
coreDAO COREDAOPrice $ 0.661
COREDAO Price
General Info
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Ethereum
coreDAO (COREDAO) Chart
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What is coreDAO (COREDAO)?
CORE is a non-inflationary cryptocurrency that is designed to execute profit-generating strategies autonomously with a completely decentralized approach. In existing autonomous strategy-executing platforms a team or single developer is solely responsible for determining how locked funds are used to generate ROI. This is hazardous to the health of the fund as it grows, as it creates flawed incentives, and invites mistakes to be made. CORE does away with this dynamic and instead opts for one with decentralized governance.
CORE tokens holders will be able to provide strategy contracts and vote on what goes live and when, in order to decentralize autonomous strategy execution. 5% of all profits generated from these strategies are used to auto market-buy the CORE token.
CORE is designed for great community governance. The community decides everything, from developer fees, to deciding on the fee approver contract, adding new pools, rebalancing, and even disabling pools in the CORE
cLEND is coreDAO's lending product which allows users to take out loans against a variety of tokens. coreDAO holders can adjust fees, collateral types and push updates to the cLEND contract.
coreDAO Price Today
coreDAO's All Time High (ATH) of $ 19.60 was reached on 3 Feb 2024, and is currently -96.6% down.
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