0xDAO OXD Price N/A

0xDAO is DAO that will serve as liquid proxy votes for Andre Cronje’s SolidSwap Protocol. Once trading commences, yields collected from ve(3,3) emissions-based voting will be re-distributed between the treasury and stakers. The utility of OXD will serve as liquid proxy votes for Andre Cronje’s SolidSwap Protocol, presuming 0xDAO is able to reach the Top 20 and receive an NFT with voting power. Holders of OXD will be able to stake it and then vote on how the voting power should be used, i.e. what pairs to incentivize.

OXD holders will be able to vote on how the treasury is allocated, including (but not limited to) the purchase of other ecosystem tokens through a classical bonding mechanic used by Olympus Dao. We anticipate that as more voting power is acquired by 0xDAO through its treasury — other protocols will be willing to incentivize liquidity with ve(3,3) and will look to bribe 0xDAO participants (i.e. OXD holders). Further, 0xDAO’s decentralized treasury management; profit capture potential through various revenue-generation means, could serve to grow 0xDAO’s holdings of ve(3,3) over time. The aim of 0xDAO is to provide a fully decentralized infrastructure, one that maximizes profits, capital efficiency, and voting power for 0xDAO, creating a free market for established protocols on Fantom looking to increase liquidity.