CitaDAO (KNIGHT) is a DeFi platform that tokenizes real estate on Ethereum, creating liquidity and value. More
| Fully Diluted Valuation | $11.99M |
|---|---|
| 24H Trading Volume | $53 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 1.46 B |
| Total Supply | 10.00 B |
| Max Supply | 10.00 B |
| Categories | Ethereum Ecosystem |
|---|---|
| Founder | Felix Li |
| Website | citadao.io |
| Socials | 1 more |
| Chains | Ethereum Ecosystem |
| Explorer | Etherscan 2 more |
| Contracts |
0x354....516bc
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| Name | Pair | OG Score |
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CitaDAO is transforming real estate investment by using decentralized finance (DeFi) on the Ethereum blockchain. It addresses issues in traditional real estate, like low liquidity and limited access, by tokenizing properties and connecting them with DeFi applications.
Problems with Traditional Real Estate
Real estate is often hard to trade and requires significant capital. Tokenization projects have existed since 2017, but many lack ways to redeem tokens for actual property and have low liquidity. This makes it difficult for investors to sell their tokens or assert their rights.
CitaDAO’s Approach
CitaDAO solves these problems by providing a legal structure that allows real estate tokens to be redeemed for the actual property. This ensures the token’s value on-chain will not fall below the property’s real-world value. By adding liquidity and enabling tokenization, CitaDAO improves the efficiency of real estate investments.
DeFi Integration and Yield Farming
CitaDAO’s tokens are used in various DeFi applications, such as loans and stablecoins. This integration boosts demand and value for these tokens. Additionally, CitaDAO creates sustainable DeFi yield farms, providing a stable investment option that helps hedge against inflation.
The Knight Token
The Knight Token (KNIGHT) is the governance token for CitaDAO. It gains value in three ways: 2% of all new real estate tokens from successful Introduce Real Estate On-chain (IRO) processes go to the CitaDAO treasury; the value of these tokens increases as more DeFi projects use CitaDAO; and governance rights allow members to set policies that can drive up Knight Token demand.
Conclusion
CitaDAO is modernizing real estate investment by combining blockchain technology with DeFi. Its approach and the Knight Token offer a new way to invest in real estate, making the market more efficient and accessible.
CitaDAO (KNIGHT) uniquely tokenizes real estate on Ethereum, enabling liquidity and value through a legal structure that allows for property redemption and integration with DeFi applications.
The specific founder of CitaDAO is Felix Li.
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