few years, including Dogecoin (DOGE), Floki Inu (FLOKI), and others. Musk has proven once again that even a short tweet posted by him could trigger a significant price increase of a certain token. His most recent post on the social media platform contained the words 'cult' and 'culture.' Despite not revealing what stands behind that phrase, Twitter's CEO caused a price spike of CULT (the native token of Cult DAO), which spiked by more than 70% in a matter of hours. CULT price, Source: CoinGecko Musk's previous influence in the crypto market is well-known and typically involves his favorite memecoin Dogecoin, as well as Floki Inu DOGE's valuation has gone north multiple times following announcements by the South African billionaire. Most recently, he changed Twitter's main logo into a picture of the infamous 'Doge' meme Twitter's main logo, propelling a 25% price increase for the asset.  FLOKI has also soared due to Musk's interactions. The entrepreneur uploaded a sarcastic photo on Twitter in February, depicting his dog as the new boss of the social media giant. Considering that the pet's name is Floki, it is no wonder ... read More



DeFi Platform JustLend DAO Unveils Staked TRX and Energy Rental Features

    [PRESS RELEASE - Singapore, Singapore, April 19th, 2023] JustLend DAO has announced the launch of two new features – 'Staked TRX' and 'Energy Rental,” aimed at providing users with more flexible and streamlined options while reducing energy rental costs. This major upgrade, released on April 16, expands the reach of JustLend DAO’s capability to multiply users' benefits by putting their assets into active use. STAKED TRX The new 'Staked TRX' feature is based on Stake 2.0 and allows users to earn high yields by staking TRX then receiving sTRX tokens. With 'Staked TRX,' the platform automatically earns yields for users via (a) voting rewards as the platform automatically votes for Super Representatives with their staked TRX and (b) renting out the Energy obtained by staking, resulting in higher yields and a much simpler staking process. As voting rewards and rents accrue, the exchange rate of TRX to sTRX will rise accordingly, thus increasing total yields. ENERGY RENTAL The new 'Energy Rental' feature provides a more cost-effective alternative to obtaining Energy by staking or burning Energy. Users can rent Energy or end their rental at any time, and the new process is less complicated and less expensive. ADVANCED DECENTRALIZATION TRON Stake 2.0 makes resource and voting management remarkably more flexible than its predecessor, Stake 1.0. JustLend DAO, the first TRON-based decentralized financial platform, now allows users to earn yields through supplied assets... read More



More DAO Maker (#DAO) News

DAO vs DESO | A-Z | Topics | ISO 20022


Privacy | Terms | Contact | Powered By LiveCoinWatch


bidya