OrcaDAO is the first native Stablecoin (AVAI), and Governance token (ORCA) pair that allow for lending using crypto collateral at 0% interest, built on and for the Avalanche Network. The protocol centers around the production, maintenance, and sustained equilibrium of AVAI around a stable value, which will be used by the DeFi community for a multitude of use cases - such as Loans and Yield Farming - with a high level of confidence by using >100% crypto collateral.
The ORCA token is the big brother of the AVAI stablecoin, and is a governance token for the OrcaDAO. ORCA is an ERC20 token, intended to make it's holders part owners of the DAO. It's primary function will be governance and ownership of the DAO, meaning governance abilities including proposing, and voting on initiatives intended to better the health and direction of the DAO.
The primary incentives for holding the ORCA token will be the reception of distributed revenue from ecosystem fees, and governing/optimizing the DAO to incentivize long term sustainable decisions.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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