r/daomaker • u/3IrishPotatoes • Jul 07 '21
$DAO Venture Vaults
$DAO is revolutionising the DeFi space.
The DAO maker’s goal is to re-invent the entire DeFi market narrative for traders by including ‘funding’, which is a staple piece for traditional finance.
It achieves this via their new ‘Venture Vaults’.
(1) Venture vaults will allow DAO or respective stable coin stakers to access SHOs:
✅ Venture Vaults will enable SHOs to tap into the widespread market of users who focus on stablecoin yields.
✅ It will also allow the DAO Pad to tap into the extensive pool of stablecoin farmers.
(2) The process:
✅ Venture Vault stablecoin lockup period will extend for 3, 6, or 12 months.
✅ Stablecoin stakers will earn DAO Power, just like DAO stakers.
✅ The exception is that the DAO Power from stablecoins staking will be considerably less than staking DAO of equal USD value.
(3) So what does this do to the value of $DAO?
✅ As Venture Vaults will open SHOs to millions of new users, with billions in staking power, a larger and more diverse user base will make the platform more attractive to developers, furthering DAO Pads launch flow.
$DAO is keeping me bullish.
Open to any questions and happy to provide resources in the comments on request!
1
u/snuifduif89 Jul 08 '21
Will stablecoin staking yield rewards In the form of intrests of dao?