Distributed Autonomous Organization narxDAO

Meme-turned-utility project Floki is working with an unidentified asset manager to develop an exchange-traded product (ETP) tracking its FLOKI token that could be available to investors in Europe early in the new year, one of the developers told CoinDesk. If approved, FLOKI would be the only meme token other than dogecoin (DOGE) with an institutional product in Europe. We've been actively working with a respected Asset Manager and an ETP Issuer to launch a Floki ETP (Exchange-Traded Product) for quite a while now, and after months of due diligence and painstaking effort, we've been told that the Floki ETP is on track to go live in early Q1, 2025,” lead developer B told CoinDesk in a Telegram message on Wednesday. The developers as seeking approval from the Floki DAO community to provide early liquidity to the product when it goes live. The vote runs for 48 hours and will end at 11:00 UTC on Dec. 27. They are seeking approval to allocate part of the FLOKI required for the ETP from a treasury wallet that holds 16 billion tokens, worth just over $2.8 million at current prices. Tokens in that wallet were purchased from the open market over three years after the passage of another community vote. If the proposal is approved, the FLOKI tokens would provide liquidity for the ETP while remaining Floki's property and could be withdrawn if there is enough third-party liquidity in the ETP. The Floki ETP is currently in an advanced stage and will become tradable on the SIX Swiss Exchange, the largest stock exchange in Switzerland and the third-largest in Europe,” B said. “When it goes live, the Floki ETP will allow institutional investors, regulated entities and retail investors to get exposure to FLOKI in a regulated way.” B said the team could not disclose further specifics about the ETP due to non-disclosure agreements, such as opening prices, fund structure and institutional partners. FLOKI is up 1.1% in the past 24 hours, in line with the broader crypto market.$FLOKI

What is the future trend of REX? What is the prospect of this coin? The REX project REVOX.AI is building a shared AI interface for Web3 using its permissionless machine learning infrastructure, enabling the building and innovation of decentralized AI applications through modular agents. REVOX's flagship super app Web3 GPT Lense, Smart Wallet, and ReadON DAO applications already have over 21 million users worldwide. REX Price Prediction: Token Economics: REX is the primary governance token of REVOX, and REX is a special equity token. $REX can be exchanged for $sREX at a 1:1 ratio without any restrictions. However, $sREX is not tradable and can only be redeemed back to $REX within a specific redemption period. Total supply: 3 billion, with approximately 0.9 billion coins in circulation in the early stage, and the remaining will be unlocked starting from half a year later. Therefore, there will be relatively small selling pressure in the first half year, mainly from the circulation of early-stage community, airdrop, and LP rewards. At present, the circulating market value is about 15 million US dollars, and after the market recovers bullish sentiment in the past two days, it is expected to impact 50-100% of the profit demand compared with the current price of 0.01922 Just play with the pocket money you can afford! DYOR $REX

The Hyperliquid (HYPE) project is typically backed by a team of blockchain and DeFi professionals. However, specific information about the founders and key members may not always be fully disclosed in public-facing resources. The team behind a project is crucial to its development and success, so understanding their experience and qualifications can help investors and users assess the project's credibility. Team and Founder (Hyperliquid): 1. Founder: The founder of Hyperliquid has likely been involved in the blockchain space with experience in DeFi protocols, blockchain scaling, and possibly working with Ethereum or other blockchain technologies. However, the exact identity and background of the founder might not always be fully revealed in early stages, especially if the project is in its private or early development phase. In some cases, blockchain projects prefer to maintain a level of privacy for founders, particularly when focusing on decentralization. 2. Core Development Team: Hyperliquid likely has a core development team comprising blockchain engineers, software developers, and experts in DeFi, smart contracts, and protocol design. The team would typically have experience with building decentralized exchanges (DEXs), Layer-2 scaling solutions, and smart contract platforms. This would be essential for achieving the high scalability and security goals of the Hyperliquid Protocol. 3. Advisors and Partners: Many DeFi projects work with advisors and strategic partners from the blockchain, finance, and technology sectors to guide development and growth. These advisors could bring valuable insights into liquidity management, security, and blockchain regulations. Advisors and partnerships with established players in the DeFi space could help Hyperliquid gain credibility and expand its user base. 4. Community and Governance: As the project matures and moves toward decentralization, the community may play an increasing role in decision-making, with HYPE token holders potentially influencing major decisions through governance mechanisms. In some cases, the development of the protocol could transition to a DAO (Decentralized Autonomous Organization) model, where the community has more control over the project’s direction. 5. Public Profiles: To better understand the team, you could often find profiles on platforms like LinkedIn, GitHub, or project websites. The team might also share their experiences in blog posts, AMA (Ask Me Anything) sessions, or community engagement events. Where to Find More Information: To get more specific details about the team and founder, check the following: Official Website: The Hyperliquid website may list the core team and their experience. Whitepaper: Often contains team bios and details about key contributors. Social Media & Community Channels: Platforms like Twitter, Discord, Telegram, and Medium may provide insights into the team’s activities and communication with the community. LinkedIn: Check the LinkedIn profiles of the core team members for their professional backgrounds. $HYPE

Hyperliquid (HYPE) offers several reward mechanisms to incentivize users, participants, and investors within its ecosystem. Here’s an overview of potential rewards related to HYPE token and its associated platform: Types of Rewards in Hyperliquid Ecosystem: 1. Staking Rewards: HYPE token holders can participate in staking to earn rewards. By locking up their tokens in the network, users help secure the ecosystem or provide liquidity, earning additional HYPE tokens as rewards. This incentivizes users to hold their tokens long-term. Staking rewards often depend on factors such as the total amount staked, the duration of staking, and the overall performance of the network. 2. Liquidity Mining / Yield Farming: Users can provide liquidity to Hyperliquid's decentralized exchange or protocol and earn rewards through liquidity mining or yield farming. This involves pairing HYPE tokens with other assets (such as stablecoins or ETH) and supplying these pairs to the liquidity pools. In return, liquidity providers (LPs) earn rewards in the form of transaction fees and additional HYPE tokens. 3. Governance Participation Rewards: As Hyperliquid moves toward a decentralized autonomous organization (DAO) model, token holders who actively participate in governance may receive rewards. This could include rewards for voting on important decisions like protocol upgrades, changes in tokenomics, or new features. Active governance participants might be rewarded with HYPE tokens to encourage participation and ensure the platform remains decentralized and community-driven. 4. Airdrops and Incentive Programs: Airdrops are often used to distribute free HYPE tokens to holders of other tokens or to users who engage with the platform. This helps increase exposure, rewards loyal users, and attracts new participants to the ecosystem. Other incentive programs could include rewards for referrals, engagement in community activities, or special promotions tied to platform milestones or events. 5. Trading Rewards: Some platforms, including Hyperliquid, may offer trading rewards for users who actively trade or participate in the protocol’s decentralized exchange (DEX). These rewards can include rebates on trading fees or additional HYPE tokens for consistent activity. Volume-based rewards may also be given to users who contribute a significant amount of liquidity or trading volume to the platform. 6. NFT and Special Event Rewards: Hyperliquid could introduce rewards tied to special events, such as NFT drops, contests, or exclusive opportunities available to the community. These types of rewards can be used to incentivize long-term participation and create buzz around the platform. 7. Partnership and Affiliate Rewards: Hyperliquid might partner with other platforms or protocols, offering users additional rewards for participating in joint activities. This can include affiliate rewards for referring new users or for participating in cross-promotions between different ecosystems. How to Earn Rewards: Staking HYPE Tokens: Users can lock their tokens in the staking program for a defined period to earn rewards. Providing Liquidity: By adding liquidity to Hyperliquid’s pools, users can earn a share of the transaction fees. Participating in Governance: Active participation in governance, such as voting on proposals, may yield rewards. Trading: Active traders could earn rewards through volume-based incentives or fee rebates. Engagement in Community: Hyperliquid could distribute rewards for specific actions such as joining their community, completing tasks, or helping spread awareness. Reward Mechanism Overview: Token Type: Rewards are generally paid out in HYPE tokens. Duration: Some reward programs may have time-based limits, such as weekly or monthly payouts. Incentive Periods: Certain reward programs could be seasonal, special event-driven, or aligned with specific milestones. By participating in any of these activities, users can benefit from the reward system and earn HYPE tokens as part of the ecosystem’s growth. If you’re interested in learning about how to maximize your rewards, staying engaged with the Hyperliquid community and watching for announcements about new reward programs will be key. $HYPE

$COW Project Update: Governance, Partnerships, and Future Prospects *Key Developments* 1. Decentralized Governance System: Empowers token holders to participate in decision-making. 2. Strategic Partnerships: Collaborations with industry leaders to enhance utility and reach. 3. Community Engagement: Active participation and feedback encouraged. *Governance System Features* 1. Decentralized Autonomous Organization (DAO) 2. Token-holder voting rights 3. Transparent decision-making process 4. Community-driven proposals *Partnership Highlights* 1. Expanded ecosystem integration 2. Enhanced utility and functionality 3. Increased adoption potential 4. Collaborative innovation *Future Prospects* 1. Increased decentralization 2. Improved community engagement 3. Expanded use cases 4. Enhanced market visibility *Investment Considerations* 1. Research $COW's fundamentals 2. Evaluate governance and partnership impact 3. Assess market trends 4. Consider risk management strategies *Resources* 1. $COW Official Website 2. CoinMarketCap 3. CryptoSpectator 4. $COW Community Forum Would you like: 1. $COW project updates? 2. Cryptocurrency market analysis? 3. Investment advice?