What is Aladdin DAO? Aladdin DAO can be considered a Yield Farming platform built on individuals with extensive experience and experience in DeFi. To better understand the Aladdin DAO project, people can refer to some of the articles below:
- What is Clever (CLEV)? Clever Cryptocurrency Overview
- What is Concentrator (CTR)? Concentrator Cryptocurrency Overview
- What is Curve Finance (CRV)? Curve Finance Overview of Cryptocurrencies
- What is Convex Finance (CVX)? Overview of Cryptocurrencies Convex Finance
So what is interesting about the Aladdin DAO project that has made so many investors interested recently? Let’s find out together in the article below!
What is Aladdin KNIFE?
Overview of Aladdin DAO and the ecosystem of Aladdin DAO
Aladdin DAO is a collection of individuals and experts in the DeFi field, through whom the platform finds potential projects, unusually high yield sources or stable profits thereby helping platform users earn money. Profit safely in the DeFi market full of risks.
The Aladdin DAO ecosystem includes 2 protocols:
- Concentrator: Is a profit optimization platform for investors holding CVX tokens of Convex Finance.
- Clever: Clever is a platform that allows users to use yield sources in the future. This yield source can be taken to farming or continue to be deposited into the platform to gain new yield sources in the future. This form is similar to using leverage.
Members participating in Aladdin DAO
Membership in Aladdin DAO includes 2 main components:
- Boule Members: These are the most important members in Aladdin DAO. They are people with experience and experience from DeFi to TradFi, Boule Members’ role is to identify potential trending projects and markets to help the protocol earn profits based on the liquidity of participating members. contribute.
- Boule Plus Members: Are reserve members for Boule Members
- DAO Members: Are participating members using a protocol and platform that is open to welcoming the entire community.
Launched Aladdin KNIFE V2
Some of the strategies that Aladdin DAO V2 includes:
- Primary Strategy: Buy bonds to receive the project’s native ALD token at a discounted price.
- Secondary Strategy: Participate in staking to earn more profits is ALD.
- Liquidity Strategy: Has an operating mechanism quite similar to Olympus DAO with POL mechanism meaning Protocol Owned Liquidity.
- Floor Price Strategy: This is a strategy that helps ensure the price of ALD is not lower than the total reserve assets in Tresury. If it is lower, the Treasury will spend money to buy back ALD until the value of ALD is equal to or higher than the assets in the Treasury.
Development Roadmap
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Core Team
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Investor
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Tokenomics
Information about the token of Aladdin DAO
- Token name: Aladdin DAO
- Code: ALD
- Blockchain: BNB Chain
- Token classification: ERC 20
- Contract: 0xb26c4b3ca601136daf98593feaeff9e0ca702a8d
- Total supply: 1,000,000,000
Token Allocation, Release & Use Case
5% of the total ALD supply is allocated to ALDDAO holders who have supported and contributed to the project early on. The remaining 95% will be the reward reserve for boules, boule plus and talent hunters.
Aladdin DAO’s Information Channel
- Website: https://aladdin.club/
- Twitter: https://twitter.com/AladdinDAO
- Medium: https://medium.com/aladdindao
- Telegram: https://t.me/aladdin_dao
- Github: https://github.com/AladdinDAO/
- Discord:
Summary
It can be said that the operating model of Aladdin DAO is relatively old, but with new projects in its ecosystem, the future of Aladdin DAO will mainly be placed on two strategic products of the platform including Concentrator and Clever.
And above, I have explained what Aladdin DAO is and if you have any questions about the project, you can comment below so we can discuss!
