Article Summary, Automatically Generated By AI
Summary of DXdao
- DXdao is a collective that builds and governs decentralized products and services.
-
Product suite:
- Omen: prediction market
- Swapr: governance-enabled AMM
- Mesa: front-running resistant DEX
- Rails: Layer 2 payment portal
-
Governance system:
- Reputation-based
- Voting power is non-transferrable and cannot be bought
-
DXD token:
- ERC20 token
<li
About DXdao: A Revolutionary Decentralized Autonomous Organization
DXdao defines itself as a decentralized collective that constructs and governs
Decentralized solutions and innovative offerings that empower individuals and foster a culture of autonomy.
Its current product suite boasts:
Omen, a visionary prediction market platform.
Introducing Swapr, a pioneering decentralized exchange that converges the benefits of governance and automated market making (AMM) to create a novel trading experience.
Mesa, a pioneering decentralized exchange (DEX) engineered to thwart front-running.
Rails, a cutting-edge Layer 2 payment gateway.
DXdao employs a reputation-based governance system, wherein voting power
The DXD token is non-transferrable and cannot be purchased. As an ERC20 token, it serves as the backbone of the DXdao ecosystem, granting holders a claim to a proportion of revenue generated by DXdao products. Notably, DXdao operates entirely on-chain, minimizing its dependence on third-party entities. The platform exercises control over its products through the Ethereum Name Service (ENS) and manages its treasury via binding, on-chain votes, ensuring a high degree of autonomy and transparency.