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Reddit Posts

r/CryptoMarketsSee Post

Which oracle will be dominant in 2024?

r/CryptoCurrencySee Post

{ Democratic DAO Collectives }: A Peer to Peer { neoWorld Bureaucracy } System

r/CryptoCurrencySee Post

Everything to know about Moons before 'Moon Week' Returns on Jan. 29th.

r/SatoshiStreetBetsSee Post

Unveiling the Crypto Trifecta: Dive into the Potential of 3 Altcoins Set to Soar in the Upcoming Rally

r/CryptoMoonShotsSee Post

Next 100x memecoin Gem

r/CryptoCurrencySee Post

Blockchain Quiz - Intermediate/Advanced Level

r/CryptoMoonShotsSee Post

SafeStake’s Impact on Ethereum: Expanding the Validator Base to Ensure Finalization of Transactions

r/CryptoCurrencySee Post

1inch DAO votes in legal team for risks around decentralization

r/CryptoCurrencySee Post

Any old timers from 2013 and before still around?

r/CryptoMoonShotsSee Post

Hey Solana frens! Smoll Shadow here! | Trusted DEV | Nanocap 5-10 sol liq | Discord DAO community driven coin | Little Presale in our Discord server | Big potential

r/CryptoMoonShotsSee Post

Pawthereum: From 1M Market Cap Gem to Shaping the Future of Charitable Crypto - The Untold Journey

r/CryptoCurrencySee Post

How blockchain helps to bring gold to digital markets — Interview with DAO.Link

r/CryptoMarketsSee Post

BarnBridge DAO Settles with SEC: Fixed Yield Protocol Resolves Case for $1.7M

r/CryptoCurrencySee Post

Looking for a DAO maker tool that allows users to create ETF style funds

r/CryptoMoonShotsSee Post

The AI-Infused Gem Ready for New Heights!

r/CryptoMoonShotsSee Post

Introducing Lumin Finance

r/CryptoMarketsSee Post

Lido DAO Hit with Class-Action Lawsuit as Former LDO Holder Seeks Compensation for Crypto Losses

r/BitcoinSee Post

Value of bitcoin

r/CryptoMoonShotsSee Post

Introducing Embark Finance

r/CryptoCurrencySee Post

Curve Finance now holding a DAO vote over whether to return hacked (and then recovered) funds

r/CryptoMoonShotsSee Post

TIA-DAO | Uniswap Listing at 18pm UTC | Massive Partners | Huge Marketing | Zero TAX

r/CryptoCurrencySee Post

Beam has been on an absolute tear. What is it?

r/CryptoCurrencySee Post

Description of a Distributed Autonomous Organization Search Engine Using Crypto as Payment

r/CryptoMoonShotsSee Post

Discover NFTs and ASQDS Token in Asquids on Memonyx: The Web3 Gaming Revolution!

r/CryptoMoonShotsSee Post

The Balancement - is the first Multi utility rebasing token with tax so low, you’ll feel the heat from down under….

r/CryptoMoonShotsSee Post

DexCheck: Your Ultimate Crypto AI Companion

r/CryptoCurrencySee Post

To celebrate the start of the bull run I tried to explain to the newcomers 15 crypto terms using the dating life of the subredditors as an example

r/CryptoCurrencySee Post

QANplatform Signs $15M VC Deal for Its Quantum-Resistant Layer 1 Blockchain – Silent PR Bitcoin News

r/CryptoMoonShotsSee Post

Embark on a Journey of Infinite Real Estate Possibilities with Home Owner's Club !

r/CryptoMoonShotsSee Post

Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | Lets Join Us

r/CryptoMoonShotsSee Post

Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8 December | Trading Fee Incentives

r/CryptoMoonShotsSee Post

Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8 December | Limited Token Supply

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8Dec

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8December | Trading Fee Incentives

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8December | Join This Embark Journey Now!

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8December | Limited Token Supply

r/CryptoMoonShotsSee Post

OmniSource | Groundbreaking cross-chain decentralized exchange , set to revolutionize the cryptocurrency trading landscape | FairLaunch Will Live on 8December | Robust Cross-Chain Security

r/CryptoCurrencySee Post

Can you guys please help me on making a stupid decision?

r/CryptoMoonShotsSee Post

$VAB Vabble: The Netflix of Blockchain/Crypto - Beta Review

r/CryptoCurrencySee Post

SuperVerse DAO · Immersive Web3 Products

r/CryptoCurrencySee Post

The 7 Stages of a Bear Market (from my own experience)

r/CryptoCurrencySee Post

The Gold DAO brings gold into the future

r/CryptoCurrencySee Post

Aragon DAO Community Votes Legal Proceedings Against Founders Following Controversial Dissolution

r/CryptoMoonShotsSee Post

Introducing MAGA $TRUMP: A Cryptocurrency Movement

r/CryptoMoonShotsSee Post

$TPVC — Revolutionizing media through blockchain

r/CryptoCurrencySee Post

Looking at How Various Blockchains Pay Network Operators (fees vs block rewards vs inflation)

r/CryptoCurrencySee Post

Forget Solana, how does every other blockchain pay for it's fees?

r/CryptoCurrencySee Post

Decaying Categorial Meritocracy for DAO governance instead of Plutocracy or Dictatorship

r/CryptoMoonShotsSee Post

Introducing Basalt

r/CryptoMoonShotsSee Post

$CTX is an ERC-20 utility and governance token for Cryptex

r/CryptoMoonShotsSee Post

Marvin Doge - Welcome to the world of Marvin Doge - Strong Community & Marketing

r/CryptoMoonShotsSee Post

Marvin Doge - Welcome to the world of Marvin Doge!

r/CryptoCurrencySee Post

These are some talking points commonly used to criticize Ethereum, and my responses to them

r/BitcoinSee Post

Blockchain Accessibility Research Study

r/CryptoCurrencySee Post

Looking for Decentralized KYC Services

r/CryptoCurrencySee Post

I’ve downloaded CKBull and sent a small test amount. Now looking at the DAO an staking but I’m seeing a couple of red flags overall

r/CryptoCurrencySee Post

A new important DAO paper just dropped, introducing Dark DAOs and how they pose a threat to any existing DAO.

r/CryptoCurrencySee Post

[SERIOUS] Looking for on/off ramp for a Club/LLC

r/CryptoCurrencySee Post

Hello Cryptojobslist.com - Coingecko, Aptos labs, and uniswap are NOT hiring. Please clean up and remove their job posts from your website. Thank you.

r/CryptoCurrencySee Post

Could a DAO run a country?

r/CryptoCurrencySee Post

Bull market plan suggestions/strategy

r/SatoshiStreetBetsSee Post

EclipseDeFi - Eclipse Powers the Multi-chain Advertising & Ranking System (MARS)

r/CryptoMoonShotsSee Post

Introducing Metalink

r/CryptoMarketsSee Post

Lido DAO Crypto Current Price Analysis

r/CryptoCurrencySee Post

Understanding Evergreen DAO Governance: A Unique Approach to Empowering the Muslim Community

r/CryptoCurrencySee Post

Build more on Ethereum with Secret's programmable privacy—from threshold wallets to private DAO voting and front-running resistant AMMs!

r/CryptoMoonShotsSee Post

5 Dino Altcoins To Earn Up To 18% Staking Rewards

r/CryptoMarketsSee Post

DAOs as a way to earn extra money

r/CryptoMoonShotsSee Post

Introducing Hatercoin ($HATER): A Memecoin Celebrating Online Frustration

r/CryptoCurrencySee Post

Top 5 Upcoming Crypto Airdrops 💰

r/SatoshiStreetBetsSee Post

Exploring Promising Projects in the Arbitrum Ecosystem 🚀

r/CryptoMoonShotsSee Post

666 Coin, Fair Launch 10/23 - 13 UTC | Pre-sale filled with 172 BNB | Huge marketing| Trends , Fast listings , Kols

r/CryptoMarketsSee Post

The POKT DAO has opened its most important vote to date to expand support for any open-source service, in addition to existing RPC access. The implementation is complete and ready for release on the mainnet.

r/CryptoCurrencySee Post

DAO - eSports - DotA nouns Team places in the TI Winner Bracket

r/CryptoCurrencySee Post

I have found the first decentralized crypto crowdfunding platform named dopot.fi, what you think?

r/CryptoCurrencySee Post

Proposal for Moons

r/CryptoCurrencySee Post

DeSci-focused DAO community funds cancer research

r/CryptoCurrencySee Post

Lido Finance drops Solana staking after DAO decision

r/CryptoCurrencySee Post

eSports - DotA nouns Team places in the TI Winner Bracket

r/CryptoCurrencySee Post

Helping the above average John guy understand the Defi space : Decentralized yield aggregators, Yearn Finance, Alpha Finance, Badger DAO, Harvest Finance, How we can compare those, risks and 2 notable mentions

r/BitcoinSee Post

Join a DAO that gives you The power

r/CryptoCurrencySee Post

Is "Joseon" the next crypto safe haven?

r/CryptoCurrencySee Post

ApeCoin DAO to Launch ApeChain: A Dedicated zk-L2 Chain Powered by Polygon CDK

r/CryptoMoonShotsSee Post

Tokens that are way beyond hype!

r/CryptoCurrencySee Post

LSD - Lido Tokens

r/CryptoCurrencySee Post

New Stablecoin Ethena - Potential Risks

r/CryptoCurrencySee Post

Pfizer-backed DAO launches community-funded biotech firm

r/CryptoMoonShotsSee Post

PawChain is about the change DeFi Crypto for everyone.

r/CryptoMoonShotsSee Post

PawChain is set to take off with incredible plans to change how people use crypto!

r/CryptoMoonShotsSee Post

PawChain is set to take off with incredible plans to change how people use crypto!

r/CryptoCurrencySee Post

Helping the above average John guy understand the Defi space : Decentralized Prediction Markets, How do they work, Augur, Omen, risks + a notable mention

r/SatoshiStreetBetsSee Post

Pocket Network has made significant progress toward decentralizing demand by launching an open-source gateway, funded by the POKT DAO, for its RPC protocol.

r/CryptoCurrencySee Post

Radical Idea: Implementing DAO Governance in the Judiciary System across the world.

r/CryptoMarketsSee Post

Pocket Network has made significant progress toward decentralizing demand by launching an open-source gateway, funded by the POKT DAO, for its RPC protocol.

r/CryptoCurrencySee Post

As Lido Breaches 33% of All ETH Staked, the Drama Perfectly Highlights the Dichotomy that Crypto Needs to Face: Business vs Decentralization Ethos

r/CryptoCurrencySee Post

Hong Kong’s $182M JPEX Scandal: Exchange Rebrands to a DAO, User Funds Locked for Two Years

r/CryptoCurrencySee Post

DAI Is The Most Stable And Proven Decentralized Stablecoin But How it Keeps Its Correlation And How It Works?

r/CryptoCurrencySee Post

UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank

Mentions

Maker DAO holds $1.4B in US treasury bonds that back sDAI. Ondo also backs USDY with US treasury bonds. Binance just got the OK to use customer funds to purchase US treasury bonds. There are already billions of dollars in RWAs on chain. Also… the DTCC just completed a pilot with Chainlink to tokenize assets for 10 banks (American Century Investments, BNY Mellon, Edward Jones, Franklin Templeton, Invesco, JPMorgan, MFS Investment Management, Mid Atlantic Trust, State Street and U.S. Bank) on Ethereum. Not only are RWAs happening now but they’re happening way faster than expected.

Mentions:#DAO#USDY#OK

Ive been watching this project since the start and have never seen a harder working dev. the launchpad is active and successful and the funds made from each launch are used to market/develop wenwifhat and also reward the DAO holders. In time i truly believe this will be one of the top projects in the defi space. check it out and join the family

Mentions:#DAO

The DAO entered the chat

Mentions:#DAO

Listen - if/when this becomes a thing and you’re a DAO member visiting, then only 2 things matter: 1. Being respectful to yourself & others 2. Holding the DAO’s NFT It’s a life-changing experience when you’re in a space where people truly accept you as you, regardless of what you look like

Mentions:#DAO#NFT

So it’s not a sexual resort right now, but I guess if it was run by a DAO, they could change the rules. Dang that would be an interesting vote on snapshot lol

Mentions:#DAO

Make it a DAO and easily cut the membership price in half with a larger community supporting it

Mentions:#DAO

We can't do this until the Marshall Island DAO is completed. Might be several months. Also, Moons could just become fractional at a certain point.

Mentions:#DAO

It’s nothing new. Maker DAO (for example) does the same thing. When you stake DAI what’s really happening is that they’re swapping your DAI for US treasury bonds and giving you sDAI (which earns ~5% interest from the bonds). The largest RWA protocol right now is ONDO and they similarly buy US treasury bonds to back USDY. This is just Binance hopping on the RWA train.

# ## Appendix **Website details** for: * [Main website](https://aviator.ac/) * [Road map](https://aviator.ac/Roadmap) * [Flight paper (white paper)](https://aviator.ac/Flightpaper) * [Public beta for SkyBridge on Sepolia testnet](https://skybridge-beta.aviator.ac/) **Social media** links: * [Twitter / X](https://x.com/aviator_ac) * [Telegram](https://t.me/aviator_ac) * [Discord](https://discord.gg/aviator-ac) * [Reddit](https://www.reddit.com/r/DecentralizedAviators/) **Transaction details** for: * [Token creation on 13 July 2023.](https://etherscan.io/tx/0x5f17e9de6945222aa7bc7fc7c9dd97232d1c845b8d847da9c1997024ea586e2d) * [Uniswap pairing on 13 July 2023.](https://etherscan.io/tx/0xc7a80927f7bdb4e4019e87c36fcc58586de432452376bbd98ffbb0dd42a87d7a) * [Shiba Inu x Stixil transaction](https://etherscan.io/tx/0xfb5830b8bbaf51643b64017d840e2cad68c3f40d066b85827c7721ee97610135) **DAO** on Snapshot.org: * [All proposals](https://snapshot.org/#/aviator-dao.eth/) * [DAO Proposal on Coinbase Smart Wallet](https://snapshot.org/#/aviator-dao.eth/proposal/0x674df57919281b7a02990d404836211d34949d3569270324282d422eb035e103) **KYC Details** from SolidProof: [Link](https://aviator.ac/static/media/KYC_Certificate_Aviator.005b5ea25d9075741c13.png) **Bug bounty details** for the ongoing SkyBridge smart contracts audits: [Link](https://hackenproof.com/programs/aviator-smart-contracts) **Audit results** from Hacken: [Link](https://hacken.io/audits/aviator---skybridge/) [](https://hacken.io/audits/aviator---skybridge/)

Mentions:#DAO

Fluence DAO FLT could be an interesting play, given their recent campaign endeavors too

Mentions:#DAO#FLT

I hope the avatar communities can figure out a way to keep them going in case Reddit discontinues them. With CC tokens like Moons, they've been able to work without needing Reddit. There's even a DAO and potential for working outside of Reddit. It might be a little more tricky to get avatars working independently from Reddit,

Mentions:#CC#DAO

It has never been easier to set up a mutual fund and invest in real estate worldwide, all thanks to crypto. You can put together a DAO and start raising funds and investing in a few hours now.

Mentions:#DAO

True, and The DAO was crazy popular. That was also the reason a huge amount of ETH was in the contract, from maybe 90%+ of ETH holders, and this was also why the hack was considered to be a threat to the future PoS chain. Anyway, both hacks happened long ago, and are not expected to happen ever again.

Mentions:#DAO#ETH

Read up on the 2016 DAO.

Mentions:#DAO

Difference is it wasn’t nowhere as popular or valued back then compared to the DAO hack

Mentions:#DAO

Came here to push back on ETH too. The code is the contract! So their initial use case said. Integrity is key! Trust us! Not so much when the people in charge lost money through the DAO then destroyed that integrity to get their money back. They are special and will rollback the consequences of smart contracts they didn’t get right. You are not special. If the creators of ETH can’t get it right then how do you think your ETH is safe from unintended consequences in the Smart contract code.

Mentions:#ETH#DAO

What? Ethereum was ETC, once they rolled it back after DAO hack they made it ETH.

Mentions:#ETC#DAO#ETH

Zypto - Starting in like 4 weeks? 😁 - App fully ready for upscaling and whale eyes - huge Partnerships live - real BIG Marketing hammering - volume Explosion - parabolic rewards increase - community-company contract to secure rewards for holders - "DAO" active -> listings/cmc 🤩🔥

Mentions:#BIG#DAO

>Did you think p2p was going to run in browser on a website? Shapeshift DAO runs in a browser

Mentions:#DAO

Not a pseudo nation state but a DAO chicken farm in sunny Colorado may be possible

Mentions:#DAO

I am just now this past week running 15 nodes ok and earning nanos convertible to the new as yet to be named WEB3 Internet 2 Autonomi Network token in October , in the beta wave 2, They have about 30,000 nodes in operation on which they are debugging the logs generated... There will be more and larger beta waves where you earn tokens for running nodes on pretty well anything that generate logs to help the team debug before launch Buxton has them working like a professional software and marketing outfit... I have been following these guys since 2015, Maidsafe took some wrong turns for sure, one into the dPoS consensus wasteland, it turns out peer 2 peer wallets with digital bearer certificates (digital cash) make it all work right, your keys, your data, pay once to upload with nanos you earned from running a node, the files are triple encrypted and tripple distributed there as long as the network lasts. Autonomi Network DAO has a client+wallet with secure peer2peer comms as well to support super secure WEB3 meshes, its an XOR Addressed Contents Addressable Network with a kademlia variant which uses GOSSIP No reason why you can't run your crypto project on it, once they boot their Autonomi Name Service, completely securely away from prying eyes...

Mentions:#WEB#DAO#XOR

>I'm talking about a situation the majority clients had over 67% of the stake, they would get completely slashed upon reverting to a previous epoch. Hence why they cannot participate in the valid chain anymore and become inactive, hence why they would eventually lose enough ETH from inactivity that the valid chain can finalize again, at which point they could re-enter. >The likely solution would be a Layer 0 community-lead, DAO-style bailout that requires a chain split + nullifying every valid transaction since the chain split. >Once miners noticed the error, they would just 51% attack their own chain to fix it. I like how in one case it's "a chain split + nullifying every valid transaction" and in the other case it's "just 51% attack" as if the result wasn't the same. That said, I doubt your solution is what Ethereum would go for. More likely they would create a hard fork that would allow the finalized chain to be ignored and for the supermajority clients to re-enter, just this once. They would still lose some ETH and no transactions in the valid chain would be lost.

Mentions:#ETH#DAO

(For clarification, by "majority clients", I mean 2+ clients compromising of a staking majority. They would have to have the same bug, which is exceptionally rare, but not impossible since people tend to make the same mistakes.) > then the chain could not finalize until the supermajority clients lose their ETH from inactivity Draining only happens if they had **33-67%** of the stake. The chain wouldn't finalize, and inactivity leak would occur. I'm talking about a situation the majority clients had **over 67%** of the stake, they would get completely slashed upon reverting to a previous epoch. The likely solution would be a Layer 0 community-lead, DAO-style bailout that requires a chain split + nullifying every valid transaction since the chain split. It would be super messy. Ethereum could not fix it within the 6 minutes that's allowed for an Epoch. It would take node client developers to patch a fix, and days for the community to agree due to Ethereum having off-chain governance. At least with the DAO-style bailout, they only needed to wait until 51% of miners were onboard before picking that solution. With off-chain governance, they need an overwhelming majority of the community to agree. PoW's advantage is that only on-chain consensus is needed, not an outside fix. Once miners noticed the error, they would just 51% attack their own chain to fix it. And it only requires the top 2-3 mining pools to do it. It's much easier because Bitcoin is effectively centralized around large mining pools. Now if the top 2 mining pools disagreed on the fix, then it would be messy and take much longer for a sufficient number of individual miners to move off those pools, which could take days.

Mentions:#ETH#DAO

You might want to rewatch the MIT coursework. Specifically sessions 19 and 20: Primary Markets, ICOs and Venture Capital.  He states more than once in those lectures that he believes a number of cryptos are potentially securities. Especially ones that did ICOs or that operate with a DAO.  He’s been nothing but transparent about that for years before becoming SEC chair. He also states in that lecture series that the only one he believes isn’t a security, outright, is BTC. He’s also made videos while at the SEC where he says the same. 

Mentions:#DAO#SEC#BTC

The DAO was hacked. Which makes the rollback even more egregious.

Mentions:#DAO

How do you feel about community run projects? Undoxxed DAO members building an ecosystem?

Mentions:#DAO

I wonder if they get any ROI. Its astounding how little DD people will do into a project. Mind you I bought Cult DAO and forgot about it as I was drunk....so I'm not shining light.

Mentions:#DD#DAO

#TRON Pro-Arguments Below is a TRON pro-argument written by a deleted user. > ##**PROs** > > **Disclaimer**: There is little reliable information about Tron that isn't from Tron DAO or Justin Sun interviews. The official [Tron DAO Medium](https://trondao.medium.com/) site doesn't provide links to sources in the blog, making it harder to fact check and analyze. Many of its sources are from Weibo posts that are inaccessible beyond the Great Firewall of China. Tron's documentation and community posts provide way less information than that of other major blockchain projects. Nevertheless, I'm make do with what I can get. > > ####**Performance and Consensus** > > **High throughput and fast finality** > > Blocks are produced every 3s with a max size of 2M bytes. Consensus is completed using DPoS with a fault tolerance of 70% (9/27) Super Respresentatives that act as validators. There are over 350 SR/validator candidates who vote on the 27 SRs each 6 hours. > > - **High Throughtput**: **Tron can reach a max throughput of 2600 TPS with full 2M blocks** and its current balance of actual transactions, which is really high for an EVM-compatible blockchain. > - My calculations used [Tronscan data](https://tronscan.org/#/blockchain/blocks): Basic TRX and token transfers use 250-500 Bandwidth. The current average bandwidth for each transaction is currently 298, which is not that much higher than the lower end for basic transactions. > - Each bandwidth is 0.850 bytes, so you can fit 7800 average transactions in a single 3s block. Tron officially claims that it can reach 2000 TPS, so they're giving a conservative estimate. > - Even filled with 350-550 bandwidth swaps for [SunswapV2Router02](https://tronscan.org/#/contract/TKzxdSv2FZKQrEqkKVgp5DcwEXBEKMg2Ax/transactions), that's 1400 TPS on the lower end. That's way faster swaps than [everything other than Algorand](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581). > - The tradeoff is that consensus is highly centralized (only 27 validators), and that the validators have very high requirements like having 32 CPU cores and 64GB of memory. > - In comparison, Ethereum's Layer 1 in comparison, can only do ~15 TPS average (59 TPS for basic transfers, 7 TPS for Uniswap v3 swaps). > - **Fast Finality in 3s**: All 27 SRs are currently playing friendly with each other, so for all practical purposes, finality is in 3 seconds. (Deterministic finality occurs every 27 blocks, or 81 seconds). > > **Network Energy usage** > > Tron's estimated annual energy usage for 2022 is estimated to be 1.7 kWh, or the **energy usage of [15 average US households](https://decrypt.co/108115/tron-network-energy-use-matches-that-of-15-us-households-ccri-report)**. This puts it slightly lower than the consumption of Avalanche, Algorand, Cardano, and Solana's networks. Its carbon footprint is also 4x lower than the others. And it uses 100000x less energy than Bitcoin. > > ####**Ease of Basic Utility** > > **Transaction fees are covered for FREE by freezing TRX** > > Tron has a unique design for transaction fees instead of using gas. Transactions fees are divided into bandwidth (pays for data bytes) and energy (pays for computations). All transactions require bandwidth while only contracts need energy. > > The benefit is that you get **FREE bandwidth and energy by freezing TRX**, a process similar to staking. You currently receive about 28 energy and 1 bandwidth daily [per frozen TRX](https://tronstation.io/calculator). Basic smart contracts use 350 Bandwidth (requires freezing 330 TRX) and 14.7K energy (requires staking 520 TRX). At current TRX prices, **if you freeze $2500 worth of TRX, you could perform 100 free basic transactions daily**. In addition, each account receives [1.5 kb of bandwidth daily](https://developers.tron.network/docs/resource-model) (originally 5 kb) for free even without freezing TRX, which is good for ~5 transactions. Though I suspect users can abuse this by creating new accounts. > > Any transaction fees in excess of the free energy and bandwidth are burned. This is why TRX is **currently deflationary by ~0.3% annually** (excluding burns for the USDD minting process). > > **Settlement layer for Tether** > > According to Blockchain's [Sep 2022 interview with Justin Sun](https://podcasts.apple.com/us/podcast/exploring-tron-with-justin-sun-and-blockchain-com/id1536699961), **the original purpose of Tron was to act as a stablecoin settlement network and reserve network for Tether** (USDT). Sure enough, the bulk of DeFi on Tron's network deal with stablecoins. As of Sep 2022, [45% of Tether is now held on Tron](https://defillama.com/stablecoin/tether). And with Ethereum transaction fees being so high, Tron has become an attractive platform for USDT dApps. > > ####**DeFi Usages** > > **Smart Contracts** > > Tron's VM (TVM) is EVM-compatible and uses Solidity for the smart contract language. It is also Turing-complete. Thus, it's simple to rewrite EVM contracts for TVM. > > - **Tron's [DeFi TVL is massive at $5.4B](https://defillama.com/chains), putting at 3rd place after Binance Smart Chain**. > - Though it is a bit suspicious though that 99% of Tron's DeFi TVL are on 3 projects that are literally named after Justin Sun, though that could just be because it's very new. In comparison, Ethereum's DeFi is spread over hundreds of dApps. > - Tron SUN's [Liquidity Pool](https://sun.io/#/home) provides very high interest for USDD-USDT pairs at 5-70% APY. Back in June-July, you could gain triple-digit APY on Tron DeFi with stablecoins while the governance rewards boosts were still active. > > ####**Sustainable Tokenomics for TRX** > > - TRX's tokenomics have a steady, permanent issuance for validators, so it's **sustainable**. All transaction fees are burned. This isn't too different than Ethereum's tokenomics model (other than that Ethereum only burns part of the fee). > - TRX has a total circulating supply of about 92B, which is noticeably lower than their highest supply of 102B before the TRX-to-USDD minting protocol. TRX suddenly became [deflationary on Oct 27, 2021](https://tronscan.org/#/data/stats2/circulation). Supply has fallen about 10% since then due to token burns, making **TRX one of the most deflationary cryptocurrency in the top 30**. > - If we ignore the token burns from USDD minting, each day, ~5M TRX is minted, ~6M is burned (from transaction fees). **This gives net issuance of 1M TRX burned daily, or 0.3% annual deflation.** > > **Good TRX price action during the bear market** > > Tron's native token, TRX, is currently #15 in marketcap as of Sept 2022 with a [marketcap of $6B](https://www.coingecko.com/en/coins/tron). Its value has held up surprisingly well during the bear market, barely falling 50% while the rest of cryptocurrencies fell closer to 70-90%. **TRX is up 2x vs Bitcoin over the past year** during the bear market, pumping especially hard right around the launch of USDD and introduction of major staking and governance boost projects. > > ####**USDD, a hybrid stablecoin without UST's flaws?** > > **USDD is a hybrid collateralized/algorithmic (seigniorage) stablecoin** launched in May 2022 on Tron's network. It is one of the biggest focuses on the Tron roadmap. It was originally designed as a purely-algorithmic stablecoin based on Terra's now-failed Luna and UST stablecoin. After the collapse of Luna UST, the Tron DAO Reserve (TDR) made several changes to USDD to avoid a similar failure: > > **Differences between UST and USDD** > > 1. The biggest difference is that USDD is 300% collateralized with 11B TRX, 14K BTC, 100M USDT, and 1M USDC [Source](https://usdd.io/). **This makes USDD one of the most collateralized stablecoins.** In comparison, DAI is only 120% collateralized, and USDT and USDC are only 100% collateralized. > 1. TDR controls how much USDD can be minted or redeemed, so it's not purely algorithmic. Thus, TDR has full power to stop it from crashing. > 1. USDD will be released in multiple phases. The current phase only allows for a minting of 2B USDD. This is to limit USDD from growing astronomically quickly like with UST. [[Source](https://trondao.medium.com/improving-usdd-from-lessons-learned-e2600d7f94ad)] > 1. You're probably wondering what's the catch. There is a Peg Stability Module (PSM) that allows minting of USDD by burning TRX. You can current burn TRX for minting USDD, but **you cannot redeem USDD for TRX** [[source](https://twitter.com/TheImmutable/status/1536930692344401921)]. There is no liquidity on any of the [PSM smart contracts](https://docs.usdd.io/psm/the-psm#psm-contracts) to trade USDD for anything else. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

#TRON Pro-Arguments Below is a TRON pro-argument written by a deleted user. > ##**PROs** > > **Disclaimer**: There is little reliable information about Tron that isn't from Tron DAO or Justin Sun interviews. The official [Tron DAO Medium](https://trondao.medium.com/) site doesn't provide links to sources in the blog, making it harder to fact check and analyze. Many of its sources are from Weibo posts that are inaccessible beyond the Great Firewall of China. Tron's documentation and community posts provide way less information than that of other major blockchain projects. Nevertheless, I'm make do with what I can get. > > ####**Performance and Consensus** > > **High throughput and fast finality** > > Blocks are produced every 3s with a max size of 2M bytes. Consensus is completed using DPoS with a fault tolerance of 70% (9/27) Super Respresentatives that act as validators. There are over 350 SR/validator candidates who vote on the 27 SRs each 6 hours. > > - **High Throughtput**: **Tron can reach a max throughput of 2600 TPS with full 2M blocks** and its current balance of actual transactions, which is really high for an EVM-compatible blockchain. > - My calculations used [Tronscan data](https://tronscan.org/#/blockchain/blocks): Basic TRX and token transfers use 250-500 Bandwidth. The current average bandwidth for each transaction is currently 298, which is not that much higher than the lower end for basic transactions. > - Each bandwidth is 0.850 bytes, so you can fit 7800 average transactions in a single 3s block. Tron officially claims that it can reach 2000 TPS, so they're giving a conservative estimate. > - Even filled with 350-550 bandwidth swaps for [SunswapV2Router02](https://tronscan.org/#/contract/TKzxdSv2FZKQrEqkKVgp5DcwEXBEKMg2Ax/transactions), that's 1400 TPS on the lower end. That's way faster swaps than [everything other than Algorand](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581). > - The tradeoff is that consensus is highly centralized (only 27 validators), and that the validators have very high requirements like having 32 CPU cores and 64GB of memory. > - In comparison, Ethereum's Layer 1 in comparison, can only do ~15 TPS average (59 TPS for basic transfers, 7 TPS for Uniswap v3 swaps). > - **Fast Finality in 3s**: All 27 SRs are currently playing friendly with each other, so for all practical purposes, finality is in 3 seconds. (Deterministic finality occurs every 27 blocks, or 81 seconds). > > **Network Energy usage** > > Tron's estimated annual energy usage for 2022 is estimated to be 1.7 kWh, or the **energy usage of [15 average US households](https://decrypt.co/108115/tron-network-energy-use-matches-that-of-15-us-households-ccri-report)**. This puts it slightly lower than the consumption of Avalanche, Algorand, Cardano, and Solana's networks. Its carbon footprint is also 4x lower than the others. And it uses 100000x less energy than Bitcoin. > > ####**Ease of Basic Utility** > > **Transaction fees are covered for FREE by freezing TRX** > > Tron has a unique design for transaction fees instead of using gas. Transactions fees are divided into bandwidth (pays for data bytes) and energy (pays for computations). All transactions require bandwidth while only contracts need energy. > > The benefit is that you get **FREE bandwidth and energy by freezing TRX**, a process similar to staking. You currently receive about 28 energy and 1 bandwidth daily [per frozen TRX](https://tronstation.io/calculator). Basic smart contracts use 350 Bandwidth (requires freezing 330 TRX) and 14.7K energy (requires staking 520 TRX). At current TRX prices, **if you freeze $2500 worth of TRX, you could perform 100 free basic transactions daily**. In addition, each account receives [1.5 kb of bandwidth daily](https://developers.tron.network/docs/resource-model) (originally 5 kb) for free even without freezing TRX, which is good for ~5 transactions. Though I suspect users can abuse this by creating new accounts. > > Any transaction fees in excess of the free energy and bandwidth are burned. This is why TRX is **currently deflationary by ~0.3% annually** (excluding burns for the USDD minting process). > > **Settlement layer for Tether** > > According to Blockchain's [Sep 2022 interview with Justin Sun](https://podcasts.apple.com/us/podcast/exploring-tron-with-justin-sun-and-blockchain-com/id1536699961), **the original purpose of Tron was to act as a stablecoin settlement network and reserve network for Tether** (USDT). Sure enough, the bulk of DeFi on Tron's network deal with stablecoins. As of Sep 2022, [45% of Tether is now held on Tron](https://defillama.com/stablecoin/tether). And with Ethereum transaction fees being so high, Tron has become an attractive platform for USDT dApps. > > ####**DeFi Usages** > > **Smart Contracts** > > Tron's VM (TVM) is EVM-compatible and uses Solidity for the smart contract language. It is also Turing-complete. Thus, it's simple to rewrite EVM contracts for TVM. > > - **Tron's [DeFi TVL is massive at $5.4B](https://defillama.com/chains), putting at 3rd place after Binance Smart Chain**. > - Though it is a bit suspicious though that 99% of Tron's DeFi TVL are on 3 projects that are literally named after Justin Sun, though that could just be because it's very new. In comparison, Ethereum's DeFi is spread over hundreds of dApps. > - Tron SUN's [Liquidity Pool](https://sun.io/#/home) provides very high interest for USDD-USDT pairs at 5-70% APY. Back in June-July, you could gain triple-digit APY on Tron DeFi with stablecoins while the governance rewards boosts were still active. > > ####**Sustainable Tokenomics for TRX** > > - TRX's tokenomics have a steady, permanent issuance for validators, so it's **sustainable**. All transaction fees are burned. This isn't too different than Ethereum's tokenomics model (other than that Ethereum only burns part of the fee). > - TRX has a total circulating supply of about 92B, which is noticeably lower than their highest supply of 102B before the TRX-to-USDD minting protocol. TRX suddenly became [deflationary on Oct 27, 2021](https://tronscan.org/#/data/stats2/circulation). Supply has fallen about 10% since then due to token burns, making **TRX one of the most deflationary cryptocurrency in the top 30**. > - If we ignore the token burns from USDD minting, each day, ~5M TRX is minted, ~6M is burned (from transaction fees). **This gives net issuance of 1M TRX burned daily, or 0.3% annual deflation.** > > **Good TRX price action during the bear market** > > Tron's native token, TRX, is currently #15 in marketcap as of Sept 2022 with a [marketcap of $6B](https://www.coingecko.com/en/coins/tron). Its value has held up surprisingly well during the bear market, barely falling 50% while the rest of cryptocurrencies fell closer to 70-90%. **TRX is up 2x vs Bitcoin over the past year** during the bear market, pumping especially hard right around the launch of USDD and introduction of major staking and governance boost projects. > > ####**USDD, a hybrid stablecoin without UST's flaws?** > > **USDD is a hybrid collateralized/algorithmic (seigniorage) stablecoin** launched in May 2022 on Tron's network. It is one of the biggest focuses on the Tron roadmap. It was originally designed as a purely-algorithmic stablecoin based on Terra's now-failed Luna and UST stablecoin. After the collapse of Luna UST, the Tron DAO Reserve (TDR) made several changes to USDD to avoid a similar failure: > > **Differences between UST and USDD** > > 1. The biggest difference is that USDD is 300% collateralized with 11B TRX, 14K BTC, 100M USDT, and 1M USDC [Source](https://usdd.io/). **This makes USDD one of the most collateralized stablecoins.** In comparison, DAI is only 120% collateralized, and USDT and USDC are only 100% collateralized. > 1. TDR controls how much USDD can be minted or redeemed, so it's not purely algorithmic. Thus, TDR has full power to stop it from crashing. > 1. USDD will be released in multiple phases. The current phase only allows for a minting of 2B USDD. This is to limit USDD from growing astronomically quickly like with UST. [[Source](https://trondao.medium.com/improving-usdd-from-lessons-learned-e2600d7f94ad)] > 1. You're probably wondering what's the catch. There is a Peg Stability Module (PSM) that allows minting of USDD by burning TRX. You can current burn TRX for minting USDD, but **you cannot redeem USDD for TRX** [[source](https://twitter.com/TheImmutable/status/1536930692344401921)]. There is no liquidity on any of the [PSM smart contracts](https://docs.usdd.io/psm/the-psm#psm-contracts) to trade USDD for anything else. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

Starting in like 4 weeks? 😁 - App fully ready for upscaling and whale eyes - huge Partnerships live - real BIG Marketing hammering - volume Explosion - parabolic rewards increase - community-company contract to secure rewards for holders - "DAO" active -> listings/cmc 🤩🔥

Mentions:#BIG#DAO

tldr; A threat actor compromised Ethereum's mailing list provider, sending a phishing email to over 35,000 addresses, directing them to a malicious site with a crypto drainer. The attack, disclosed by Ethereum, occurred on June 23 but had no material impact on users. The phishing email promised a 6.8% APY on staked Ethereum through a fake collaboration with Lido DAO. Ethereum's security team acted swiftly, blocking the attacker and warning the community. On-chain analysis showed no recipients fell for the scam. Ethereum is taking steps to prevent future incidents by changing email service providers. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#DAO#DYOR

Total JUP already known, rewards were set aside during initial airdrop and part of DAO

Mentions:#JUP#DAO

Haha, yea it's not completely intuitive, but then I don't think there is a perfect system anywhere. If you get involved in the DAO side of crypto then you'll quickly realize that governance is a very complicated problem to try to solve!

Mentions:#DAO

Yeah, they have a ton of third-party risk. The good thing is that Lido and Maker DAO are very reputable projects in the space so an exploit isn't very likely to happen but you never know…

Mentions:#DAO

I understand your point, but the fact that things work that way is precisely what makes the system function. Games will hardly collapse because these economies are self-sustaining Obviously, everything will depend on each game and its success, but let's not pretend that a game, just because it is part of SuperVerse, will have the same capabilities as another game that is part of the same DAO. Obviously, there will be more profitable games than others, but that feedback is what allows all economies to converge at a single point, and that is key to the solidity of all economies together

Mentions:#DAO

As governance is decentralized , the treasury is controlled by dot holders, its the biggest DAO of this scale . Some spends have been good, others bad. Opengov has only been live for a year . If other foundations were public like this, im sure there would be alot more controversial / worse spending practices revealed. I voted against influencer based proposals personally , I think more holders will become active in voting and such spends will be harder to get through now. Doesn't change anything for me in regards to the tech.

Mentions:#DAO

Internet Computer is entirely ran as a DAO - no code changes can be pushed unless a vote is passed, and it is then implemented by the protocol. Actually autonomous.

Mentions:#DAO

Yeah, agree with that tbh. The twitter drama is kinda funny given it's basically a reheat of 6-month old drama that's already played out what feels like ~'years ago' now, and with a lot of jumping to low-context conclusions in the mix. When it's put against total treasury scale and over time-series, and in light of Polkadot going through a voyage of decentralised governance discovery, it doesn't seem that out-of-whack to me. Which isn't to say that there hasn't been some super dumb community decision making along the way. Probably why bounties are starting to take the lead so there is some expertise-related decision making, and a negotiation stage incorporated. [Inb4 something something polkadot something because idgaf, and am pretty strongly non crypto tribalist. I'm interested in a bunch of different ecosystems. Personally, tbh, it's been pretty interesting to watch the Polkadot 'worlds biggest DAO' take shape]

Mentions:#DAO

Cardano is on the precipice of becoming a full DAO. Tezos has onchain governing mechanisms. Eth Sol Btc not even close.

Mentions:#DAO

There isnt some foundation , or team in control. research opengov , its decentralized governance by token holders, yes some questionable choices have been made for funding, i personally voted against marketing proposals . Being a DAO means everything is public, not some team or foundation controlling the funds privately, if it was public which each foundation or team spent on marketing, i bet its alot more than 5m$ over 6 months

Mentions:#DAO

#TRON Pro-Arguments Below is a TRON pro-argument written by a deleted user. > ##**PROs** > > **Disclaimer**: There is little reliable information about Tron that isn't from Tron DAO or Justin Sun interviews. The official [Tron DAO Medium](https://trondao.medium.com/) site doesn't provide links to sources in the blog, making it harder to fact check and analyze. Many of its sources are from Weibo posts that are inaccessible beyond the Great Firewall of China. Tron's documentation and community posts provide way less information than that of other major blockchain projects. Nevertheless, I'm make do with what I can get. > > ####**Performance and Consensus** > > **High throughput and fast finality** > > Blocks are produced every 3s with a max size of 2M bytes. Consensus is completed using DPoS with a fault tolerance of 70% (9/27) Super Respresentatives that act as validators. There are over 350 SR/validator candidates who vote on the 27 SRs each 6 hours. > > - **High Throughtput**: **Tron can reach a max throughput of 2600 TPS with full 2M blocks** and its current balance of actual transactions, which is really high for an EVM-compatible blockchain. > - My calculations used [Tronscan data](https://tronscan.org/#/blockchain/blocks): Basic TRX and token transfers use 250-500 Bandwidth. The current average bandwidth for each transaction is currently 298, which is not that much higher than the lower end for basic transactions. > - Each bandwidth is 0.850 bytes, so you can fit 7800 average transactions in a single 3s block. Tron officially claims that it can reach 2000 TPS, so they're giving a conservative estimate. > - Even filled with 350-550 bandwidth swaps for [SunswapV2Router02](https://tronscan.org/#/contract/TKzxdSv2FZKQrEqkKVgp5DcwEXBEKMg2Ax/transactions), that's 1400 TPS on the lower end. That's way faster swaps than [everything other than Algorand](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581). > - The tradeoff is that consensus is highly centralized (only 27 validators), and that the validators have very high requirements like having 32 CPU cores and 64GB of memory. > - In comparison, Ethereum's Layer 1 in comparison, can only do ~15 TPS average (59 TPS for basic transfers, 7 TPS for Uniswap v3 swaps). > - **Fast Finality in 3s**: All 27 SRs are currently playing friendly with each other, so for all practical purposes, finality is in 3 seconds. (Deterministic finality occurs every 27 blocks, or 81 seconds). > > **Network Energy usage** > > Tron's estimated annual energy usage for 2022 is estimated to be 1.7 kWh, or the **energy usage of [15 average US households](https://decrypt.co/108115/tron-network-energy-use-matches-that-of-15-us-households-ccri-report)**. This puts it slightly lower than the consumption of Avalanche, Algorand, Cardano, and Solana's networks. Its carbon footprint is also 4x lower than the others. And it uses 100000x less energy than Bitcoin. > > ####**Ease of Basic Utility** > > **Transaction fees are covered for FREE by freezing TRX** > > Tron has a unique design for transaction fees instead of using gas. Transactions fees are divided into bandwidth (pays for data bytes) and energy (pays for computations). All transactions require bandwidth while only contracts need energy. > > The benefit is that you get **FREE bandwidth and energy by freezing TRX**, a process similar to staking. You currently receive about 28 energy and 1 bandwidth daily [per frozen TRX](https://tronstation.io/calculator). Basic smart contracts use 350 Bandwidth (requires freezing 330 TRX) and 14.7K energy (requires staking 520 TRX). At current TRX prices, **if you freeze $2500 worth of TRX, you could perform 100 free basic transactions daily**. In addition, each account receives [1.5 kb of bandwidth daily](https://developers.tron.network/docs/resource-model) (originally 5 kb) for free even without freezing TRX, which is good for ~5 transactions. Though I suspect users can abuse this by creating new accounts. > > Any transaction fees in excess of the free energy and bandwidth are burned. This is why TRX is **currently deflationary by ~0.3% annually** (excluding burns for the USDD minting process). > > **Settlement layer for Tether** > > According to Blockchain's [Sep 2022 interview with Justin Sun](https://podcasts.apple.com/us/podcast/exploring-tron-with-justin-sun-and-blockchain-com/id1536699961), **the original purpose of Tron was to act as a stablecoin settlement network and reserve network for Tether** (USDT). Sure enough, the bulk of DeFi on Tron's network deal with stablecoins. As of Sep 2022, [45% of Tether is now held on Tron](https://defillama.com/stablecoin/tether). And with Ethereum transaction fees being so high, Tron has become an attractive platform for USDT dApps. > > ####**DeFi Usages** > > **Smart Contracts** > > Tron's VM (TVM) is EVM-compatible and uses Solidity for the smart contract language. It is also Turing-complete. Thus, it's simple to rewrite EVM contracts for TVM. > > - **Tron's [DeFi TVL is massive at $5.4B](https://defillama.com/chains), putting at 3rd place after Binance Smart Chain**. > - Though it is a bit suspicious though that 99% of Tron's DeFi TVL are on 3 projects that are literally named after Justin Sun, though that could just be because it's very new. In comparison, Ethereum's DeFi is spread over hundreds of dApps. > - Tron SUN's [Liquidity Pool](https://sun.io/#/home) provides very high interest for USDD-USDT pairs at 5-70% APY. Back in June-July, you could gain triple-digit APY on Tron DeFi with stablecoins while the governance rewards boosts were still active. > > ####**Sustainable Tokenomics for TRX** > > - TRX's tokenomics have a steady, permanent issuance for validators, so it's **sustainable**. All transaction fees are burned. This isn't too different than Ethereum's tokenomics model (other than that Ethereum only burns part of the fee). > - TRX has a total circulating supply of about 92B, which is noticeably lower than their highest supply of 102B before the TRX-to-USDD minting protocol. TRX suddenly became [deflationary on Oct 27, 2021](https://tronscan.org/#/data/stats2/circulation). Supply has fallen about 10% since then due to token burns, making **TRX one of the most deflationary cryptocurrency in the top 30**. > - If we ignore the token burns from USDD minting, each day, ~5M TRX is minted, ~6M is burned (from transaction fees). **This gives net issuance of 1M TRX burned daily, or 0.3% annual deflation.** > > **Good TRX price action during the bear market** > > Tron's native token, TRX, is currently #15 in marketcap as of Sept 2022 with a [marketcap of $6B](https://www.coingecko.com/en/coins/tron). Its value has held up surprisingly well during the bear market, barely falling 50% while the rest of cryptocurrencies fell closer to 70-90%. **TRX is up 2x vs Bitcoin over the past year** during the bear market, pumping especially hard right around the launch of USDD and introduction of major staking and governance boost projects. > > ####**USDD, a hybrid stablecoin without UST's flaws?** > > **USDD is a hybrid collateralized/algorithmic (seigniorage) stablecoin** launched in May 2022 on Tron's network. It is one of the biggest focuses on the Tron roadmap. It was originally designed as a purely-algorithmic stablecoin based on Terra's now-failed Luna and UST stablecoin. After the collapse of Luna UST, the Tron DAO Reserve (TDR) made several changes to USDD to avoid a similar failure: > > **Differences between UST and USDD** > > 1. The biggest difference is that USDD is 300% collateralized with 11B TRX, 14K BTC, 100M USDT, and 1M USDC [Source](https://usdd.io/). **This makes USDD one of the most collateralized stablecoins.** In comparison, DAI is only 120% collateralized, and USDT and USDC are only 100% collateralized. > 1. TDR controls how much USDD can be minted or redeemed, so it's not purely algorithmic. Thus, TDR has full power to stop it from crashing. > 1. USDD will be released in multiple phases. The current phase only allows for a minting of 2B USDD. This is to limit USDD from growing astronomically quickly like with UST. [[Source](https://trondao.medium.com/improving-usdd-from-lessons-learned-e2600d7f94ad)] > 1. You're probably wondering what's the catch. There is a Peg Stability Module (PSM) that allows minting of USDD by burning TRX. You can current burn TRX for minting USDD, but **you cannot redeem USDD for TRX** [[source](https://twitter.com/TheImmutable/status/1536930692344401921)]. There is no liquidity on any of the [PSM smart contracts](https://docs.usdd.io/psm/the-psm#psm-contracts) to trade USDD for anything else. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_tron) to find submissions for other topics.

Really confused why MOONs are getting so much hate lately. Moonrise happening, distributions are back, capped circulating supply, burning happening everyday plus DAO.. I’m bullish

Mentions:#DAO

Meanwhile, they can and have changed the history of the mutable ETH blockchain to benefit themselves and reverse the DAO hack.

Mentions:#ETH#DAO

Also, what about the Assange DAO that raised $53 million in 2022? No way lawyers cost him more than that in just 2 years.

Mentions:#DAO

> security Won’t argue there that eth has the best amongst PoS. > credible neutrality Hard disagree here. The eth foundation has been shown in the past to do what’s best for itself. DAO hack front and center. > decentralization My argument here is: what degree of decentralization is required for a PoS L1? No one knows. As for the VC comment. Cmon. Let’s not pretend that ETH pre-mined the fuck out of their token and the ETH foundation continues to sell into rallies. I don’t claim that any PoS chain is neutral. There is only one and that’s Bitcoin.

Mentions:#DAO#VC#ETH

Just for a little perspective, ETH was often considered a shitcoin here prior to about 2019, between DAO and cryptokitties.

Mentions:#ETH#DAO

Honest question: why is eth a long term investment? It gave up its claim as a hard money when switching to proof of stake, as well as what they did after the DAO hack. It has poor TPS and high fees compared to other L1s as well. Now, other development ecosystems such as solana and cosmos are catching up. ETH imo is the most decentralized proof of stake network but does that mean much? Isn’t “decentralized enough” good enough if it’ll never compete with Bitcoin in hard money status? If ETH was released today as a new blockchain it wouldn’t survive.

Mentions:#DAO#ETH

Undervalued, oversold and DAO and distributions coming in Governance token of the biggest online crypto community, hard capped and only $12m mcap before bullrun and not yet listed on binance, coinbase...

Mentions:#DAO

What a shocker, another DAO that was neither decentralized, autonomous, or accomplished its goal. 

Mentions:#DAO

tldr; After Julian Assange's release from Belmarsh prison, AssangeDAO, a decentralized autonomous organization, demands transparency regarding the $56 million raised in Ether for Assange's defense. The funds were managed by the Wau Holland Foundation, which disbursed about $37 million without full disclosure of expenses. AssangeDAO was formed in December 2021 to support Assange, who was incarcerated for over 1,900 days due to an alleged U.S. Espionage Act violation. The DAO's efforts highlight the role of cryptocurrency in supporting real-world causes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#DAO#DYOR

tldr; Mt. Gox is set to distribute $9B in Bitcoin and Bitcoin Cash repayments in July 2024, a significant event for creditors. Bitcoin's price approaches $61K, driven by $150M in liquidations, indicating strong investor confidence. Metaplanet plans to purchase an additional $6M in Bitcoin, reflecting growing institutional interest. Other updates include Ethereum gas prices and Bitcoin miner revenue hitting record lows, the implementation of a fee-free Bitcoin bridge by Cosmos DAO's Osmosis project, the launch of Igloo by Pudgy Penguins and OverpassIP, and the introduction of 'ZK Compression' technology by Light Protocol and Helius Labs to scale Solana applications. Aave DAO supports deploying services on ZKsync to enhance scalability and reduce transaction costs. Upcoming token unlocks include OPT, ALT, and GATE, injecting liquidity into the market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Worse yet, there's no burn option. No DAO, only a closed committee based DAO. Once in a while, they do a buyback ... only to issue more coins later on. Like a few trillions more.

Mentions:#DAO

That's fair. But that's why I suggested (in another comment) that a "we double your tip"-system could work. If the users of the sub get to reward a limited amount of posts and those with the highest reputation get more of their tips doubled by the pool than new users, it could actually affect the quality of the posts. But imho, the most important step right now is to get people to understand the new system. When it was all reddit native, no one had to do anything. Right now, most people seem to be confused with arb-bridge, external wallets, DAO-Proposals and all that. I think restarting distribution before people understand that will lead to another situation like when moons started for the first time, where those who participated in the first few rounds got significantly more than everyone who joined later. I wouldn't be near my 15k moons if I hadn't been early...

Mentions:#DAO

Join us live June 23 at 9AM EDT / 1PM UTC on an x.com space with guests from r/Ethtrader and r/Coneheads to discuss the upcoming CCMOON DAO constitution and return of MOON distributions, Community Currency, and DONUTs updates! https://www.reddit.com/r/CryptoCurrency/s/DaXmVpDDH3

Mentions:#DAO

#DAO Con-Arguments Below is a DAO con-argument written by a deleted user. > DAOs appear to be a game changer, however, they are not without constraints. Here are some disadvantages of a DAO > > > **Security** > > The majority of DAOs center on the notion that everything would be handled by the smart contract code. DAOs undoubtedly provided trustless environments, however they were reliant on the reliability and accuracy of the smart contract code. Now, it's crucial to remember that every piece of code has flaws, and DAOs themselves sometimes use code that has them. As a result, the DAO's code may prove to be a major hindrance to future expansion. > > **Slows down the decision making process** > > It can be difficult to persuade everyone to vote on motions in a timely manner. Due to various time zones and investment demands, keeping DAO participants informed and interested might be difficult. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

#DAO Pro-Arguments Below is a DAO pro-argument written by a deleted user. > DAOs aim to solve the management issues that modern companies are facing, through implementing an autonomous structure. Every stakeholder in a DAO will have the opportunity to be heard through their votes. > > > **Decentralization** > > Stakeholders have more influence over the direction of the company with DAOs. Although voting power can be weighted in a DAO, the power is considerably less than in more conventional organizations where the leadership decides the company's course. > > **Everyone can be heard** > > A DAO's ability for all members to vote on decisions encourages members to be responsible and deliberate. This eliminates hierarchy barriers and produces a flat, just, and equal organization. > > **Transparency** > > DAOs are run on a decentralized blockchain network where transactions and processes are transparent, archived, and the public can view what's going on. The blockchain doesn't lie. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

DAO {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#DAO

#DAO Con-Arguments Below is a DAO con-argument written by crua9. > * DAO generally don't produce > * DAO take a lot of understanding to set it up right. Like if you set it up right, it can run on it's own. But if you don't, then it can die when one person stops producing. > * DAO in many parts aren't legally recognize and the parts they are legally and tax wise there could be problems > * DAO can cost a bit of money to get going. > * The average person has no idea about what a DAO is or how to get involved. > * Many DAO it is impossible or extremely hard for a newer person to get involved. This making it more like a company. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

#DAO Pro-Arguments Below is a DAO pro-argument written by a deleted user. > DAOs aim to solve the management issues that modern companies are facing, through implementing an autonomous structure. Every stakeholder in a DAO will have the opportunity to be heard through their votes. > > > **Decentralization** > > Stakeholders have more influence over the direction of the company with DAOs. Although voting power can be weighted in a DAO, the power is considerably less than in more conventional organizations where the leadership decides the company's course. > > **Everyone can be heard** > > A DAO's ability for all members to vote on decisions encourages members to be responsible and deliberate. This eliminates hierarchy barriers and produces a flat, just, and equal organization. > > **Transparency** > > DAOs are run on a decentralized blockchain network where transactions and processes are transparent, archived, and the public can view what's going on. The blockchain doesn't lie. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

DAO {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#DAO

#DAO Con-Arguments Below is a DAO con-argument written by noxtrifle. > DAOs are decentralized autonomous organisations which are designed to be run by the people who use them. A DAO is a [set of smart contracts](https://en.wikipedia.org/wiki/Decentralized_autonomous_organization) that can be coordinated via a decentralised network of computers, and their members are able to donate or purchase a share in the company, gaining the rights to vote on what the DAO will do with the money it has garnered. This type of model has a few disadvantages: > > * **Hacks/Exploits** > * Like any other blockchain-based technology, DAOs can and will be hacked; an example being the infamous 'The DAO' hack in 2016 [which resulted in the loss of over $60m and a fork of the Ethereum blockchain altogether.](https://www.gemini.com/cryptopedia/the-dao-hack-makerdao) > * If this were to happen with, for example, a similarly large-scale DAO on a small network (as Ethereum was at that time), the repercussions on both the DAO and the network would be unimaginable. > * **Accountability** > * Since the structure of a DAO is so loosely defined, it is impossible to assign responsibilities, tasks, and accountability to any member except the founder of the DAO — raising the question whether it is truly decentralised or not. > * The inverse is true as well. Those who are held responsible for the actions of the DAO are members who vote on how funds will be spent, but without any form of legal entity or responsibility for the actions that a DAO undertakes, it is hard to determine who is accountable and responsible in the event of a calamity. > * This could lead to members being held liable even though they themselves did not consent to any malicious activity committed by the DAO. > * **Efficiency** > * Most of the time, a DAO can take anywhere from days to weeks to make even the most basic of decisions, for example, a change to the website or investing in a new project. > * This would require at least a majority of token owners to vote on the issue, and depending on how decentralized the network is, could take several days or possibly even longer than that for everyone to reach a decision. > * By this time a more efficient, centralised company with more streamlined decision-making processes would have already invested in the project and taken over. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

#DAO Pro-Arguments Below is a DAO pro-argument written by a deleted user. > DAOs aim to solve the management issues that modern companies are facing, through implementing an autonomous structure. Every stakeholder in a DAO will have the opportunity to be heard through their votes. > > > **Decentralization** > > Stakeholders have more influence over the direction of the company with DAOs. Although voting power can be weighted in a DAO, the power is considerably less than in more conventional organizations where the leadership decides the company's course. > > **Everyone can be heard** > > A DAO's ability for all members to vote on decisions encourages members to be responsible and deliberate. This eliminates hierarchy barriers and produces a flat, just, and equal organization. > > **Transparency** > > DAOs are run on a decentralized blockchain network where transactions and processes are transparent, archived, and the public can view what's going on. The blockchain doesn't lie. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

DAO {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#DAO

#DAO Con-Arguments Below is a DAO con-argument written by crua9. > * DAO generally don't produce > * DAO take a lot of understanding to set it up right. Like if you set it up right, it can run on it's own. But if you don't, then it can die when one person stops producing. > * DAO in many parts aren't legally recognize and the parts they are legally and tax wise there could be problems > * DAO can cost a bit of money to get going. > * The average person has no idea about what a DAO is or how to get involved. > * Many DAO it is impossible or extremely hard for a newer person to get involved. This making it more like a company. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

#DAO Pro-Arguments Below is a DAO pro-argument written by CreepToeCurrentSea. > A decentralized autonomous organization (DAO) is an organization built on rules encoded as a computer program that is frequently transparent, controlled by the organization's members, and uninfluenced by a central government. > > DAOs, in general, should be member-owned communities with no centralized leadership. The financial transaction records and program rules are kept on a blockchain. This type of business organization's precise legal status is unknown. > > # PROS: > > **An Autonomous Structure** > > The majority of traditional organizations and groups have a top-down structure that values decisions made at the top and frequently ignores the ideas of those at the bottom. DAOs, due to it's nature, can help solve the problem by allowing everyone to contribute an idea/option, which can then be voted on by the organization's members. > > **Everyone can participate** > > Tokens or NFTs that grant voting rights are used to coordinate governance. Membership in a DAO is restricted to those who have confirmed ownership of these governance tokens in a cryptocurrency wallet, and membership can be exchanged. Governance is carried out through a series of proposals that members vote on via the blockchain, and having more governance tokens often translates to having more voting power. As long as you have the necessary amount of tokens needed to have voting power then you have the right to vote within the organization. > > **Proposals are Thorough and Specific** > > The creation of a poll within a DAO is expensive more often than not and with that most members who plan to create one often times try to convey their ideas as specific as possible. No one would try to create non-sensical polls that do not contribute to the growth of the organization if they would know the cost behind it. > > **Everything is Transparent and Eternal** > > Everything that occurs within the DAO is permanently recorded on the blockchain. Members of the DAO have access to all decisions made since the organization's inception, with no findings of forgery or misinformation. > > Sources: > > [https://en.wikipedia.org/wiki/Decentralized\_autonomous\_organization](https://en.wikipedia.org/wiki/Decentralized_autonomous_organization) > > [https://papers.ssrn.com/sol3/papers.cfm?abstract\_id=3082055](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3082055) > > [https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao](https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao) > > [https://www.cryptoswede.com/the-advantages-and-disadvantages-of-a-dao/](https://www.cryptoswede.com/the-advantages-and-disadvantages-of-a-dao/) > > [https://ssrn.com/abstract=2580664](https://ssrn.com/abstract=2580664) > > [https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao](https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO#PROS

DAO {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#DAO

#DAO Con-Arguments Below is a DAO con-argument written by noxtrifle. > DAOs are decentralized autonomous organisations which are designed to be run by the people who use them. A DAO is a [set of smart contracts](https://en.wikipedia.org/wiki/Decentralized_autonomous_organization) that can be coordinated via a decentralised network of computers, and their members are able to donate or purchase a share in the company, gaining the rights to vote on what the DAO will do with the money it has garnered. This type of model has a few disadvantages: > > * **Hacks/Exploits** > * Like any other blockchain-based technology, DAOs can and will be hacked; an example being the infamous 'The DAO' hack in 2016 [which resulted in the loss of over $60m and a fork of the Ethereum blockchain altogether.](https://www.gemini.com/cryptopedia/the-dao-hack-makerdao) > * If this were to happen with, for example, a similarly large-scale DAO on a small network (as Ethereum was at that time), the repercussions on both the DAO and the network would be unimaginable. > * **Accountability** > * Since the structure of a DAO is so loosely defined, it is impossible to assign responsibilities, tasks, and accountability to any member except the founder of the DAO — raising the question whether it is truly decentralised or not. > * The inverse is true as well. Those who are held responsible for the actions of the DAO are members who vote on how funds will be spent, but without any form of legal entity or responsibility for the actions that a DAO undertakes, it is hard to determine who is accountable and responsible in the event of a calamity. > * This could lead to members being held liable even though they themselves did not consent to any malicious activity committed by the DAO. > * **Efficiency** > * Most of the time, a DAO can take anywhere from days to weeks to make even the most basic of decisions, for example, a change to the website or investing in a new project. > * This would require at least a majority of token owners to vote on the issue, and depending on how decentralized the network is, could take several days or possibly even longer than that for everyone to reach a decision. > * By this time a more efficient, centralised company with more streamlined decision-making processes would have already invested in the project and taken over. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO

#DAO Pro-Arguments Below is a DAO pro-argument written by CreepToeCurrentSea. > A decentralized autonomous organization (DAO) is an organization built on rules encoded as a computer program that is frequently transparent, controlled by the organization's members, and uninfluenced by a central government. > > DAOs, in general, should be member-owned communities with no centralized leadership. The financial transaction records and program rules are kept on a blockchain. This type of business organization's precise legal status is unknown. > > # PROS: > > **An Autonomous Structure** > > The majority of traditional organizations and groups have a top-down structure that values decisions made at the top and frequently ignores the ideas of those at the bottom. DAOs, due to it's nature, can help solve the problem by allowing everyone to contribute an idea/option, which can then be voted on by the organization's members. > > **Everyone can participate** > > Tokens or NFTs that grant voting rights are used to coordinate governance. Membership in a DAO is restricted to those who have confirmed ownership of these governance tokens in a cryptocurrency wallet, and membership can be exchanged. Governance is carried out through a series of proposals that members vote on via the blockchain, and having more governance tokens often translates to having more voting power. As long as you have the necessary amount of tokens needed to have voting power then you have the right to vote within the organization. > > **Proposals are Thorough and Specific** > > The creation of a poll within a DAO is expensive more often than not and with that most members who plan to create one often times try to convey their ideas as specific as possible. No one would try to create non-sensical polls that do not contribute to the growth of the organization if they would know the cost behind it. > > **Everything is Transparent and Eternal** > > Everything that occurs within the DAO is permanently recorded on the blockchain. Members of the DAO have access to all decisions made since the organization's inception, with no findings of forgery or misinformation. > > Sources: > > [https://en.wikipedia.org/wiki/Decentralized\_autonomous\_organization](https://en.wikipedia.org/wiki/Decentralized_autonomous_organization) > > [https://papers.ssrn.com/sol3/papers.cfm?abstract\_id=3082055](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3082055) > > [https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao](https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao) > > [https://www.cryptoswede.com/the-advantages-and-disadvantages-of-a-dao/](https://www.cryptoswede.com/the-advantages-and-disadvantages-of-a-dao/) > > [https://ssrn.com/abstract=2580664](https://ssrn.com/abstract=2580664) > > [https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao](https://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_dao) to find submissions for other topics.

Mentions:#DAO#PROS

DAO {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#DAO

Past outages were solved with network upgrades, like QUIC and localized fee market, to better handle outsized demand > all L1s and L2s combined. 99.94% uptime over past year and most recent outage was a validator client bug. Not to mention, jump crypto is launching Firedancer - a second validator client - in September that will result in massive performance upgrade for Solana and mean outages are a thing of the past since there will always be another client that can product blocks. Eth might not have had outages, but it has its own bad track record. For starters, they broke the ethos of decentralization by hard forking ETH in 2016 after the DAO hack. That should never ever have happened. Not to mention, ETH has had better uptime sure, but it also has had terrible fees and time to finality - meaning that there have plenty of periods of time where ppl are priced out of a transaction - basically rendering the network useless. Far far far more instances of that than Solana going down due to it pushing its limits. Nonetheless, Solana keeps getting stronger with time.

Mentions:#ETH#DAO
r/BitcoinSee Comment

She could form different DAO’s lol

Mentions:#DAO

I didn’t say network upgrades brought the network down. I clearly said the outtages that were caused due to outsized demand that no chain could have handled were fixed with network upgrades. Ethereum hasn’t been be technically “down” before like Solana, but it continues to take 12 minutes to reach finality and fees remain exuberantly high such that the chain prices out a ton of ppl and limits what kind of apps can be built on it. Fees have been hundreds of dollars before for an extended period of time… sounds akin to being “down.” Also, ETH got its own unique bullshit… like breaking the ethos of decentralization by hard forking after the DAO hack in 2016. Should never have happened.

Mentions:#ETH#DAO
r/BitcoinSee Comment

Bisq does this type of system. It’s a DAO where collatoral is put in a escrow where the 3rd party ensures no funny buissness takes place without consequence.

Mentions:#DAO

Very sad that you lost that much money ! I had something similar happening. With DAO since then I prefer the Radix Ecosystem! The Radix Wallet is as smooth and secure as no second one on the crypto space. #XRD is a Gamechanger that will hopefully save more people in the future.

Mentions:#DAO#XRD

Not your keys, not your coins. CRV's founder suffered massive liquidations last week (more than 100 Mm maybe?). For me, CRV or any DAO is a major risk for assets...

Mentions:#CRV#DAO

Threshold ECDSA and distributed keys aren’t really a custodian when a DAO is in control.

Mentions:#DAO

When it comes to borrowing against Bitcoin holdings in a decentralized manner, you have several options: 1. Aave: A decentralized lending platform that supports Bitcoin as collateral for loans and as a borrowing asset 2. Compound: An algorithmic money market protocol that allows users to lend and borrow Bitcoin 3. BadgerDAO: A decentralized autonomous organization (DAO) focused on bringing Bitcoin to DeFi and offering yield farming opportunities These platforms maintain a high level of decentralization and security, without intermediaries. Keep in mind that interest rates and features may vary, so it's essential to explore each option thoroughly :)

Mentions:#DAO