Hello everyone! Friends who have been studying blockchain and DeFi recently, please pay attention. Today I want to introduce you to a very promising project - SOFAorgDAO. This is a rising star that will make you shine!
What is SOFAorgDAO?
SOFAorgDAO is a decentralized autonomous organization dedicated to promoting the development of the DeFi ecosystem. It improves industry standards, supports high-quality projects, and promotes the application of blockchain technology in mainstream finance.
Introduction to the gameplay of SOFAorgDAO:
The core gameplay of SOFAorgDAO is its decentralized clearing solution. Users can purchase crypto structured products on open dAPP, which are automatically settled through standardized vaults to eliminate counterparty risks. In addition, the platform has introduced a local utility token $RCH, where users are rewarded through transactions and token supply is reduced through daily burning operations to ensure that profits return to users.
SOFAorgDAO economic model:
Governance token $SOFA
$SOFA is a governance token, and holders can participate in platform decision-making and encourage community ownership.
Utility Token $RCH
$RCH has a total supply of 37 million, and its long-term deflationary design is ensured by daily burning operations. As the transaction volume increases, the token value appreciates.
SOFAorgDAO Project Highlights:
SOFAorgDAO's decentralized liquidation vault and risk tokenization improve capital liquidity, and incentivize users to participate in the long term through a 100% fair launch token economic model.
Summary:
SOFAorgDAO is an innovative and promising DeFi project that incentivizes users to participate in the long term through a secure and efficient decentralized liquidation solution and a clever economic model. If you are interested in blockchain and DeFi, you might as well pay more attention to SOFAorgDAO, it will bring you a lot of surprises.