CSP DAO Project Review: Citadel One

Citadel.one is a non-custodial Proof-of-Stake platform for the management and storage of crypto assets. Users can create public addresses for all supported networks with one seed phrase, connect their Ledger or Trezor device, or import an address generated by another wallet.

Citadel.one mission is to provide an easier user onboarding for various networks and bring intuitive UX/UI to this messy crypto world. The goal is to create a multi-asset solution with extended analytical functionality and unique features that makes it much more convenient to interact with your portfolio and maximize rewards.

They are planning to move towards the transformation of Citadel.one into a community-driven, scalable DAO that unlocks advanced staking experience for everyone.

CORE COMPONENTS

  • Non-custodial staking platform
  • Multi-asset support
  • Stake with Citadel One-seed, Ledger, Trezor, Metamask or Keplr
  • Stake on any validator of your choice
  • Unified experience with multiple networks
  • Instant cryptocurrency exchange and fiat gateway
  • Biweekly report on your staking rewards
  • Visualized balance structure
  • Notifications about your claimable rewards, non-delegated assets, and unstaking periods
  • Detailed rewards information and charts
  • Mark your transaction and reward history with notes
  • Enjoy an all-in-one platform for the management and staking of crypto assets wherever you go!
  • Stay on top of your portfolio performance and networks’ updates with our push-notifications
  • Effortlessly connect to the Citadel.one web application or share your addresses with QR-code.
  • Sell, buy or exchange your crypto assets in a couple of clicks.
  • Make decisions about new networks and features, commission rate changes, grants, and other financial settings.
  • Take part in community-driven node ownership and profit share
  • Receive your share of admin fees from swaps, exchange & gateway wrapped tokens

Most POS networks have lengthy lockup. For example, it takes 21 days to unstake ATOM, KAVA, and BAND, up to 20 days to unlock ICON, and 3 days to get your IOST tokens back.

Assets locked in staking are illiquid, which makes them unsuitable for DeFi purposes. Staking derivatives are here to solve this problem.

TOKEN UTILITY

$XCT is the utility token of the Citadel Ecosystem. $XCT token serves multiple utility purposes in the ecosystem. Citadel will be transformed into a DAO with an XCT governance token.

  • Make decisions about new networks and features, commission rate changes, and other financial settings.
  • Take part in community-driven node ownership and profit share
  • Receive your share of admin fees from swaps, exchange & gateway wrapped tokens
  • Determine grants for members, developers and third parties

PARTNERS

TEAM MEMBERS

LINKS

Telegram: https://t.me/citadelofficial

Twitter: https://twitter.com/CitadelDAO

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