dVest Labs is a decentralized autonomous organization (DAO)
Most cryptocurrency systems rely on a public distributed ledger known as a blockchain, which is essentially an ever-expanding list of records and is highly resistant to modification. As the name suggests, the blockchain is made of a linear block chain and, in the context of cryptocurrencies, it is responsible for keeping a permanent record of all confirmed transactions (and associated data) - all of which are secured by cryptography. In general, every cryptocurrency works on a blockchain that works according to a predefined set of rules (i.e. the underlying protocol). It is this protocol that defines how blockchain and cryptocurrency systems should operate.
What is DAO Labs dVest?
dVest Labs is a decentralized autonomous organization (DAO) operated by the community and its developers. All decisions are handled by a public voice, and all operations, finance, investment, ownership and decision making are 100% transparent, blockchain verifiable and fully decentralized.
dVest Labs DAO holds positions (up to 49%) in DAO from its creation projects, joint ventures, and subsidiaries in the dVest Ecosystem A Unique project, with a clear roadmap with an experienced and successful team. I watched the project from the start, watched the progress every day.
dVest (Decentralized Investment) initially started as a suspicion between the segment of people working on the advancement and improvement group behind the Crypto Price Index project. It started as a side business, developing a show called DeFiVest to earn and credit chain pragmatic DeFi and can manage ERC20 assets, BEP20 assets, and several other practical assets. Eventually this spread to the various progress projects, at the various meetings, along these lines, the all things considered meeting behind the CPI decided to "acquire" the project, embraced the inspection and repair meeting, and bent it all into a fully decentralized self-administration affiliate. . (DAO). dVest Labs DAO stands firm on the ground (up to 49%) in DAO from its mark, joint effort,
dDEXX.io is a dVest Labs-based robotic exchange (DEX) based robot market maker (AMM) based on the Ethereum and Binance Smart Chain associations, with Polygon support coming soon. dDEXX combines basic and fast exchange rates, profitable liquidity pools, and high APR yield fields, where customers can earn dDEXX tokens, exchange trading fees, and more.
dVest.io is a unified dVest computerized money exchange (CEX). dVest CEX customers can trade all leading advanced monetary standards combining BTC, ETH, DVEST, CPI, LTC, UNI, DOGE, ADA, XRP, DOT, BCH, LINK, XLM, TRX, XMR, XTZ and many more.
Crypto Price Index is undoubtedly a natural arrangement of the main symbols of its kind, which offers customers different options to gain wide acceptance into the advanced currency market through our 'CPIx' token. In contrast to different notes of its kind, the CPix token is a novelty in their system which shows token holders separate asset levels across the computerized parts of the money market. Pioneer tokens (CPI) are organizational tokens, which are used to demonstrate interest in the climate power of the CPix token. The CPIx tokens are backed by fragment assets, held via an extraordinary understanding escrow, and each CPIx token holds a secret asset that can be recovered at any point without pariah pooling.
DeFiVest [COMING SOON] — a non-custodial decentralized cash liquidity show to secure and advance token assets and earn in-store revenue.
OPTIONZ [COMING SOON] — DeFi decision stage that allows anyone to buy or sell decisions for any token, offer liquidity to any options market, and track/withdraw results at any point.
dSurance [COMING SOON] — a decentralized assurance event that covers the usual risks for crypto assets, boards, shops and other use cases. dSurance involves near-second liquidity for both the security buyer and the underwriter, ensuring predictable warranties, and guaranteeing candor through reasonable case sizes.
how do DAOs work?
DAOs operate using smart contracts, which are basically pieces of code that are automatically executed whenever a set of criteria is met. Smart contracts are used in many blockchains today, although Ethereum was the first to use them. These smart contracts define the DAO rules. Those with a stake in the DAO then gain voting rights and can influence the way the organization operates by deciding or creating new governance proposals.
This model prevents DAOs from spamming with proposals: Proposals will only pass after a majority of stakeholders approve them. How that majority is determined varies from DAO to DAO and is specified in the smart contract. DAOs are fully autonomous and transparent. Since they are built on an open-source blockchain, anyone can view their code. Anyone can also audit their built-in treasury, as blockchain records all financial transactions.
Why do we need DAO
Being an internet-based organization, a DAO has several advantages over traditional organizations. One of the significant advantages of a DAO is the lack of required trust between two parties. While traditional organizations need a lot of trust in the people behind them—especially on behalf of investors—with a DAO, only the code needs to be trusted.
Trusting the code is easier to do because it is publicly available and can be tested extensively before launching. Any action a DAO takes after launch must be approved by the community and be fully transparent and verifiable.
Such an organization does not have a hierarchical structure. However, it can still complete tasks and develop while being controlled by stakeholders via its native token. The lack of hierarchy means any stakeholder can come up with an innovative idea that the whole group will consider and improve. Internal disputes are often easily resolved through a voting system, according to pre-written rules in smart contracts. By allowing investors to raise funds, DAO also gives them the opportunity to invest in early-stage startups and decentralized projects while sharing any risk or profit that may result from them.
About Token
In addition, the following tokens play an important role in the 'dVest Ecosystem':
The dVestDAO token (dDAO) is the governance token for dVest Labs and its holdings. The dDAO holder chooses the direction of the organization and how the funds will be spent, and funds can only be spent by majority vote. dDAO holders share the profits generated by dDAO ownership and investment.
The dVest Labs Token (dLABS) is the governance token for the dVest Labs Venture Fund. All proceeds from purchasing dLABS tokens go directly to the dVest Labs venture fund, where dLABS holders choose which ventures to approve, and funds can only be spent by majority vote. All funds, distribution, investments, assets, ownership and decision making are 100% decentralized, public and blockchain verifiable. dLABS holders share the profits generated by dLABS investments.
The dDEXX token (DDEXX) is a reward token paid to users who provide liquidity and use farms/pools on dDEXX, dVest's decentralized exchange (DEX).
The CPI token (CPI) is a governance token, which is used to represent interest in the health of the CPIX token ecosystem.
CPIx tokens (CPIx) are backed by component assets, stored via escrow smart contracts. In order to print CPix tokens, component assets must be deposited into the balancing pool. Users can print CPix Tokens by depositing token assets, such as wrapped ETH or BTC. To redeem tokens, users can deposit their CPIx back into the smart contract, simultaneously receive their underlying asset and burn the CPIx specific to that contract, for example CPI5. The tokens will then balance themselves.
The dVest token ( DVEST) is the governance token for dVest CEX and related projects.
dDEXX
dDEXX is an AMM-based DEX that also uses the x*y = k model, also known as the constant product model, with modifications. It allows users to exchange two tokens based on Binance Smart Chain, Ethereum, or Polygon. These swaps are facilitated by LPs who provide liquidity to the pool. For every trade made on dDEXX, a 0.2% fee is paid. 0.17% goes to liquidity providers, and 0.03% goes to dDEXX treasury.
dDEXX is rapidly increasing its position in the DeFi space in terms of volume and daily active users, and is launching several new products and offerings over the next month in addition to the already popular yield fields, liquidity pools, and other products.
Accrual value
Liquidity providers (LP) earn 0.3% trading fees now. LPs can also stake their LP tokens in yield fields to earn additional variable interest rates for as long as their tokens are staked, to incentivize long-term liquidity provision.
- Last 30 days volume: $2.12M
- Asset balance across all smart contracts last 30 days: $1.56M
- Active Users Last 30 days: 575
- Outstanding Supply (non-treasury): 7,444,882.93 dDEXX
- Price per dDEXX on July 15, 2021: $0.007
- Value of dDEXX stored in the treasury on July 15, 2021: $5,517,018.74
About CPI
Crypto Price Index - the first token ecosystem of its kind, which provides an option for users to gain wide exposure to the cryptocurrency market through our 'CPIx' token. Unlike other indices of its kind, CPIx tokens are novel in their approach to showing token holders a diversified range of assets across all parts of the cryptocurrency market. The CPI (CPI) token is the flagship token governance, used to represent an interest in the health of the CPIx token ecosystem. CPix tokens are backed by component assets, stored via escrow smart contracts, and each CPix token holds an underlying asset that can be redeemed at any time without the involvement of a third party.
Detailed Information:
Website: https://dvest.org/
Bitcointalk Announcement : https://bitcointalk.org/index.php?topic=5350936
Twitter : https://twitter.com/dvestproject
Medium : https://medium.com/@dvestlabs
YouTube: https://www.youtube.com/channel/UCLnrGT2xZCwpoCzMfon_mAQ
Discord: https://discord.gg/56ESaPCdpx
Telegram : https://t.me/defivest
Author :Amild
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2583828
My BSC Wallet : 0xbf00577895715883E63C6694D33dA51b1cDEBDa8