Difference between revisions of "DAO Maker (DAO)"

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*[[Mainnet]] release:
*[[Mainnet]] release:
*Should not be confused with [[Maker DAO|MakerDAO]].
*Should not be confused with [[Maker DAO|MakerDAO]].
 
*From this [https://www.coincurb.com/news/dao-maker-social-mining/ article] (19-7-2019):
"''DAO Maker is a platform composed of Social Mining operations as well as services to help projects grow. DAO Maker will help projects with their [[token]] economy and token metrics as they are really important aspects of a tokenized project."''
==History==
==History==
==Audits & Exploits==
==Audits & Exploits==


*[[bug bounty|Bug bounty]] program can be found [insert here].
*[[bug bounty|Bug bounty]] program can be found [insert here].
*[https://rekt.news/dao-maker-community-investigates/ From] [[Rekt]] (14-10-2022):
''"DAO Maker, after getting rekt for $7M and then $4M last year, proposed a compensation plan to the affected users.''
''The plan was made up of a partial [[US Dollar Coin (USDC)|USDC]] [[airdrop]] alongside a refund token, USDR, redeemable for 110% of its dollar value (in the project’s native token, DAO) a year later.''
''Concerned DAO Maker users contacted rekt.news wishing to draw attention to what they claim is an attempt by the team to use their protocol governance to halt the refund process. In the year since the publication of the compensation plan, it appears the team have had a change of heart.''
''The plan was deleted from Medium, but the key points can be seen in [https://twitter.com/czdaomaker/status/1427674083009912836 this thread] from CEO Chris Zaknun."''
*[https://www.rekt.news/daomaker-rekt/ From] [[Rekt]] (6-9-2021):
*[https://www.rekt.news/daomaker-rekt/ From] [[Rekt]] (6-9-2021):


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===Funding===
===Funding===
* [[Orion Money (ORION)|Orion Money]]; took part in the [https://orion-money.medium.com/orion-money-private-farming-66e3ebf35dbe Private Farming] raise of $70M [[Total Value Locked (TVL)|TVL]] (12-8-2021).
===Partners===
===Partners===



Latest revision as of 05:28, 31 October 2022

Basics

"DAO Maker is a platform composed of Social Mining operations as well as services to help projects grow. DAO Maker will help projects with their token economy and token metrics as they are really important aspects of a tokenized project."

History

Audits & Exploits

"DAO Maker, after getting rekt for $7M and then $4M last year, proposed a compensation plan to the affected users.

The plan was made up of a partial USDC airdrop alongside a refund token, USDR, redeemable for 110% of its dollar value (in the project’s native token, DAO) a year later.

Concerned DAO Maker users contacted rekt.news wishing to draw attention to what they claim is an attempt by the team to use their protocol governance to halt the refund process. In the year since the publication of the compensation plan, it appears the team have had a change of heart.

The plan was deleted from Medium, but the key points can be seen in this thread from CEO Chris Zaknun."

"Less than a month ago they lost $7M. Now they’ve lost another $4M. DAOMaker’s init() function was left vulnerable, allowing the attacker to reinitialise 4 token contracts with malicious data. Then, the emergencyExit() function was used to withdraw the funds from each. The DAO Maker source code is not public. Was it exposed to an outsider, or is there an insider who should not be trusted?

DaoMaker claimed that they had audits from 3 firms but looking at learn.daomaker.com/audits, 2 of the audits seem to be for unrelated contracts while the third one from @certik_io points to a dead link."

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
  • Programming language used:

Transaction Details

How it works

Fees

Upgrades

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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