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HomeCOINSWhat Is MidasDAO (CROWN)? Complete Guide Review About MidasDAO.

What Is MidasDAO (CROWN)? Complete Guide Review About MidasDAO.

What Is MidasDAO (CROWN)?

For a limited time, BLITZ single-sided staking and LP farming will be offered to the BLITZ holders while MidasDAO services and products are launched and begin to generate revenue. A native token that facilitates Blitz Labs governance and participation in the network’s evolution. Aragon Govern is a pioneering framework for frictionless DAO governance with on-chain execution and plug-in dispute resolution.

It uses optimistic governance i.e. all proposals are passed by default unless challenged and resolved in Aragon Court. Optimistic Governance assumes that all actions are legitimate unless proven otherwise. Aragon Govern, however, does not run on the Polygon blockchain yet. As soon as the integration occurs, MidasDAO will adopt Aragon Govern as its main DAO management tool.

MidasDAO Storage Key Points

Coin BasicInformation
Coin NameMidasDAO
Short NameCROWN
Circulating SupplyN/A
Total Supply1,177,375
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Decentralized launchpad

Decentralized launchpad that allows anyone to create their own token,  raise capital and kick start a new project with the cross chain presale service in just a few clicks. Decentralized cross-chain multi sender allowing anyone to efficiently send thousands of tokens to multiple addresses by batching the transfers and automating the process.

Decentralized safeguard

Decentralized safeguard that allows anyone to lock liquidity tokens or ERC20 team tokens with the option of adding a vesting period to your tokens. Single-sided staking will be phased out , and dividend staking will be implemented. Rewards will be paid out in Stable Coins on a monthly basis. Surprise product to be announced shortly before the launch of the MidasDAO.

TBA

A decentralized exchange aggregator that uses algorithmic routing technology to ensure that your trade is completed at the best possible price. Very user-friendly, advanced features, cross-chain compatibility, and lightning-fast speeds will empower your DeFi trading and provide you with the competitive advantage you require. Decentralized cross-chain multi sender allowing anyone to efficiently send thousands of tokens to multiple addresses by batching the transfers and automating the process.

DAO System

MidasDAO started to manage as a DAO. DAO stands for Decentralized Autonomous Organization, an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. All projects within the DAO are strategically prepared, proposed, and discussed by the management or members, and then decided upon decentrally by the DAO tools. DAO system consists of a set of Aragon-powered2 smart contracts deployed on Polygon, enabling token holders to participate in strategic decisions in the DAO, which is currently in beta testing.

Value Appreciation & Liquidity Supply Mechanisms

The actual value determination of the token and accuracy of assessment are duties of two important bodies within MidasDAO the Art Acquisition Committee (AAC) and the Treasury Council (TC), as will be introduced below. Most importantly, the trust in the valuation of the token lies in the fact that most of the information is available on the blockchain and therefore is not subject to changes or manipulations of any kind. The Art Acquisition Committee, abbreviated as AAC, consists of a group of experts in art investment that assesses the NFT market.

They are in charge of purchasing, holding, and selling NFTs. Most of the MidasDAO NFTs are acquired for the last traded price through various auction houses and marketplaces. However, for special artworks, they seek direct negotiation with museums and galleries to guarantee the best conditions. In addition, the AAC conducts internal valuation by monitoring the value of the NFT collections owned by the Capital over time. This internal valuation will be carried out in predetermined time frames to be defined.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .
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