Dual Finance is a cryptocurrency project designed to provide token communities with sustainable means of earning yield and generating value from their treasuries. By employing a liquid option-based incentive model, the platform aims to unlock value and stimulate active participation in decentralized communities. Dual Finance is aiming to create an Incentive Liquidity Infrastructure for Web3 Communities.
What Makes Dual Finance Unique?
What sets Dual Finance apart is its innovative token incentive mechanism designed to foster loyalty among its users and prevent token dumping. The distribution of the DUAL token, the platform's native currency, is executed entirely and fairly through the use of Staking Options. This makes DUAL unique as it is the first-ever token to be distributed solely via options.
History of Dual Finance
Dual Finance comes from a strong background. The team behind it are the winners of the prior Solana DeFi and Chainlink Hackathon. Moreover, the team boasts of experience from ex-institutional crypto market makers and FANG backgrounds.
What's Next for Dual Finance?
The future of Dual Finance looks promising. The DUAL token launch is happening today. The Dual DAO (Decentralized Autonomous Organization) is live on realms and is airdropping Staking Options on DUAL to existing users. The project has future plans to partner with other projects to better incentivize their communities & rejuvenate their tokens. When implemented via Dual Finance, Staking Options serve to boost their token's option and spot liquidity by leveraging a protocol market maker for Central Limit Order Books (CLOBs), Risk Manager.
DUAL Token Utility
The DUAL token plays a crucial role in the platform's ecosystem. It serves a significant purpose for governance in the Dual DAO. Moreover, DUAL sets a precedent for partner projects to adopt implementations of options as a mechanism to incentivize their communities.
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