DXdao is a decentralised autonomous organisation (DAO) that operates on the Ethereum blockchain. It is designed to manage and govern decentralised finance (DeFi) protocols and applications. The DAO uses a governance model where token holders can participate in decision-making processes, making it a community-driven project focused on promoting DeFi protocols and financial transparency.
DXdao works using the Ethereum blockchain and leverages the DAOstack framework for decentralised governance. Decision-making is facilitated through reputation (REP) tokens, allowing it to operate with a consensus mechanism akin to Proof of Stake. DXdao utilises smart contracts to ensure on-chain governance and management of DeFi protocols, making all transactions and decisions transparent and secure.
DXdao has multiple use cases, including:
DXdao was co-founded by Gnosis and DAOstack, with a focus on managing and governing DeFi applications on the Ethereum blockchain. It has evolved to manage multiple decentralised finance protocols, and it is involved in broader DAO ecosystems like the ENS DAO. While not detailed in major updates or forks, its growth has occurred parallel to the wider evolution of DAOs, which have expanded significantly in assets and membership since their inception.
The DXdao price is $382.88 AUD, representing a +0.21% from the day prior.
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The trading volume of DXdao (DXD) is $23 AUD in the last 24hrs, representing a +0.21% from the day prior.
DXdao (DXD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of DXdao (DXD) is $3.5M AUD.
Yes - With Coinstash you can convert your DXdao (DXD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of DXdao (DXD) is 23.5K.
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