PearDAO (PEX) is a decentralized online marketplace that facilitates the exchange of goods and value through Blockchain and DAO mechanisms.
The project aims to build an open, multi-chain-compatible e-commerce platform to become an essential infrastructure for the global Web3 ecosystem.
MAIN CONTENT
PearDAO operates a decentralized market with DAO governance and supports multi-chain transactions.
The PEX Token plays a role in governance, paying service fees, staking, and earning profits on the platform.
The project is strategically invested by the $1 billion BNB Chain Growth Fund to expand the international market.
What is PearDAO?
PearDAO (PEX) is a decentralized marketplace platform that allows the exchange of goods and multi-chain value on Blockchain.
The project operates an open, free, and decentralized market ecosystem, allowing users to trade with cryptocurrencies with minimal third-party intervention through the PEAR network and the PEAR DAO governance organization. PearDAO's vision is to develop an e-commerce market on Web3 connecting on-chain, off-chain, and cross-chain similar to Amazon or Shopee in the digital world.
Key features of the project
What is the DAO mechanism of PEX?
PEX Token provides governance rights for holders through voting and proposals to improve the platform.
PearDAO is managed by DAO mechanisms, in which PEX holders can submit proposals and participate in voting to determine market operation policies. Voting rights are based on the amount of PEX Tokens owned or staked. Accepted proposals affect the smart contract and can be categorized into strategic governance changes or market operations.
This ensures PearDAO maintains transparency, decentralization, and community governance, increasing trust in the platform's development and management.
Decentralized governance through DAO helps PearDAO strengthen with active participation from the Token holder community in developing and operating the market.
Nguyễn Hùng, CEO PearDAO, 2023
What is the difference of PEX – Exchange 3.0?
PearDAO marks the development step to Exchange 3.0 with multi-chain support, off-chain assets, and non-discount trading mechanisms.
Different from Exchange 1.0 (centralized) and Exchange 2.0 (on-chain automation), PearDAO offers a multi-layer trading solution, connecting on-chain and off-chain with escrow support in the context of modern Web3. Users can conduct off-chain asset transactions with nearly zero discount fees, expanding participation, especially in the Metaverse space.
This model helps PearDAO become an advanced decentralized platform, optimizing the trading experience and enhancing scalability.
Basic information about the PEX Token
Name: Pear DAO Token
Symbol: PEX
Blockchain: BNB Chain
Token Standard: BEP-20
Contract: 0x6a0b66710567b6beb81A71F7e9466450a91a384b
Token Type: Utility and Governance
Total Supply: 1,000,000,000 PEX
Current Circulation: 52,217,783 PEX
What utilities does the PEX Token have?
PEX is used to pay dispute fees, stake transaction limits, govern, and create arbitration nodes to earn fees.
Token holders can stake PEX to increase transaction limits and become arbitration nodes to resolve disputes, thereby receiving fee rewards. Additionally, PEX is a governance token that allows the community to vote on development policies and modify the PearDAO smart contract configuration.
How to earn money from PEX?
PEX holders earn network fees, stake LP Tokens to receive APR and trading rewards on the Pear market.
Users can profit from collected network fees, staking the PEX-BNB LP Token with attractive APR rewards or staking PEX to receive fees related to trading volume. Additionally, PEX rewards completed transactions, helping users buy and sell cryptocurrencies efficiently.
How is the PEX Token allocated?
The total supply allocation includes 15% farming, 40% community development, 40% ecosystem growth, and 5% fair launch.
This distribution structure shows that the project focuses on strong investment for community development and ecosystem expansion, combining farming programs to boost liquidity and user participation.
What is the PEX Token release schedule?
Tokens are gradually paid monthly in batches over 5-8 years.
Farming: Gradually paid over 5 years
Community development and marketing: Gradually paid over 6 years
Ecosystem growth: Gradually paid over 8 years
What highlights are there in the PearDAO roadmap?
Starting from 2022, PearDAO gradually develops through stages adding governance, expanding chains, and integrating DeFi and NFTs until expanding into physical goods in 2023.
In Q1/2022, focus on developing DAO governance and decentralized arbitration, Q2 expands multi-chain with EVM, adds DeFi features like staking and liquidity mining, Q3-4 develops the NFT market, improves liquidity and professional seller interfaces. In 2023, focus on encrypting IM tools and expanding into non-digital goods trading.
Team, investors, advisory board
What is the PearDAO project team like?
Information about the PearDAO team is currently being updated.
Who has invested in PearDAO?
PearDAO receives strategic investment from the $1 billion BNB Chain Growth Fund.
This investment helps PearDAO expand the market, enhance multi-chain services, and reach new users while supporting BNB Chain in developing less accessible areas. The strong backing from BNB Chain drives growth and enhances the project's reputation in the global cryptocurrency community.
The investment from the BNB Chain Growth Fund is evidence of PearDAO's potential and sustainable development strategy in the Web3 ecosystem.
Representative of BNB Chain Fund, 2023
Summary
PearDAO is a decentralized marketplace platform with DAO governance mechanisms, supporting multi-chain, funded by the BNB Chain Fund.
The project promises strong growth in the on-chain and off-chain multi-asset cryptocurrency trading sector. Investors should closely monitor the development process to make informed investment decisions.
Frequently Asked Questions
What is PearDAO?
PearDAO is a decentralized online marketplace that allows multi-chain trading and governance based on DAO, connecting the cryptocurrency ecosystem under a single platform.
What functions does the PEX Token have?
PEX is a utility and governance token used to pay fees, stake, create arbitration nodes, and vote on platform development decisions.
How to profit from PEX?
Token holders can stake PEX or LP Tokens to receive APR rewards, transaction fees, and liquidity mining rewards on the Pear market.
Who invested in the PearDAO project?
The BNB Chain Growth Fund supports the project with a $1 billion investment to promote multi-chain expansion and service development.
What highlights does the PearDAO roadmap have?
Developing a DAO governance framework, chain expansion, integrating DeFi, NFTs, and pivoting to non-digital goods trading from 2022 to 2023.
Source: https://tintucbitcoin.com/peardao-la-gi/
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