What Is KarmaDao (KDAO)?
KarmaDao is transforming DeFi with the Karma Auto staking Protocol (KAP), This delivers your holders the highest fixed APY, rebasing rewards to your holders every 30 minutes! This is a very simple buy-hold-earn system that grows your portfolio in your wallet, fast. This will not only increase their odds of winning, but increase their yearly compound. They believe in creating a true DAO, and they will actively create this by using the snapshot feature, and steering your community in the right direction.
KarmaDao Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | KarmaDao |
| Short Name | KDAO |
| Circulating Supply | N/A |
| Total Supply | 225,178 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Treasury Revenue
A portion of the buy and sell fees help sustain the Karma Treasury revenue 5% of the trading volume will be redirected the the RFV, Thus helping control the Karma staking protocol distinctions. KarmaDao goal is to build a policy-controlled currency system, in which the behavior of the KDAO token is controlled at a high level by the DAO. In the long-term, they believe this system can be used to optimize for stability and consistency so that KARMA can function as a global unit-of-account and medium-of-exchange currency. In the short term, intend to optimize the system for growth and wealth creation.
Treasury Growth
Treasury inflow increases the Karma treasury balance and backs outstanding $karma Tokens. There are four main strategies for market participants. Buying KDAO and auto staking it with a highest fixed annual 153,600,539 % APY. Participating in quizzes as well as raffles made for the community, as well as your Lotteries system that will be developing.
What makes KARMA different?
Your team is aware that strong community offers a strong opportunity for its members. This aim to bring KarmaDao users together for a truly remarkable crypto experience for the long – term. Protocol utilizes unique Game Theory in your Tokenomics to bring about the best yields while maintaining attractive marketability, value proposition and market dynamics for sustainable growth with three innovations Lotto inspired Game UI, currently developing. It is a random system where your community will benefit ourselves by just holding. Auto stake protocol, the participants don’t need to stake their KDAO,it’s automatically giving more facilities for obtaining yield rebases.
Rebases’ amount, increased to 48 epochs per day. The fact of distributing better yields afford to holders an exhaustive control from their rewards as well as better distribution of your supply. Built BY USERS for USERS After witnessing many projects fail, they have learned alot and wanted to implicate these features to the community., your team has put your heads together to bring you a project everyone can get behind. With innovative ideas and extensive collaboration, they are working to bring you what they believe is truly the pinnacle of what a true DAO should be.
Staking rewards
Karma Tokens Compounded automatically, The treasury is backed with intrinsic value. Governance participants can get involved on your forum and through discussions in your community discord and DAO discord servers respectively. KARMA was developed and built by a distributed doxed team, and is contributed by the Karma DAO community.
Risk free Value
5% of the trading fees are redirected to the RFV which helps sustain and back the staking rewards and provide a positive rebase to holders. 3% of the purchases and 8% of the sales go directly to the treasury which supports the RFV. 5% of the trading dees return to the liquidity ensuring $karma increasing collateral Value. Karma is a decentralized reserve currency protocol built on Avalanche Network.
Originally KarmaDao was an OHM fork, which was then migrated to an auto staking protocol. Each KDAO token is backed by a basket of assets (e.g. MIM,AVAX) in the KARMA treasury and collateral pool, giving it an intrinsic value that it cannot fall below. Also, protocol introduces unique economic and game-theoretic dynamics into the market through staking and bonding as well as a Lotto inspired Game UI that will bring your DAO closer to the metaverse.
