Name: ImmortalDAO Finance
SKU: IMMO
Price: 0.501855047519 USD

Immortal is a decentralized reserve currency protocol on Celo blockchain based on the IMMO token. Each IMMO token is backed by a basket of assets such as mcUSD, mcEUR &amp; CELO in the Immortal reserves, giving it an intrinsic value that it cannot fall below. Immortal also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.&nbsp;At the moment, there are only two main strategies for investors: staking and bonding. Stakers stake their IMMO tokens in return for more IMMO tokens, while bonders provide Liquidity Pool (LP) or mcUSD tokens in exchange for discounted IMMO tokens after a fixed vesting period. Those who hodl sIMMO can cast votes on important community decisions like Audits, Listings, and Fund Management. Proposals are called Immortal Improvement Proposals (IIPs).

ImmortalDAO Finance

Immortal is a decentralized reserve currency protocol on Celo blockchain based on the IMMO token

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ImmortalDAO Finance IMMO

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