FAMDAO Reflections: Official 1st Month of Operations!
Passive earning is the new norm. With multiple crypto faucets offering the general population an opportunity to earn in cryptocurrency, the faucet earned crypto valuation isn’t what you would expect. Comparatively, the new passive earning tool for every smart investor is passive income — stake and earn.
With the 1st Month of Operations, FAMDAO has cumulatively achieved more than 2 MIL USD liquidity, with it growing everyday!
FAMDAO’s Decentralised Finance (DeFi) Protocol shows a promising future in next-gen defi staking and pledging systems, with funds backed by the FAMILY treasury.
FIRST MONTH FAMDAO RESULTS
FAMDAO is a decentralised platform created by a professional team who wants to setup a DAO — based on Family Values. This sets it apart from other DAOs, who have unknown purposes or an unclear roadmap.
- Sharing proposals for improvement, so that everyone can participate in FAMDAO’s future development planning, and provide suggestions.
- Community proposals, rules for selection, holding and participation of various activities in the community, threshold restrictions, etc.
- Ecological proposals, FAMDAO’s next ecological conception, construction, improvement, partners, etc. to participate.
Compared to traditional off-chain governance, the on-chain governance adopted by FAMDAO enables all the people to participate in the DAO’s governance. At the same time, on-chain governance can widely collect the opinions and suggestions of the token holders in relation to community development. Every FAM holder can participate in the governance.
Earning via Pledging and Staking
Since the start, $FAM Tokens released have reached more than 17,000+ tokens, at a $40,000 USD return to the FAMDAO Community! According to FAMDAO’s plan, we will realize data exchange with the ANFS public chain in the fourth quarter of 2022.
$FAM Token Stability
One of the items the team is working on is the $FAM Token price, to maintain value and stability. We will ensure that it continues to grow, despite the downtrend in market capital affecting all crypto markets.
To the next years and beyond for FAMDAO
️For longterm sustainability of FAMDAO, after much community discussion & voting, we will optimize and make the the rewards mechanism better for early contributors. This will ensure a fair environment for the people who believed in us early! During this exciting launch for the month, we tested the FAMDAO dapp and thanks to our community, we have improved greatly in terms of trial, community, proposals, etc. We would like to thank all the feedback and comments given to us via the official channels.
Big thanks and love to our community, contributors, & family of FAMDAO!
FAMDAO is an innovative decentralized reserve currency protocol based on the $FAM token. We are a community-driven DAO, that introduces unique economic and game-theoretic dynamics into the market through staking and bonding.
Join the FAMDAO Community