Sarajit R
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Just Good to Know: What is a DAO?
A Decentralized Autonomous Organization is a way to manage crypto projects without a central authority. Members vote on decisions using tokens, ensuring transparency and fairness. Smart contracts execute the rules automatically.
🔥 Upsides
• Democracy: Anyone with tokens can vote, giving power to the community.
• Transparency: All decisions and transactions are on-chain, open for all to see.
• Global Access: Anyone, anywhere, can join and contribute.
• Efficiency: Smart contracts cut bureaucracy, automating processes.
❕ Downsides
• Security Risks: Hacks (e.g. The $50M DAO Hack of 2016)can drain funds.
• Slow Decisions: Voting can delay urgent actions.
• Inequality: Wealthy token holders may dominate votes.
A Decentralized Autonomous Organization is a way to manage crypto projects without a central authority. Members vote on decisions using tokens, ensuring transparency and fairness. Smart contracts execute the rules automatically.
🔥 Upsides
• Democracy: Anyone with tokens can vote, giving power to the community.
• Transparency: All decisions and transactions are on-chain, open for all to see.
• Global Access: Anyone, anywhere, can join and contribute.
• Efficiency: Smart contracts cut bureaucracy, automating processes.
❕ Downsides
• Security Risks: Hacks (e.g. The $50M DAO Hack of 2016)can drain funds.
• Slow Decisions: Voting can delay urgent actions.
• Inequality: Wealthy token holders may dominate votes.
❕ Trump company reduces stake in crypto venture
One of Trump’s companies reduced its stake in WLF from 60% to 40% at some point in the last 11 days.
One of Trump’s companies reduced its stake in WLF from 60% to 40% at some point in the last 11 days.
To enhance its global presence, China's central bank has launched an e-CNY center, highlighting stablecoins' role in transforming cross-border payments.
SPKUSDT analysis After bullies break out you can enter at the price of 0.0590000
and SL : 0.0575000
TP 1 : 0.0610000
TP 2 : 0.0620000
After Break out you can enter .
for shorts after bearish break out you can enter at the price of 0.05500
SL : 0.05700
TP 1 :0.05400
TP 2 :0.05300
and SL : 0.0575000
TP 1 : 0.0610000
TP 2 : 0.0620000
After Break out you can enter .
for shorts after bearish break out you can enter at the price of 0.05500
SL : 0.05700
TP 1 :0.05400
TP 2 :0.05300
🔥 The GENIUS Act stablecoin bill has garnered sufficient Senate votes for approval
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#CryptoNews🚀🔥
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#CryptoNews🚀🔥
XRP Ledger has recorded its highest ever daily active address count, averaging over 250,000 users this past week.
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