Abstract
A decentralized autonomous organization or abbreviated as DAO, is an organization that operates autonomously without the intervention of various parties and transactions run on the blockchain. Here every decision will be made by voting by the members who hold the governance token. In this way, every decision will be fair because it comes from the members, not a one-sided decision from the platform. Since its introduction in 2016, DAO has grown quite significantly in the crypto market.
And seeing this development, dVest Labs DAO was launched as a community and developer-controlled organization. As the name suggests, dVest Labs DAO is a decentralized autonomous organization, where every decision is made through a public vote and its operations will be fully transparent and decentralized without any intervention from any party.
Decentralized Autonomous Organization
In 2016 the DAO system was introduced to the public. DAO is considered the most secure way to be able to build an organization on the internet with transactions that run entirely on the blockchain. Here faithful decisions will be through voting by members who have token governance. Every action will be transparent and decentralized, nothing is hidden. And dVest Labs DAO is one of the few platforms to adopt the DAO system. This means that the dVest Labs DAO platform runs autonomously and every decision will be made through a public vote by members who have the right.
dVest Labs DAO will be fully controlled by the community and developers. All operations, finances, investments, holdings, and decision-making will be transparent, verifiable, and decentralized. dVest Labs DAO developed an innovative platform in the DeFi space by adopting the DAO system, which will be very suitable for the crypto market going forward.
dVest Labs DAO Features
dVest Labs DAO is an ecosystem consisting of various projects for various needs of global users. Like dVest DEX, an AMM-based decentralized exchange platform that will provide various features such as fast exchange, liquidity pools, APR yield farms, etc., which will facilitate various crypto-financial needs of users. Following are the projects from dVest Labs:
dVest CEX: Centralized exchange platform which will facilitate users' crypto trading and support multiple cryptos.
Crypto Price Index: Platform that allows users to get broad exposure to the cryptocurrency market through decentralized exchange-traded portfolios.
DeFiVest: A platform that will facilitate borrowing and lending of digital assets and earning interest on deposits.
dSurance: An insurance protocol that will cover common risks for crypto asset management, treasuries, and other issues.
dManager: Platform which functions as a decentralized asset management protocol.
dVest Labs DAO Tokenomics
The dVest ecosystem has several tokens which each have their respective functions. The first is the dDAO token which will serve as a governance token on dVest Labs DAO, meaning that members will use the dDAO token for voting. The second is the dLABS token, the governance token that will be used in the dVest Labs venture fund. The third is DDEXX, a reward token that will be paid to users on the dDEXX exchange. Fourth is the CPI token, a governance token that will represent an interest in the health of the CPI ecosystem. The fifth is CPIx tokens, which is a decentralized exchange-traded portfolio of products. And finally, the dVEST token which was launched to support the dVest ecosystem, the dVEST token will be given as a reward to holders for their participation in the ecosystem. All of these tokens will be launched with the Ethereum ERC-20 and Binane BEP-20 protocols.
To conclude
A decentralized autonomous organization was launched as a system that allows a group of people to be able to create an organization whose decisions will be through a public vote by the members who hold the governance token. DAO is considered the fairest and transparent system for an organization on the internet. And dVest Labs DAO is here as a decentralized autonomous organization that is fully controlled by the community and developers. Every decision on dVest Labs DAO will go through a voting process by the members, so the decision really comes from the community, not one party. dVest Labs DAO is an ecosystem consisting of various projects, such as DEX, CEX, Investments, etc., which will facilitate the various investment and financial needs of global users.
Connect with dVest Labs DAO
WEB: https://dvest.org/
TWITTER: https://twitter.com/dvestproject
MEDIUM: https://medium.com/@dvestlabs
