Review on DXdao by Bünyamin Sevinç
DXdao
In my article today, I will talk about DXdao, one of the projects of the week. First of all, DXdao is an organization or a corporation. You can say either. But it is not central. Their main goal is to develop DeFi protocols and products. It is also managing and growing them. Let's look in more detail;
5 tokens are used in the DXdao economy. DXD, REP, GEN, GNO and OWL.
Additionally, additional utilities such as product bundle rights and discounts can be added to the DXD token.
You also have many economic claims. Including gas-free transactions, free anonymization of assets, low transaction fees on DEX protocols, and more.
I can say that the project consists of talented members. Because many developers from Loopring, Gnosis and Ethereum are also included.
In addition, a holographic consensus system is used within the project. The goal is to address consensus, scaling issues. This allows DAO to make quick decisions.
What I like most is that DxDAO members are currently developing a growing collection of defi applications. . The eco system includes: DutchX Trading Protocol, Mixeth, Omeneth, Mesaeth, DxSwap, and DxPay.
As a result, DXdao does not have a boss. Members find consensus through voting. And it is fair. Because all members have equal access to information. Nobody can speak alone. In addition, access is unauthorized and increases the collective's knowledge and effectiveness. I think this will be the biggest indicator on the road to success.
Thank you to everyone who reads and those who do not.
Pros
- There is no hierarchy. So there is no boss.
- Equal knowledge for all
- Access is unauthorized
- Many economy claims on DXD token
- Has talented and developer members
- They develop many burial practices.
Cons
- Not for now
New products
Comments (1)
December 03, 2020
You have explained many of the economy claims of the DXD token. Yes, it is very revealing, but I think it should have more functionality. Of course, besides this, the lack of hierarchy is part of the equality.
