AladdinDAO (ALD) is a decentralized network that leverages crowd wisdom to identify and optimize DeFi investments. More
| Fully Diluted Valuation | $12.37M |
|---|---|
| 24H Trading Volume | $83,250 |
| 24H Low / High | $0.07 / $ 0.09 |
| Circulating Supply | 149.83M |
| Total Supply | 149.99M |
| Max Supply | 150.00M |
| Categories | Alameda Research Portfolio 2 more |
|---|---|
| Founder | Anonymous |
| Website | aladdin.club |
| Socials | 2 more |
| Chains | Ethereum Ecosystem |
| Explorer | Ethplorer 2 more |
| Contracts |
0xb26....02a8d
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| Name | Pair | OG Score |
|---|
AladdinDAO (ALD) is a decentralized platform that helps investors make smarter decisions in the world of decentralized finance (DeFi). By using the combined knowledge of its community and a group of DeFi experts called the Boule, AladdinDAO aims to find and support promising DeFi projects.
How It Works
AladdinDAO connects DeFi projects needing liquidity with investors looking for reliable opportunities. The Boule, a council of experienced DeFi professionals, reviews and selects the best projects. Boule members earn ALD tokens as rewards for their work.
The DAO Mining System
The DAO mining system generates 80% of ALD tokens through yield farming. Of this, 31% is used for DAO mining, where Boule members are rewarded based on their contributions and the success of their recommendations.
Governance and Voting
The Boule members are chosen by both early supporters (called talent hunters) and community votes. They are reviewed regularly to ensure they are performing well. Members are incentivized to vote wisely, as their rewards depend on the quality of their votes.
Token Distribution
There is a total supply of 999,978,240 ALD tokens. Here's how they are distributed:
80% for mining, with specific portions for Boule members, talent hunters, and strategy developers.
1% for airdrops.
4% for liquidity bootstrapping.
15% for community reserve, with part for Boule Plus members.
Security
ALD tokens are based on the Ethereum blockchain and follow the ERC-20 standard. The project has been audited by Certik and PeckShield to ensure its security.
Conclusion
AladdinDAO aims to make DeFi investments easier and more reliable by using a collective approach to identify and support valuable projects. Its system of expert reviews and community involvement helps investors find trustworthy opportunities in the DeFi space.
AladdinDAO (ALD) is unique for its decentralized approach to DeFi investment, leveraging collective wisdom through its Boule council to identify and optimize promising yield farming projects, reducing information asymmetry and guiding retail investors.
AladdinDAO (ALD) does not have traditional founders; instead, it is supported by prominent figures and organizations in the crypto and DeFi space, including Alameda Research, Polychain Capital, and notable DeFi veterans.
AladdinDAO (ALD) is backed by major names in the crypto industry, such as Polychain Capital, Alameda Research, and influential figures like Robert Leshner and Kain Warwick, along with early supporters and talent hunters.
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