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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

Check out Padeia on Ergo, building a true DAO

Mentions:#DAO

MakerDAO is very much a true DAO and it’s telling how many

Mentions:#DAO

The MeritCircle DAO is working pretty well.

Mentions:#DAO

ENS seems like it's working pretty well. Not sure if people consider it a DAO. It has a governance token.

Mentions:#ENS#DAO

It really depends on how its set up imo. Ill give a few examples not to shill them but simply because its things i considered with them before getting involved. Hedera: The council of big companies is the DAO, they then instruct an outside company to make the changes. In this case its the company of the founders, but the tokens the founder hold give them no voting rights. The companies in the DAO do not take profit and are term limited. After 2 terms of 3 years (6 in total) they are replaced. BankSocial: While the DAO is weighted on token holdings being a credit union its bound by law to be NON profit and to put members interests first.

Mentions:#DAO

> there is a centralised decision maker who then needs to implement said decisions. In all the DAOs I've seen, the code can be executed by a variety of parties, often random user with enough gas token to do the transaction, once it's approved. I don't follow every random DAO and protocol out there, but most of the major ones are operating fine enough imo.

Mentions:#DAO

DAOs right now suck but there is interesting governance experiments going on. I’m interested in worker owned DAOs where the voting token isn’t buy in but you have to earn it by doing tasks for the DAO

Mentions:#DAO

tokens don’t have to have financial value and can be rewarded based on participation in DAO like coding or something. some DAOs have been experimenting with this model and I think that would be the future

Mentions:#DAO

Is it essentially people joining by way of buying tokens, then hoping for token dividends? Or is this a DAO where token holders contribute to the research also?

Mentions:#DAO

The DAO's biggest flaw is that it's great on paper but in reality it ends up fighting a two-front, uphill battle against human nature: against greed and our need for control. Especially if the outside people coming into control of your baby do not share your vision and intent for it.

Mentions:#DAO

Because DAOs are bullshit. The real reason why DAOs are made is to make their tokens not fall under a security. They will say it’s a utility token because it is used in governance, therefore it’s not a security It’s a fucking sham. Governance voting is a sham because the team owns all the voting power. Additionally, there is no forced mechanism to force them to actually implement the vote (such as they can do a half ass implementation) Finally, owning a token does not mean you have a share and ownership of the protocol which is a sham. These “DAOs” have control of all the tokens and additionally their own shares. I laugh my ass off when I see these “DAO’s” having CEO’s 

Mentions:#DAO#CEO

Have you looked into MakerDAO? The project is extremely successful. They have a DAO that sets loan rates and stuff: not sure how much of a DAO it really is tho.

Mentions:#DAO

If you are into DAO’s , checkout Juno network. The whole chain works as a DAO, each department like Operations or communications are subDAO’s to the main Juno DAO, everything completely on chain. DAO DAO, one of the most advanced DAO tooling in web3 is the flagship project of Juno network, makes all of this possible (daodao.zone)

Mentions:#DAO

I'm surprised the term "DAO" is still used after the 2016 "The DAO" disaster.

Mentions:#DAO

I call this the DAOlemma. In order to get started you need a strong core group of driven individuals. To become a DAO those individuals must let go of all of that control. It is not at all obvious how that transition should work, or how the DAO can maintain the vision and drive which created it.

Mentions:#DAO

Something we will vote on with the DAO. Very cool things to come you should really think of joining the community!

Mentions:#DAO

This is something that the community will vote on using our DAO. All plans for the future! Big things to come.

Mentions:#DAO

For over 2 years, I have been saying that governance tokens need to go or share their revenue. Like [this comment ](https://www.reddit.com/r/CryptoCurrency/s/5GvtwA0AEb) There is no reason why DAO and governance tokens should exist if voting costs hodlers and it benefits those usual grant receiving parties or usual whales because a small change of parameters means a lot for them. And sharing revenue isn't by buy back mechanism. It is simply sharing the revenue in whatever token it is.

Mentions:#DAO

I'm pretty much locked into DIA. For the sake of having a very strong presence on its DAO. For the other part, I just think this can go 20-50x in the bull run. So, let's see.

Mentions:#DIA#DAO

Daily Crypto Projects With Highest Social Sentiment Score Overview - 23rd of February - MomentumRadar BBL token / almost 16 000 social sentiment score DAO token / almost 46 000 social sentiment score GMRX token / 41 000 social sentiment score SPELL token / 95 000+ social sentiment score RNDR token / 30 000+ social sentiment score

Sure, but I don't really understand how it works and how that's not considered a security. Like, even if a DAO makes the purchases and manages the assets, how is that different than a company doing the same? Or an index fund like bgld or w/e. Either way happy to see it's up like 40% today.

Mentions:#DAO

Wait, Ambire development is run by a DAO? I use it for DeFi but I always thought it was the same as every other wallet.

Mentions:#DAO

Tldr; Zero value, currency of crime, environment, no dividends, scams, illicit activities, scandals (FTX, binance fine ...), challenge to regulate, not safe, bubble, bubble reinflated because BTC has lot of lobby, BTC has important roles assigned to identified individuals who are possible to persecute , decentralised finance can be regulated forcefully, money laundering They try to backup these claims with sources, but ultimately they're just trying to grab any amount of dirt to throw at BTC even tho they're not exactly discussing BTC as much as people. They even try to backup their 2022 claim that it's dead and bubble is just reinflated because of all the lobby that goes on in parliament mainly in USA. They bring up pollution about three times. They hide behind the argument that they want to keep people safe and the only way is regulation to which BTC is a challenge but few paragraphs later they state that BTC has important public figures that can be persecuted (they came from a situation with a DAO that was fined by SEC and the fine was paid by founders - so they say I'm the same way we can pressure BTC ) My personal take is that ECB lost all its legitimacy by this article, that wasn't researched, full of half truths, just trying to divert attention. Very based.

According to the ETH-heads you mean. It was pre-mined, censored in 2016 (DAO hack) and abanodoned Proof of Work. There's also a consensus it's a shitcoin.

Mentions:#ETH#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.

The story of DAO's, governance tokens, ... is such a shitshow in crypto. One way or another, all these tokens must go away or share revenue with holders. Share revenue instead of one time airdrop for the little guy.

Mentions:#DAO

There was an interesting situation with Lofty . Lofty tokenise houses and rent them out. The proceeds then get sent to the owners. They employ property managers who manage the houses. The property manager made a mistake and the token owners worked as a DAO to determine what to do, the DAO decided to replace the property manager and pay the costs of finding a new one.

Mentions:#DAO

it’s been this way since 21. back when moon farming was meta i probably left a ton of moons on the table trying to explain why reddit made me even more of a sol believer 1/ reading all the help me posts of people trying to sell or buy moons. these are people in crypto how will bridging work with nocoiners? 2/but when our avatars popped? that was crazy. many of us watched our $10–$50 avatars (or cone mother blessing us with a 5-7k airdropped memecoin) turn to 4k at the peak—some people would go over to the avatar sub and ask “is this a scam? someone is offering me $500 for this thing i bought for $10” when we told them the scam was it was selling for double then the fun began. it let me see how non crypto people would view polygon. people not understanding what an L2 was or what wETH was…. the hate will continue by the time people understand why render or helium switched to solana (especially when render does its thing) or see a few games pop off…….they still will hate it because they grave danced when it was $8. they watched people who didn’t listen to the masses ride it up to $100 in a short period of time these were like the people who screamed that a Hard Fork after the ETH DAO attack would be the end of eth and the “real” eth was eth classic. code is law peep. (i’m sure they don’t hold forked eth right now….right? only eth classic since they are real believers in the tech)

Mentions:#ETH#DAO

I don’t like maxis in general no matter what the coin. They’ve become arrogant and they kind of scammed the community with their DAO + shitcoin

Mentions:#DAO

> In the case where the offending party does not agree then the funds get sent to the arbitrator Correction: arbitrators do not receive traders' funds. Instead, at the start of each trade, the parties sign a time-delayed transaction that donates all of the funds to the Bisq DAO. The delay is 10 days for trading cryptos and 20 days for trading fiat. If, after that time, either of the traders feels they cannot resolve a dispute, they must broadcast the time-delayed transaction. The arbitrator makes a payout from their own money and then seeks compensation from the DAO. If you're wondering why the process is so roundabout, it serves a couple of purposes. One is to try to avoid legal liability issues, since Bisq is not a company. Another is to facilitate the creation of Bisq's own token (which, to be clear, is not an altcoin, it's colored BTC).

Mentions:#DAO#BTC

In addition to truly owning the assets, other potential scenarios include the community (as a DAO) creating the game world collectively, deciding on the rules of what's allowed/not allowed, and how the game evolves. Granted that some of these ideas may seem far-fetched atm, but they could dramatically change the way games are built.

Mentions:#DAO

Ask ChatGPT about the DAO hack and subsequent hard fork.

Mentions:#DAO

#Ethereum Classic Con-Arguments Below is a Ethereum Classic con-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > **1. Ethereum Classic will stay on PoW, and no one knows what will happen to it after the Merge.** > > While this is good for miners, when the inevitable Merge finally happens, Ethereum's (ETH) miners would have to find new crypto to mine. And while there are many prospects, (such as RVN, ERGO, and FIRO) Ethereum Classic (ETC) is yet another possible option for them. After the merge, no one knows what might happen when miners switch over to these PoW cryptos. > > According to an article by messari.io, 97% of miner revenue comes from ETH alone. The current ETH network hash rate stands at almost 1 Ph/s, while ETC is 40x smaller, at a meager 23 Th/s. > > Of course, not all miners will choose to go to ETC, but migration of such size has never been seen before in the history of cryptocurrency. And its effects are also unknown. > > Since ETC is PoW, it is also susceptible to 51% attacks, which have happened several times in the past (such as the 3 attacks in Aug 2019). Protections have been put into place, but it still means waiting for long periods to get enough block confirmations for your transactions. > > **2. It has fewer future prospects than Ethereum** > > Even though ETC does support smart contracts, most apps use ETH instead as its ecosystem is definitively bigger than ETC. **ETH is just much more well-known among users as the 2nd biggest crypto**. > > **In conclusion:** > > Even though most know ETC as "**the original Ethereum**", its forked brother is simply more popular, more secure, and has better prospects. ETH will become a network using less energy too. ETH miners today may transition to ETC, **but its future remains cloudy.** > > **TLDR: Questionable future after ETH merge, fewer prospects than ETH.** ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

#Ethereum Classic Pro-Arguments Below is a Ethereum Classic pro-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > # > > # Pros of Ethereum Classic (ETC) > > **1. It uses PoW** > > With ETC sticking to Proof of Work (PoW) since the beginning, it is no wonder that it has been one of the top coins to mine for many years, most especially for miners with less than 4GB of VRAM. > > To prevent more 51% attacks to happen, its developers have switched its mining algorithm from Ethash to Etchash. This removes the possibility of renting hash power. Its reputation is rock-solid among miners, and it is one contender for migrating ETH miners after the Merge. > > **2. It supports smart contracts and other Dapps** > > Just like its forked brother ETH, ETC supports smart contracts. This allows it to support the same kinds of Dapps as ETH, albeit on a smaller scale and with fewer fees (currently, before the merge at least), > > NFTs are available on ETC as well. For those wanting a secure, PoW platform to build their apps upon, ETC would be the perfect choice for them. > > ​ > > **In conclusion:** > > As the original Ethereum blockchain, users of ETC pride themselves as the “original Ethereum”. Their developers continue to support miners, and keep the network secure with updates. > > With many questions being asked before the inevitable ETH merge, it’s also no wonder why it’s a popular choice for miners, as it can be mined even on older GPUs. Combined with its ability to use smart contracts, it directly competes with its bigger brother ETH in every manner and emerges better in each. > > TLDR: ETC supports miners while doing everything ETH can do. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

Mentions:#DAO#ETC#ETH

*as DEcentralized Yea it’s funny right that Eth maxis would complain that Solana’s too centralized… after the Ethereum team literally reversed a transaction from the DAO hack. Unless we’re talking bitcoin, all the alt coins have a degree of centralization. What matters is that the network’s fast and efficient.

Mentions:#DAO

It seemed like a reasonable initial default - burning a significant portion of the rewards, but also building the DAO reserve. The DAO itself can adjust the burn rate between 22-68% as needed.

Mentions:#DAO

You are absolutely right in that the profits could be directed to the users initiating the swaps instead of the liquidity providers themselves. This would of course then mean that swap fees would need to be in place as they are on other DEXs. This is actually the way Salty.IO was first implemented - with profits shared between the swappers and the LPs with the DAO determining the split. I found that gas-wise I could significantly streamline the contracts without the fees being in place at all. Additionally, with fees in place you can optionally have fractionalized liquidity across multiple fee pools for the same pair - which can increase gas costs to route through. The idea of directing the profits back to the LPs is that the yield then motivates deeper liquidity - which in turn provides the swappers with better swap rates. This of course reaches an equillibrium at some point. I'll add the case of user awarded profits versus LP awarded profits to my simulation stack (in a market of multiple possible exchanges for user choice) and report the results back here. I am not opposed to capturing profits for the users themselves, and am curious to circle back and simulate the effects after what I have learned over the last year.

Mentions:#DAO#LP

Deflation-wise: The Protocol Owned Liquidity held by the DAO generates yield in the form of SALT - a default 45% of the SALT rewards received from this POL are burned. Also, expedited unstaking of xSALT results in users losing a portion of their original staked SALT. The lost portion of their SALT is then burned. Me: I'm originally a mobile app developer - who has created and developed in-house mobile apps which have had more than 30 million downloads. In crypto I previously wrote some private arbitrage and trading bots, and also created an NFT project called 200 Keys - the focus of which is collaborative creativity.

Mentions:#DAO#SALT#POL

Max supply is 100 million SALT and emissions are 50 million SALT distributed at .50% / week. Here's the full distribution: |Emissions|50 million|.50% per week| |:-|:-|:-| |DAO Reserve |25 million|Linear distribution over 10 years| |Initial Development Team |10 million|Linear distribution over 10 years| |Airdrop Participants|5 million |On launch as xSALT| |Liquidity Bootstrapping Rewards|5 million |For initial liquidity pools| |Staking Bootstrapping Rewards|3 million |For xSALT holders| |Advisors |2 million|Linear distribution over one year.|

Mentions:#SALT#DAO

Since you asked about an update… Reddit, scared about regulatory scrutiny pre-IPO killed a wildly successful cryptocurrency project that was community built. Pulling the rug from under users and exchanges that decided to support the project. 90% of people sold all or most of their moons seeing no future in the project going forward, dumping the price. People who still believe in a community coin, got Reddit to relinquish control of the moons but destroyed the keys to continue minting new moons as they had been. Everyone’s Reddit vault delisted the coins and only those who ported to Metamask or similar still have access. Votes have been held (and passed) to restart distribution but the old rules were not passed for how they will be distributed. So eventually these Frankenmoons might make it to user’s wallets. In the meantime, moons are still being burned by banner rentals and AMAs. My hope is that we embrace a different mechanism and community coin that can be minted and controlled via a DAO of some sort that could be deployed across multiple reddits when regulatory issues are more clear.

Mentions:#DAO

I have only seen 2 use cases that I think hold any weight. 1) Decentralized bank like Aave - With a DAO attached it is a bank owned by the depositors. I like this idea. 2) Using NFTs/DAO to subdivide assets that are difficult to subdivide. Right now this mostly means fine art or real estate. Even this isn't really an issue in the real world, but with a DAO you can theoretically buy/sell a 10th of a house and all incomes involved without anyone involved knowing each other. The more I type about it the less I'm convinced :/.

Mentions:#DAO

tldr; Christoph Jentzsch, a former core developer of Ethereum, discussed his early involvement with the project, emphasizing its aim to be more than just a cryptocurrency by creating a platform for decentralized applications. He joined after Ethereum's crowdfunding in 2014 and worked closely with Vitalik Buterin and Gavin Wood. Despite financial struggles in 2015, Ethereum survived and later experienced a significant price increase. Christoph also led the development of The DAO, which faced a major setback due to a code vulnerability leading to a hard fork in the Ethereum community. He is now working on a project called tokenize.it to enable share tokenization for crowdfunding and shareholder rights. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#DAO#DYOR

The incentive is reciprial in the sense that I might value public parks and roads and in exchange I contribute to paying for schools, hospitals, etc. Whether governance takes the form of traditional elected local represenatives (fallible and suceptible to corruption) or DAO (true democracy operating with a fixed set of rules which themselves must be collectively agreed), the citizens of the community have a vested interest in the clean, crime-free, economically sustainable environment in which to live, work, and play.

Mentions:#DAO

I agree that 'general' stories can apply to random people and events, this is clearly not the case ... CH has extensive knowledge about the industry, he never lied about his studies background btw, they asked him that aswell in a live stream, he admitted to having dropped out of the masters degree program in mathematics, but once you listen to the guy you realise he's quite Top Notch when it comes to cryptographic systems and how to use or improve them, he has Math genius people working at IOG ... why does everyone think at that lvl he needs to be all knowing:)) when he can obviously hire top brains to solve stuff out (which he did). It's a terrible industry, most are out there to get each other in the 'race,' of which crypto will get mainstream use , BTC aside which will not be used for actual work being done on chain, you got Eth with the highest use atm , Solana with the highest lie count regarding their tps and whaftever they do (i just read they count as Tps even messaging done on-chain) , you got BNB which is a centralised entity asset, and you got Cardano, which is basically the first in line to pose some 'threat' to the market user base ... no wonder CH is the 'boogie man' ... surprisingly, you hear nothing about Avalanche creators yet :) , of whcih CH has only speak highly off, on repeated counts, and they are closing in Cardano with the MCap. The i'll intended players are usually unknown and play with the retailer base's feelings... this is such a case, if you really hate on CH, there's a high chance you won't touch Cardano. I'll just make a last point ... don't you find wierd that right now, out of all moments, everyone is tripping that IOG (aka CH) has the genesis keys for the Chain? The very thing that himself is saying-> this must be sorted out with the next Governance Upgrade , he made extensive talks about transitioning towards a DAO style of governance, which is the whole point. 'Maxis' made fun of Colin LeMahieu, the Nano genius, who's actually a math genius, didn't matter... everyone laughed as he was solving one of the most essential problems regarding No Fee transactions. Nothing new here.

Mentions:#BTC#BNB#DAO

I just kept stacking 1000 CKB like every day. Obsessed with reaching milestones. Like "Oh nice, 100k...200k..300k.." Tossing it in the DAO laughing about how I had so God damn much at like 4 or 5 cents and probably would be bag holding it for the next decade. Now I don't know what to do lol Scared to take profits and miss out on massive gains, scared to sell-off in case we keep mooning.

Mentions:#CKB#DAO

You letting it run, or selling off? I got a ton locked in the DAO and wondering if I should sell some off after this run. Gonna take like a month to unlock tho 😢

Mentions:#DAO

>For example; cityDAO. It's a group of people that bought land in Wyoming, USA. The DAO votes on improvements to the land then hires a contractor (in the real world) to build on the land. It's a case study on how to run a city from a DAO. Certainly interesting stuff, I've heard about these initiatives. I can see it working on small scales but scaling this up will be a huge challenge.

Mentions:#USA#DAO

>Governance is certainly possible on a blockchain but at some point you have to connect with the real world at which point you risk centralization. You are absolutely right and the current solution for that is DAOs (decentralized autonomous organizations) For example; cityDAO. It's a group of people that bought land in Wyoming, USA. The DAO votes on improvements to the land then hires a contractor (in the real world) to build on the land. It's a case study on how to run a city from a DAO. >How can you build a credit system on top of a decentralized currency without giving away control of your money? I actually have been working on my own DApp that could be used for established credit. However I think the final version will have to be built on top of a decentralized ID system so that there are consequences to no repaying debts. DIDs (decentralized identities) I a rapidly growing field. >What if the decentralized state doesn't have the money to operate? It will have money to operate, it has its own currency that it literally controls. Plus that part of the governance aspect which is picking where the operation funds are coming from. For example; catalyst is a community Treasury on cardano in which teams submit proposals to fund their projects and the community votes for which projects to fund. The Treasury is supplied by a small portion from all transaction fees. >There are a lot of questions that would need answering and I think the final solution would look a lot like what we have today. I think it would settle around a representative democracy but with significantly more guardrails

Mentions:#USA#DAO

Well stargaze is pretty much the ONLY NFT dApp in the COSMOS...keep in mind that the COSMOS IBC is all interconnected L1 networks. So some L1s may also have their own NFT marketplace. BUT I WILL STRESS...STARGAZE is the unofficial official. I think PASG and FLIX have one too, as well as White Whale but there's only 1-2 projects on those. HOWEVER There's also STASHH! Which is on SCRT network. BFTs on SCRT are really fucking cool. Because by the nature of SCRT itself the NFT can have public facing metadata and then private metadata only the owner can see. There's two projects on SCRT that are worth mention on tech and "coolness" alone...well three...but one is VERY unobtainable. [Mystic Skulls](https://stashh.io/collection/mystic-skulls?traits=%257B%2522Unrevealed%2520Trait%2520Categories%2522%253A%255B%25229%2522%252C%25228%2522%255D%257D&sort=price+asc) \- Released in 2021 - SUPER RAD project where you can't see any of your traits until you attune a skull and then enter the reveal process. There's still like 3,000 unrevealed skulls out there in the secondary marketplace. [KILLROY WAS HERE](https://stashh.io/collection/killroy-was-here?sort=price+asc) \- It's legit a Kevin Smith NFT yes that one...you know the one...Silent Bob...He released a horror slasher movie that's embedded inside the NFT thanks to the private data of SCRT nfts. THE UNOBTAINABLE!!!!! The Pulp Fiction handwritten rough script was being auctioned off in sections by Tarantino and SCRT Labs. [Then Miramax stepped in and only ONE sold to the ANONS DAO for a few million before that got pulled.](https://www.theverge.com/2022/9/9/23344441/quentin-tarantino-pulp-fiction-nft-miramax-lawsuit-settled) It was on sale for quite a bit [during the bear](https://stashh.io/collection/tarantino-nfts)

i don't know, it would probably work somehow with the current system but i could think of reasons why it's better with crypto: - no need for a central payment service (vehicle to vehicle - wallet to wallet transfer) - instant settlements and low transactions costs and the instant availability of data - available to anyone, who has got coins - no need for a myriad of partners necessary (bank, visa, apple/paypal), who want their share of the pie - more privacy by cutting out the middlemen - you can further cut costs by staking your revenue - instantly transfer debit to a platoon in the sahara or anywhere without the infrastructure, easier to realize (ie satellite connection) - less dependency on a unreliable, power abusing country, which is the us. i really don't know why the US (google, apple visa, mastercard) need to know when, where my autonomous fleet is driving and with whom its platooning (patriot and freedom act). - crypto benefits smaller economies and businesses for the reasons above. if i had a business, i would definitely use a DAO to settle my payments instead of using the traditional players.

Mentions:#DAO

Any off-chain integration/application (whatever that may be) requires an inherit level of trust (duh... off-chain literally means it's something not going through the mathematical consensus that you have a stake in or even DAO gov power). Let's be honest here, you're not a web3 consultant.... based on this post, nobody would even hire you to get consulted on changing their socks.

Mentions:#DAO

I'll take "SOL is still down" but non-manipulated than ETHs choice to revert the blockchain for the DAO hack.

Mentions:#SOL#DAO

Down 4% to buy in and if/when you sell yes another 4%. But like i said, you have share of all the 4% that came before you. The funds from that 4% go into the DAO, holders of $BSL vote what to do with it. Which might be a business loan thats backed my machinery or something tangible. The interest from that loan is then paid to $BSL holders. Once the loan is paid back they can do it again.

Mentions:#DAO#BSL

The members run it, its a DAO. You buy your $BSL and its kept in your own wallet. Being on Hedera it allows them to pay rewards/ look at it like interest straight into your wallet. Given they never hold your crypto and are a fully registered and regulated Credit Union i dont see how they'll be ripping people off.

Mentions:#DAO#BSL

Fully regulated and registered DAO. All Credit Unions are basically a DAO, this one is just a web3 version.

Mentions:#DAO

This one appears to be. All Credit Unions are run for and by the will of the members, this is no different with voting done via a DAO with the $BSL token.

Mentions:#DAO#BSL

As far as I know, AAVE.com is *the* trusted lending spot (that isn't a stablecoin issuing DAO).

Mentions:#AAVE#DAO

Oh god are we already at the stage where DAO scams are back Can't wait for the "why did my 14000% APR wonderland DAO get rugged? I was specifically promised lambos" posts again.

Mentions:#DAO

Same, DAO Credit Unions is where it’s at.

Mentions:#DAO

This is why BankSocial is important for crypto users imo. Its a Credit Union which means its non profit and by charter has to be for the benefit of its members. With BankSocial focus is crypto, so its their job to make your banking as smooth as possible with crypto. If you think about it, Credit Unions are old fashioned DAOs, this one takes it a step further with full web3 DAO.

Mentions:#DAO

#DEX Pro-Arguments Below is a DEX pro-argument written by Shippior. > A Decentralized Exchange, often abbreviated to DEX, is an exchange that does not belong to a central entity and all transactions happen on a blockchain. The three largest DEXs by [Total Value Locked](https://cointelegraph.com/explained/what-is-total-value-locked-tvl-in-crypto-and-why-does-it-matter) (TVL) are [Curve Finance](https://curve.fi/#/ethereum/swap), [Uniswap](https://uniswap.org/) and [PancakeSwap](https://pancakeswap.finance/). For a full list of DEXs see this [dashboard](https://defillama.com/protocols/Dexes). > > The largest difference between a CEX and a DEX is the way that liquidity is provided. Most CEXs use an [order book](https://learn.bybit.com/trading/order-book-explained-for-beginners/_ style ) for transactions. Most DEXs employ [Auto Mated Market Making](https://blog.0x.org/market-making-in-defi/) (AMM). These type of transactions are essential for operating an exchange with low liquidity. The supply and demand are matched by a protocol to prevent orders from not being fulfilled for a long time as there are generally less transaction offers available when there is lower liquidity. > > AMM works by users "lending" their crypto as collateral for others to trade. This is done by depositing tokens in a [liquidity pool](https://www.moonpay.com/learn/defi/what-are-liquidity-pools). Users are often provided incentive by the protocol to deposit their tokens by receiving a fixed interest rate on the crypto that they deposit. Therefore users who wanted to hold their crypto for the long term can actually put them in a pool via a smart contract to earn interest on this crypto without having to trade it whereas it would be collecting dust on an CEX. APRs are as high at 100%+ on larger DEXs like [Curve](https://curve.fi/#/ethereum/pools) and higher than 250% for smaller DEXs like [Crescent](https://app.crescent.network/farm). > > Trading fees of DEXs are mostly rather straightforward. Uniswap take a flat 0.3% trading fee, just like [Osmosis](https://osmosis.zone/) on each trade on top of the network transaction fee. Transaction fees can go as low as 0.02% for Curve Finance. These swap fees are provided to the people providing liquidity in the pool as an incentive for putting in their crypto. > > All trades made on a DEX are available as they can be found on the blockchain. Therefore it is possible to base your trading activity on the activities of other people. This also means that you can verify that your assets are where you think they are at all time. Your assets can not be lended to other people without you knowing of it and in most cases without you agreeing to it through the use of a smart contract. > > Compared to a CEX (with the exception of Coinbase) it is possible to own a part of the DEX. Many DEX have their own tokens. For example Curve Finance has [Curve DAO](https://coinmarketcap.com/currencies/curve-dao-token/) and Uniswap has [UNI](https://coinmarketcap.com/currencies/uniswap/). These tokens are used to pay for transaction fees on the DEX, they can be just held on to in the hope of them increasing in value but most important of all these tokens can be used to participate in governance. Everyone can put a proposal for improving a DEX, see the [Curve DAO](https://gov.curve.fi/) as an example for this, up for vote and everyone that owns the token of the DEX can vote (mostly 1 token = 1 vote) to determine how to go forward. Thus one can decide how to go forward to make the DEX even better. Something that is almost entirely impossible with a CEX. > > Privacy on a DEX is much better than on a CEX. On most DEXs no Know Your Customer (KYC) is required, a wallet that can not be linked to the person that is using it is sufficient. > > DEXs can have all assets on their platform that are available on the blockchain itself of made available through wrapped assets by [bridges](https://blog.liquid.com/blockchain-cross-chain-bridge). In theory the number of bridges that can be made between blockchains is infinite thereby the number of assets that can be listed on a DEX is also infinite. In reality though there are only bridges between the major blockchains available at the moment. This still provides plenty to chose from. According to Coinmarketcap there are currently [935 coins](https://www.coingecko.com/en/exchanges/uniswap#:~:text=Currently%2C%20there%20are%20938%20coins,a%2024h%20volume%20of%20%24319%2C357%2C719.14.) available to be traded on Uniswap and [3,223 coins](https://www.coingecko.com/en/exchanges/pancakeswap) on PancakeSwap. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

The most successful DAO is Bisq, not a charity, but it is a non-profit

Mentions:#DAO

Ideally it’s self moderated like Reddit through DAO like models.

Mentions:#DAO

#DEX Pro-Arguments Below is a DEX pro-argument written by Shippior. > A Decentralized Exchange, often abbreviated to DEX, is an exchange that does not belong to a central entity and all transactions happen on a blockchain. The three largest DEXs by [Total Value Locked](https://cointelegraph.com/explained/what-is-total-value-locked-tvl-in-crypto-and-why-does-it-matter) (TVL) are [Curve Finance](https://curve.fi/#/ethereum/swap), [Uniswap](https://uniswap.org/) and [PancakeSwap](https://pancakeswap.finance/). For a full list of DEXs see this [dashboard](https://defillama.com/protocols/Dexes). > > The largest difference between a CEX and a DEX is the way that liquidity is provided. Most CEXs use an [order book](https://learn.bybit.com/trading/order-book-explained-for-beginners/_ style ) for transactions. Most DEXs employ [Auto Mated Market Making](https://blog.0x.org/market-making-in-defi/) (AMM). These type of transactions are essential for operating an exchange with low liquidity. The supply and demand are matched by a protocol to prevent orders from not being fulfilled for a long time as there are generally less transaction offers available when there is lower liquidity. > > AMM works by users "lending" their crypto as collateral for others to trade. This is done by depositing tokens in a [liquidity pool](https://www.moonpay.com/learn/defi/what-are-liquidity-pools). Users are often provided incentive by the protocol to deposit their tokens by receiving a fixed interest rate on the crypto that they deposit. Therefore users who wanted to hold their crypto for the long term can actually put them in a pool via a smart contract to earn interest on this crypto without having to trade it whereas it would be collecting dust on an CEX. APRs are as high at 100%+ on larger DEXs like [Curve](https://curve.fi/#/ethereum/pools) and higher than 250% for smaller DEXs like [Crescent](https://app.crescent.network/farm). > > Trading fees of DEXs are mostly rather straightforward. Uniswap take a flat 0.3% trading fee, just like [Osmosis](https://osmosis.zone/) on each trade on top of the network transaction fee. Transaction fees can go as low as 0.02% for Curve Finance. These swap fees are provided to the people providing liquidity in the pool as an incentive for putting in their crypto. > > All trades made on a DEX are available as they can be found on the blockchain. Therefore it is possible to base your trading activity on the activities of other people. This also means that you can verify that your assets are where you think they are at all time. Your assets can not be lended to other people without you knowing of it and in most cases without you agreeing to it through the use of a smart contract. > > Compared to a CEX (with the exception of Coinbase) it is possible to own a part of the DEX. Many DEX have their own tokens. For example Curve Finance has [Curve DAO](https://coinmarketcap.com/currencies/curve-dao-token/) and Uniswap has [UNI](https://coinmarketcap.com/currencies/uniswap/). These tokens are used to pay for transaction fees on the DEX, they can be just held on to in the hope of them increasing in value but most important of all these tokens can be used to participate in governance. Everyone can put a proposal for improving a DEX, see the [Curve DAO](https://gov.curve.fi/) as an example for this, up for vote and everyone that owns the token of the DEX can vote (mostly 1 token = 1 vote) to determine how to go forward. Thus one can decide how to go forward to make the DEX even better. Something that is almost entirely impossible with a CEX. > > Privacy on a DEX is much better than on a CEX. On most DEXs no Know Your Customer (KYC) is required, a wallet that can not be linked to the person that is using it is sufficient. > > DEXs can have all assets on their platform that are available on the blockchain itself of made available through wrapped assets by [bridges](https://blog.liquid.com/blockchain-cross-chain-bridge). In theory the number of bridges that can be made between blockchains is infinite thereby the number of assets that can be listed on a DEX is also infinite. In reality though there are only bridges between the major blockchains available at the moment. This still provides plenty to chose from. According to Coinmarketcap there are currently [935 coins](https://www.coingecko.com/en/exchanges/uniswap#:~:text=Currently%2C%20there%20are%20938%20coins,a%2024h%20volume%20of%20%24319%2C357%2C719.14.) available to be traded on Uniswap and [3,223 coins](https://www.coingecko.com/en/exchanges/pancakeswap) on PancakeSwap. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

> Stoppable and centralized Just like Ethereum, e.g. the DAO rollback. That was worse. It was intentional.

Mentions:#DAO

No, and neither does anyone because that's not what happened... When a chain is 'rolled back', as the term implies, it is reverted to an earlier state. If you sent an ETH today and then tomorrow the chain was reverted back to Monday, then that ETH would be back in your wallet. Everything that happened after the date you're rolling back to is undone. That is not what happened. After The DAO exploit there was an irregular state change, brought in by a hard fork, that took the ETH stolen by the hacker and returned it to the people it was stolen from. No other transactions were affected, the chain wasn't wound back to a previous state.

Mentions:#ETH#DAO

You seem to have a fundamental misunderstanding of blockchain tech and/or what’s happening right now. When satoshi was mining, he did not have 30,000 other miners also mining and fighting him for consensus. He was the consensus. So obviously, yes in a scenario where ETH validator or BTC miner is the ONLY one in existence, it would be able to. Unfortunately, that’s NOT current reality for Solana (or any blockchain at the moment). You need to understand that solanas validators ARE NOT OFFLINE. They are indeed online, it’s just the SOFTWARE that they are running has encountered a bug which halted block production. This would be akin to the Bitcoin roll back of 0.8 back to 0.7. Or the ETH DAO roll back. You need CONSENSUS to do it. Even if in your mind someone out there is running the unbugged software that does not mean that software and client has consensus. This has NOTHING to do with proof of history. This has everything to do with CONSENSUS. There is only 1 main client for solana. Until the chain has majority of its validators update its software (IE from 0.1 to 0.2) then we will be stuck halted on 0.1 until 0.2 gains consensus. This is in line with both BTC and ETH.

Hard fork software updates are completely centralized, and severely degrades the decentralization integrity of the blockchain. However this death loop patch scenario is even worst than the Vitalik DAO incident, because the attack is easily repeatable while DAO was abandoned and the vulnerability was managed. If BTC devs are issuing patches every few weeks to artificially induce difficulty readjustments this is no different than the federal reserve board of governors sitting down and unilaterally dictating monetary policy.

Mentions:#DAO#BTC

**You said so much and yet said fuck all mate.** I’ll lay it out easy for ya: 1. What’s the unique concept? 2. How’s it community driven, DAO voting, community funded? 3. What are the innovative tokenomics? 4. How’s it transparent when you can’t even tell us the above in your own post 😂 **Proof read your ChatGPT 3.5 copy pasta before using it, bro.**

Mentions:#DAO

Volta Club (re-done DAO from the ashes of TIME/WMEMO) is doing well this year with a long term plan and solid team! Might finally break even again haha!

>just a few bucks on 18~~k~~ On 18 Eth / day I think Lido DAO has ad-hoc multisig in place ... should be ok for the locked funds, since they have so much (21bn now) ... if they drop, it would mean a disaster for all Eth holders, not just Lido staked Eth holders.

Mentions:#DAO

tldr; Lido DAO, a liquid staking protocol, is nearing a significant milestone with nearly 10 million Ethereum (ETH) staked. The protocol holds 9.49 million ETH, which is 72% of all liquid-staked Ethereum, valued at around $21.76 billion. This growth has occurred despite the Ethereum Shapella upgrade that allowed stakers to withdraw ETH. Lido DAO ranks among the top three institutions for ETH withdrawals since the upgrade. The number of Ethereum validators queuing has also increased, with over 6,000 waiting to join the system. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#DAO#ETH#DYOR

The Uniswap DAO does not have an ownership interest in the Uniswap frontend, or the github repository; those remain owned by Uniswap Labs (along with the underlying copyright to the uniswap smart contract and frontend software). So a github feature request was the appropriate venue to raise the issue. The problem i see (which the author raises) is one of process; the feature request was closed without comment. See https://github.com/Uniswap/interface/pull/4418/commits

Mentions:#DAO

We're kicking off again; governance voting is back; DAO type thing getting set up; distributions back on the menu; banners booked out well in advance; heading into the alleged bull market. The only weird thing is that weird moon sell wall I saw the other day at around .13 - who'd be selling there? Makes very little sense

Mentions:#DAO

An ERC-20 token is just a token. **Why** it is created in the first place can vary, and is entirely up to the creator. Maybe you want to create one for shits and giggles, like a meme (PEPE). Maybe you want to create one as an emissions token to bootstrap pool liquidity. Or represent voting rights for a DAO. Or represent an asset from another chain (bridged asset). Or represent the native coin. There are no rules for **why** someone creates an ERC-20 token.

Mentions:#PEPE#DAO

It's the opposite of absurdity. Blocking hackers and scammers is the only way to for crypto to move forward. It's way too insecure for anyone right now, even if you have the best private key management and do not connect any sites to your wallet you can still be a victim if the protocol you invest in gets drained. It happens every day. Censoring the hackers and scammers is a good thing, even if there will be loopholes and workarounds. Its Worthwhile making their activities as hard as possible. I agree such penalties should be decided by the community, but wait Uniswap is a DAO so they do have public governance. so I wonder why hasnt Mr zoltu created a governance proposal for replacing the infura RPC with his personal one ? Probably because he knows the community would have rejected such bullshit.

Mentions:#DAO#RPC

You guys should check Syncus DAO

Mentions:#DAO

Instead of burning why doesn't it get deposited into another wallet so it can be recirculated? Or is that one of the things that'll be developed after the $1100 legal spend for the DAO?

Mentions:#DAO

No, just because you want to break a law doesn't mean the DAO has to allow you to break the law. There'll be workarounds just like there are on the clearnet, plus maybe in future there will be similar-ish projects which aren't as obsessed with performance and allow literally every shit computer to serve as a node and serve data (Dfinity had the idea of creating a subnet or multiple subnets called 'Badlands' for this but it seems to be nixxed for now. The ancient project Maidsafe sounds VERY like what Badlands aimed to be and I think the a beta released recently - I'm curious to see what happens when that fully releases cos that project was a former top 5 coin and is now #3669 after a decade of no news but lots of work.

Mentions:#DAO