Difference between revisions of "Mantle (MNT)"

From CryptoWiki
Line 17: Line 17:


*[[Bug bounty]] program can be found [insert here].
*[[Bug bounty]] program can be found [insert here].
*Got an [https://docs.bitdao.io/additional-documents/audit-reports audit] by [[Peckshield]] (6-2021).


===Bugs/Exploits===
===Bugs/Exploits===
Line 24: Line 25:
===Treasury===
===Treasury===


* [https://openorgs.info/ From] [[The Defiant]] (8-3-2022):
* BitDAO Treasury will hold 30% of total BIT [[tokens]].
*[https://openorgs.info/ From] [[The Defiant]] (8-3-2022):


''"According to [https://openorgs.info/ Open-Orgs], BitDAO currently has $1.8B in it, making it the second largest treasury of any publicly viewable treasury on [[Ethereum (ETH)|Ethereum]], following that of [[Uniswap (UNI)|Uniswap]] and just ahead of those of [[Ethereum Name Service (ENS)|Ethereum Name Service]], [[Lido (LDO)|Lido]], and [[Gitcoin (GTC)|Gitcoin]]. BitDAO holds the No. 2 spot largely thanks to its [[governance]] [[token]], BIT, which accounts for about $1B of that treasury. That treasury also grows at a pace of roughly $2M per day without diluting BIT holders. The real revenue stream into BitDAO comes from its association with ByBit, the exchange. It’s been putting about 2.5 basis points from its volumes, the lion’s share of its profits, into the BitDAO treasury. In exchange, ByBit controls 60% the BIT supply, according to the [https://docs.bitdao.io/litepaper-1/tokenomics litepaper]. One of its first investments was a swap with [[FTX (FTT)|FTX]] for its FTT token, with a 3-year lockup. With so much money available, the other core idea in BitDAO is autonomous entities. Instead of trying to invest $2B directly through DAO governance, the current plan is to make very large commitments to autonomous entities that can make whatever investments they want in a specific area."''
''"According to [https://openorgs.info/ Open-Orgs], BitDAO currently has $1.8B in it, making it the second largest treasury of any publicly viewable treasury on [[Ethereum (ETH)|Ethereum]], following that of [[Uniswap (UNI)|Uniswap]] and just ahead of those of [[Ethereum Name Service (ENS)|Ethereum Name Service]], [[Lido (LDO)|Lido]], and [[Gitcoin (GTC)|Gitcoin]]. BitDAO holds the No. 2 spot largely thanks to its [[governance]] [[token]], BIT, which accounts for about $1B of that treasury. That treasury also grows at a pace of roughly $2M per day without diluting BIT holders. The real revenue stream into BitDAO comes from its association with ByBit, the exchange. It’s been putting about 2.5 basis points from its volumes, the lion’s share of its profits, into the BitDAO treasury. In exchange, ByBit controls 60% the BIT supply, according to the [https://docs.bitdao.io/litepaper-1/tokenomics litepaper]. One of its first investments was a swap with [[FTX (FTT)|FTX]] for its FTT token, with a 3-year lockup. With so much money available, the other core idea in BitDAO is autonomous entities. Instead of trying to invest $2B directly through DAO governance, the current plan is to make very large commitments to autonomous entities that can make whatever investments they want in a specific area."''
Line 34: Line 36:


===Token Allocation===
===Token Allocation===
* Fixed supply of 10,000,000,000 BIT tokens ([https://docs.bitdao.io/litepaper-1/tokenomics 10-2021]). BitDAO Treasury will hold 30% of total BIT tokens. [[Bybit]] owns 60% of the supply, with 45% being locked for 3 years with unlocking.
===Utility===
===Utility===


Line 44: Line 49:


*[[Whitepaper]] can be found [https://docs.bitdao.io/litepaper-1/tokenomics here].
*[[Whitepaper]] can be found [https://docs.bitdao.io/litepaper-1/tokenomics here].
*Code can be viewed [insert here].
*Code can be viewed [https://github.com/bitdao-io here].


===Implementations===
===Implementations===
Line 74: Line 79:
==Roadmap==
==Roadmap==


*Can be found [Insert link here].
*Can be found [Insert [[LINK|link]] here].


==Usage==
==Usage==

Revision as of 04:27, 14 March 2022

An investment DAO slash ecosystem support

"Aims to promote and propel the mass adoption of open finance and decentralized tokenized economy."

Basics

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Key

DAO

Treasury

"According to Open-Orgs, BitDAO currently has $1.8B in it, making it the second largest treasury of any publicly viewable treasury on Ethereum, following that of Uniswap and just ahead of those of Ethereum Name Service, Lido, and Gitcoin. BitDAO holds the No. 2 spot largely thanks to its governance token, BIT, which accounts for about $1B of that treasury. That treasury also grows at a pace of roughly $2M per day without diluting BIT holders. The real revenue stream into BitDAO comes from its association with ByBit, the exchange. It’s been putting about 2.5 basis points from its volumes, the lion’s share of its profits, into the BitDAO treasury. In exchange, ByBit controls 60% the BIT supply, according to the litepaper. One of its first investments was a swap with FTX for its FTT token, with a 3-year lockup. With so much money available, the other core idea in BitDAO is autonomous entities. Instead of trying to invest $2B directly through DAO governance, the current plan is to make very large commitments to autonomous entities that can make whatever investments they want in a specific area."

Token

Launch

  • BitDAO raked in $365M from its governance token sale (17-8-2021).

Token Allocation

  • Fixed supply of 10,000,000,000 BIT tokens (10-2021). BitDAO Treasury will hold 30% of total BIT tokens. Bybit owns 60% of the supply, with 45% being locked for 3 years with unlocking.

Utility

Other Details

Stablecoin

Coin Distribution

Technology

Implementations

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Game7

"[BitDAO] has committed $500M to Game7, a DAO committed to building out the gaming ecosystem in blockchains, but it’s giving the funds out in $100M chunks, Allen explained. BitDAO won’t decide on each grant Game7 makes with the funds, but it can decide not to make further contributions if the partnership isn’t working."

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

"BitDAO took in $230 million in a funding round led by PayPal co-founder Peter Thiel, Thiel-founded Founders Fund, Pantera Capital, and Dragonfly Capital. Other funders include Brevan Howard Asset Management co-founder Alan Howard and Synthetix's Kain Warwick. Singapore-based crypto exchange ByBit is also contributing regular revenue from its futures contracts trading, which could inject hundreds of millions to the fund."

  • Took part in the Range Token raise for UMA of $2.66M (16-7-2021).
  • BitDAO raked in $365M from its governance token sale on SushiSwap’s MISO platform in August, selling BIT to over 9,000 people (17-8-2021).

Partners

  • According to its website (8-3-2022):

Peter Thiel, Founders Fund, Pantera, Dragonfly Capital, Alan Howard, SushiSwap, Spartan Capital, ByBit, Kain Warwick, Polygon, Jump Capital, Peak Capital, Amber, Fenbushi, NGC Ventures, Longhash Ventures, Kronos and a couple other ones.

(:

Knowledge empowers all and will help us get closer to the decentralised world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31

Also check out CoinTr.ee for more content.

Retrieved from "https://cryptowiki.me/index.php?title=Mantle_(MNT)&oldid=15084"