🎯 420 DAO in less than 60 seconds!
Coming at you with the mission to collectively build the right decentralised digital future for everyone.
🧩Daily Auctions
🧩Grow the Treasury
🧩Staking Reward
Explore the app 👉 https://t.co/10EHwo76ex
#Avalanche#altcoin#cryptocurrency
I'm helping test @friendtech, the marketplace for your friends on Base 🐰
Get the app and search for my Twitter username to be an early holder of my keys 🤗
We are talking about Harmonic Rewards🎖
To incentivize a long-term mindset from committed #DAO members, the unstakers are charged a percentage of their #staking reward, which is then redistributed among the remaining stakers.
Now that's cool!
#cryptocurrency#Crypto#Rewards
👉Market cap allows you to compare the total value of one cryptocurrency with another so you can make more informed investment decisions.
👉It can indicate the growth potential of a cryptocurrency & whether it is safe to buy, compared to others.
#cryptocurrencies#cryptocurrency
This may not be a sexy answer but it is a real one - do your research to select worthwhile assets.
How? Check:
🎯Previous all-time highs
🎯Price history & how well it has recovered in earlier crashes
🎯Roadmap, tokenomics & any new recovery announcement
#cryptocurrecy#Bitcoin
#1 Thanks to the existence of the DAO-owned & asset-backed Treasury, the token price can never go to zero
#2 It is promising to see the DAO maintaining a stable treasury & total market cap. This is a good sign & shows that holders stay put & believe in the token's tokenomics
The double-halving or tapering is a mechanism that halves the number of issued tokens and the duration of each phase. This introduces more stability and hardens the Store of Value property of the tokens. Cool, isn't it?
#Crypto#AVAX#DAO#Tokenomics
But how? Usually, treasuries will thin out due to prices dropping, which forces DAOs to trim the fat & take a longer-term outlook on how to sustainably use their treasury. Various small adjustments can be very effective, like reducing paid services & memberships
#cryptomarket
420 DAO's Multisend App is ready to use.
🌟Why should you care?
If you are looking to send coins or tokens to multiple wallets in one action (i.e.batch transfer). Then this app is for you.
Access app 👉 https://t.co/UKl3Nz2VjQ
#cryptocurrency#DAO#Crypto#CryptocurrencyNews
🌱The capital committed in the daily auctions forms the treasury
🌱The treasury is a pool of assets owned by the DAO & its token holders
🌱The treasury can be used to buyback & burn the tokens
Wish to become a shareholder in the Treasury?👉https://t.co/10EHwo76ex
#Avalanche
The most simple way to maximize the number of 420, which also means maximising the share in the asset-backed Treasury, is to acquire 420 early & consistently maintain staking.
🌟You can get started👉https://t.co/10EHwo76ex
#Crypto#CryptoNews#Staking#StakingRewards#AVAX
Pros:
🌟Reduces emotional component
🌟Avoids bad timing
Cons:
🤔Market rises over time meaning that if you invest a lump sum earlier, it is likely to do better than smaller amounts invested over some time
🤔Not a substitute for identifying good investments
#CryptoNews#Crypto
The reliability of any project is not only determined by its utility. It is also determined by the measures it takes to ensure an optimum & secure future for its members.
We have deployed 3 layers of value protection for our members. Read👉 https://t.co/Iqsz8sDk4h
#CryptoNews
We are talking about Harmonic Rewards🎖
To incentivize a long-term mindset from committed #DAO members, the unstakers are charged a percentage of their #staking reward, which is then redistributed among the remaining stakers. Now that's cool!
#cryptocurrency#Crypto#Rewards
2 reasons why you should stake your 420 tokens:
🎖Staking rewards are paid only to the stakers
🎖Harmonic reward system is present to make sure ongoing stakers get additional rewards from the unstakers
Stake your tokens 👉 https://t.co/JHKnmniPiS
#cryptocurrency#StakingRewards
Access the link to calculate the value of your 420 DAO membership via your direct token ownership & share in the Reserve pool.
Formula available here 👉 https://t.co/Tx2kl7dPHO
#Crypto
After the first 420 days, one proceeds to the double-having phases. The second phase will last 210 days, with the token emission halving to 210,000 tokens per day. The relative allocation of tokens and assets stays the same as in the first phase.
#DAO#Tokenomics#Crypto
The double-halving or tapering is a mechanism that halves the number of issued tokens and the duration of each phase. This introduces more stability and hardens the Store of Value property of the tokens. Cool, isn't it?
#Crypto#AVAX#DAO#Tokenomics