Trend of Hot Index Change
Spiral DAO
Details
Spiral DAO is a Decentralized Autonomous Organization (DAO) dedicated to acquiring the most relevant and important DeFi governance tokens within a single community-controlled DAO Treasury. Similarly to yield aggregators (such as Yearn, Beefy, and Harvest), Spiral DAO aggregates liquidity, but instead of continuously selling reward tokens from third-party protocols, Spiral DAO redirects and secures them within the DAO, thus reducing the selling pressure and circulating supply of tokens of the protocols it supports. Spiral DAO distributes native SPR reward tokens to its users, providing an additional yield boost and incentive for Liquidity Providers (LPs) to pool their liquidity and contribute their yield within the Spiral DAO treasury. Spiral DAO is built to be the most capital-efficient DAO to exist within the veTokenomics and yield farming ecosystem. The two-token model of Spiral DAO consists of the COIL and SPR tokens.
Related News
How do you feel about Spiral DAO today?
Total Votes 945

Similar Projects

Yearn Finance
Decentralized Asset Management Platform

DSF.Finance
Stablecoin strategy income platform

WiseLending
Decentralized yield protocol

Derby Finance
Yield optimizer

DFI.Money
Decentralized yield farming aggregator

Idle
Yield aggregation platform

Amphor
LRT Yield Optimizer

Bolide
Decentralized yield aggregator