CitaDAO KNIGHT Price $ 0.00159

CitaDAO is a Decentralized Finance (DeFi) platform for Real Estate to be tokenized on-chain, built on the Ethereum ecosystem. CitaDAO aims to solve the lack of liquidity, access limitation, and lack of composability in the existing real estate ecosystem by creating interoperability with other DeFi applications/primitives that operate on the Ethereum protocol.

CitaDAO has developed a legal structure that will legitimately confer the right to redeem the underlying real estate with the real estate token while leveraging DeFi to introduce liquidity for real estate on-chain. CitaDAO will enable sustainable DeFi Yield farms powered by real estate to be introduced on-chain for the DeFi community to ape in to and hedge against volatility and inflation on-chain. CitaDAO Introduce Real Estate On-chain (IRO) while the IRO Process. Each time an IRO completed successfully, a new sustainable DeFi Yield farm would be created for the DeFi community to ape into.

Knight Token is the governance token of the CitaDAO Platform. Knight accrue value in 3 ways. Firstly, 2% of all Real Estate Tokens created during a successful IRO will be deposited into the CitaDAO treasury. Secondly, as more and more DeFi projects integrate with the CitaDAO platform and increase the use cases for the Real Estate Tokens, the Real Estate Tokens held in the CitaDAO treasury will accumulate value. Last but not least, the Knight Token governance rights of the CitaDAO platform will enable DAO members to dictate governance policies to drive demand for the Knight Tokens.