Spiral DAO Project Introduction, Team, Financing and News

Performances

Comparison

Investment

Follow Updates

Details

Spiral DAO 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. Spiral DAO is built to be the most capital-efficient DAO to exist within the veTokenomics and yield farming ecosystem. The two-token model of Spiral DAO consists of the COIL and SPR tokens.

Tags:

DeFi

Yield aggregator

Ecosystem(1):

Ethereum

Founded:

2022