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SquidDao

SquidDao SQUID Price N/A

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DeFi

SQUID Price

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General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Description

SquidDao is a decentralized reserve currency protocol based on the SQUID token

SquidDao (SQUID) Chart

The SquidDao to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

ATH Market Cap

$ 108.63M

Max Supply

SQUID 65.00

Total Supply

SQUID 265.00

Listing Date

18 Nov 2021

All Time High

$ 999,971

22 Nov 2021


All Time Low

$ 261.97

25 Jul 2022

SquidDao Price Analysis

What is SquidDao (SQUID)?

SquidDao is a decentralized reserve currency protocol based on the SQUID token. SQUID protocol was inspired by OlympusDAO. Each SQUID is backed by a basket of assets (e.g. ETH) in the SQUID treasury, giving the token an intrinsic value that it should not fall below. SQUID DAO will leverage similar staking and bonding dynamics of OlympusDAO.

SquidDao has two main missions. 

  • The first is to be the ultimate fair launch project. Leveraging Nouns Dao auction mechanism, SQUID DAO launched enabling anyone to bid and participate in its initial offering, regardless of connections and status. Also, the NFT auctions are also spread out over several days, spanning all time zones, so that everyone anywhere can take part
  • Secondly, SQUID DAO aims to shift people's perception of value by pricing everything in ETH, rather than US dollars. Eth is money, so let's start treating it that way.

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