ElasticDAO

ElasticDAO

Created using Figma
Created using Figma
I am an experiment in fair governance. If I succeed, I will become the first DAO where money does not buy influence, effort is equal to liquidity, and free riders are nowhere to be found.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Sushiswap
    EGT/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 5 days ago
    $ 41.34
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    -
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  • Uniswap (v3)
    EGT/ETH 8 months ago
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  • Sushiswap
    EGT/ETH 8 months ago
    $ 243.66
    $ 30.587 K
    4.83%
    20.43%
To be announced
Additional Details
Categories
Platform

About ElasticDAO

The problem

The tragedy of commons is a problem that has haunted humans for centuries. It is a problem where each individual has the incentive to consume a resource. As rational human beings, people tend to maximize their personal winnings regardless of their negative impact on the community. Essentially, it's the desire to increase our assets without any limit in a finite system, leading to two diametrically opposite outcomes: a positive impact on the individual's value; and a negative impact on the community.

In the decentralized world, the tragedy of commons lines up with the free-rider problem. Free riders become a part of the community and then consume more than their fair share at the community's expense, or pay less than their fair share of the costs borne by the community. It is one of the main challenges in the crypto world, with projects worth millions managed by less than 1% of their stakeholders.

The solution

ElasticDAO is a governance protocol that attempts to balance the competing interests between the different participants in a decentralized ecosystem. ElasticDAO achieves this by reducing the overall influence that money and early adopters have in existing DAO governance models.

We believe that aligning personal and community goals can give everyone a level playing field within the constructs of the DAO. ElasticDAO rewards behavior that strengthens the community and enables the token holders to take action against selfish actors, when those actions weaken the collective.

Activity

Followers:
3 293
MEDIUM
Tweets:
394
HIGH
30 Days Growth:
29
Year commits:
388
Watchers:
28
Stars:
20
Forks:
10
Open issues:
23

ElasticDAO Last News

$ 43.12
Crypto Stats
Daily, %:
Weekly, %:
347.52%
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
Ticker:
EGT
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