DAO Finance is a First Hybrid Decentralized Finance (DeFi) Protocol that aims to bridge Fixed-rate and Leveraged-yield DeFi Products through Multichain functionality
DAO Finance will be a marketplace for hybrid decentralized and traditional financial products to address prominent market gaps.
The objective of DAO Finance is to help investors of different profiles have risk-adjusted return through fixed-rate and leveraged-yield DeFi products.
There are many crypto holders seeking for the fixed-rate APY without default risk.
There are many yield farmers searching for higher yield farming APY with high leverage.
The market makers providing liquidity in structured finance pools will be rewarded with DAOFIN tokens.
$DAOFIN tokens will be the incentive for the real users and voters.
$DAOFIN token will be paid to future innovative products and solutions.
DAO Finance will firstly be built on Ethereum and Binance Smart Chain. The DAO Finance V2 is planned to be integrated onto Polkadot using the Substrate Framework. The network will support DeFi multichain interoperability.
DAO Finance represents deposits and bonds using ERC-721 standard NFT (non-fungible tokens). This means that users can transfer them between accounts and put wrappers around them to add more features.
Token holders and delegates can propose and vote on upgrades. The larger number of tokens means more voting power. The project doesn't earn any fees from the services.
DAO FINANCE Network is ultimately an ecosystem of DeFi products with risk-adjusted return. The products are mainly focusing on structured finance purposes. In the long run, the project will involve real-world assets to better the performance.
DAOFIN is the utility token in the protocol. It plays the role as protocol fees and system incentives. It is also used as future innovative products grants and solution rewards.
DAOFIN TOKEN is the governance token of the protocol. Token holders can create and vote for proposals. The project will be governed by communities completely using Quadratic Voting.
