AMA Recap: @ MEXC Global

Here’s the recap of the AMA with our co-founder Victor!

Introduction

Iris: Today, we’re honored to have Victor Lee, Co-Founder of DAOventures, to our community to give us a more intuitive introduction to their unique project.

Questions about the project

Iris: Recently, we notice DAOventures perform this token upgrade post ChainSwap exploit. Can you help us understand the reasons?

  1. Layer 2 — ETF and portfolio strategies on Layer 1; DAO Citadel (Crypto-ETF), DAO Faang Stonks (tokenized stocks on DeFi) etc,
  2. Robo-advisor with risk management automated for DeFi investors.
  1. Liquidity Mining & Staking
    Maximize ROI with liquidity mining and DVD staking pools. DVD hodlers can earn even more with a tiered structure where rewards multiply with the amount staked.
  2. Automated Yield Compounding
    DeFi is getting more innovative and more complicated than ever, making it difficult to re-invest your earnings. DAOventures Auto-Compounding Vaults allows earnings to be compounded across pools and assets as frequently as possible.
  1. To increase token demand (reduce selling pressure)
  1. Add more “weight” to DAOvip to make it more attractive. Up to 500% APR
  2. Additional DAOvip with different tiers for additional weights. This tier can be used to leverage farming and gamification on user profiles.
  1. Calling yield within 3 days, 50% of the DVD yield will be burn. This is to decentivize farmers and dumpers and encourage longer-term staking.
  2. DAOvip staking
  3. All vipDVG token holders get additional APY% on all liquidity mining rewards.

Free-asking Session

Q1. DVG had trouble in recently but your team quickly swap DVG to DVD smoothly and supported investors both on Telegram, medium and other channels. Will you give us more details for your team roadmap next time. Do you have any interesting plan for increasing DVD’s TVL?

  1. Our TVL just passed $1m despite the just launched post “Chainswap” exploit.
  2. Our next step is to grow user-base and profit for our DVD users. Here is the steps:
  1. Add more “weight” to DAOvip to make it more attractive. Up to 500% APR
  2. Additional DAOvip with different tiers for additional weights. This tier can be used to leverage farming and gamification on user profiles.

About DAOventures

DAOventures is a smart multi-chain DeFi asset manager.

Website | Github | Gitbook | Discord | Telegram

Twitter | Linkedin | Facebook | Reddit | Youtube

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DAOventures

DAOventures

DeFi ETF Index Fund, basket of auto-compounding LPs