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SpiralDAO Coil

SpiralDAO Coil COILPrice N/A

COIL Price

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General Info

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# Inactive

Description

SpiralDAO is a Decentralized Autonomous Organization (DAO) dedicated to acquiring the most relevant and important DeFi governance tokens

SpiralDAO Coil (COIL) Chart

SpiralDAO Coil price Index provides the latest COIL price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

All Time High

$ 2.61

4 May 2023


All Time Low

$ 0.425

25 Nov 2024

Trending SpiralDAO Coil Fiat Pairs

What is SpiralDAO Coil (COIL)?

SpiralDAO is a Decentralized Autonomous Organization (DAO) dedicated to acquiring the most relevant and important DeFi governance tokens within a single community-controlled DAO Treasury.

Similarly to yield aggregators (such as Yearn, Beefy, and Harvest), Spiral DAO aggregates liquidity, but instead of continuously selling reward tokens from third-party protocols, Spiral DAO redirects and secures them within the DAO, thus reducing the selling pressure and circulating supply of tokens of the protocols it supports.

Spiral DAO distributes native SPR reward tokens to its users, providing an additional yield boost and incentive for Liquidity Providers (LPs) to pool their liquidity and contribute their yield within the Spiral DAO treasury. This process is known as 'Yield Bonding.'

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