BTSE is pleased to bring DAO Maker (DAO) onto its platform on December 8, 2022, adding to the selection of quality digital assets available to global BTSE users Additionally, DAO Maker will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Post-listing, more users around the world will be able to buy and trade DAO tokens.
About DAO Maker (DAO)
DAO is the native token of DAO Maker, an IDO launchpad regarded as one of the most reliable incubators for growing blockchain projects and crypto startups. IDO stands for Initial DEX Offering, a popular crowdfunding model where Web3 companies can launch their native tokens on decentralized exchanges and Automated Market Makers (AMMs) to seek funding. DAO Maker boasts over 200,000+ KYC’d users and recently moved from the Ethereum blockchain to the BNB Chain.
Some of the more prominent projects launched on DAO Maker include My Neighbor Alice (ALICE), Orion Protocol (ORN), and Dafi Protocol (DAFI). In addition to its project launchpad, DAO Maker provides a range of additional services, including DeFi farming and DAO Swap, a decentralized exchange.
What will DAO’s listing proceeds be used for?
DAO tokens power the platform’s ecosystem, but what can users do with them? Users can stake DAO tokens to participate in public offerings on the DAO Maker platform, community launchpads, and ecosystem governance, as well as earn yield from DAO Maker’s vaults.
Going forward, DAO Maker plans to add more utility to the DAO token, giving its holders more benefits and rights to participate in its ecosystem.
DAO currently has a circulating supply of around 126 million tokens out of 277 million, and is trading at $0.84 as of December 8, 2022.
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Deposit DAO here.
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