Orca DAO ORCA Price $ 0.000126

OrcaDAO is the first native Stablecoin (AVAI), and Governance token (ORCA) pair that allows for lending using crypto collateral at 0% interest, built on and for the Avalanche Network. The protocol centers around the production, maintenance, and sustained equilibrium of AVAI around a stable value, which will be used by the DeFi community for a multitude of use cases - such as Loans and Yield Farming - with a high level of confidence by using >100% crypto collateral.

ORCA token is the big brother of the AVAI stablecoin and is a governance token for the OrcaDAO. ORCA is an ERC20 token, intended to make its holders part owners of the DAO. Its primary function will be governance and ownership of the DAO, meaning governance abilities including proposing, and voting on initiatives intended to better the health and direction of the DAO. The primary incentives for holding the ORCA token will be the reception of distributed revenue from ecosystem fees and governing/optimizing the DAO to incentivize long-term sustainable decisions.