finance: Best upcoming DAO projects to follow in 2022

finance: Best upcoming DAO projects to follow in 2022

< Show Wisdom Collection: Best upcoming DAO projects to follow in 2022article avatarEmiola Okiki

Passionate in crypto & student

Which DAO project would you recommend following and why?

I would recommend Uniswap. Uniswap is known popularly as a decentralized trading protocol. It is a automated trading of decentralized finance (Defi) tokens. Safety is undoubted because it is an ERC-20 token, I.e it is operated or requires Ethereum to function. As Uniswap being decentralized, it allows peer-to-peer crypto trading and it was accomplished using smart contract (built on the Ethereum protocol). Uniswap has become a go-to investment for many crypto enthusiasts. It has become top 20 cryptocurrency in market capitalization. It has become the largest decentralized exchange(DEX) in the world. Uniswap is one of the growing DAO project recently price currently at about $15 and has tendency of growing to up to $30-$50 this year. Investor can also earn Uni token by also contributing to the liquidity pool supporting this DEX. Investing in Uniswap is not a bad idea it's a good move in securing the future.

article avatarAleksander D.

Entrepreneur, crypto investor, programmer

Which DAO project would you recommend following and why?

Recently i have discovered SputnikDAO. It is a hub of DAOs, those are based on the NEAR protocol. Currently it contains about ~250 of different DAOs, related to finance, or education, or local communities, and so on. Moreover, it is a powerful tool, which allows you to create own DAO in minutes, doesn't require a special tech skill and with a low starting expenses( 5 NEAR or ~$80 ). Actually even this amount is not as a fee or a price, or any else non refunded charges. This is just the first contribution in the treasury fund of your own DAO, so it remains your too. NEAR protocol provides fast & low cost transactions, exactly what you need to power any DAO community, doesn't depend what the DAO does: either develops new DApps, or draws new pictures&NFT for games, or anything else. Moreover, NEAR coin itself is undervalued yet on my mind. So it might be a good investment prospective to build a DAO using this protocol. With SputnikDAO you can easily learn in practice what is DAO indeed and how it works inside, you can build your own as well as join any existing at it's early beginning. Simply try yourself in a real DAO instead of just to speak many about DAOs in general. That's why i strongly recommend to pay attention to this hub.

article avatarChantal Läng

Blockchain projects manager

Which DAO project would you recommend following and why?

Curve DAO is the most censorship-resistant, trusted by smart money, with proven efficiency since respectably long time. Convex Finance is an excellent tool to boost Curve usage and optimize yield returns.

article avatarLuis del Valle Ruiz Ortega

technical in PC and internet

Which DAO project would you recommend following and why?

I would like to recommend many new projects that are very interesting, one of them is Pera Finance. This project seeks to facilitate interactivity between all the factors that make their actions in the Defi world. Most of all between fiat exchangers. Users will be able to receive incentives and prizes during their stay at Pera Finance. It is a very low risk project. It adapts to any other project no matter what size it is. In Pera Finance you can do a trader, holder, providers, liquidation and you can also do staking. In each one there are rewards.

article avatarIsaac Reiss

Aspirational Whale

Which DAO project would you recommend following and why?

i recommend Unifi Protocol DAO, which is a working multi-chain smart-contract based DeFi solution. Since it is released on the Binance Launchpool, a new initiative which is designed to bring the De-Fi (decentralized finance) experience to Binance users, the largest exchange in the world.

article avatarJoseph Rockins

Businessman

Which DAO project would you recommend following and why?

Amidst all the DAO (Decentralized Antonomous Organization tokens out there, just to name a few like, $UNISWAP $AAVE $MAKER $DASH $UNISWAP $DECRED $ETHEREUM NAME SERVICE $MANGO $AKROPOLIS, I would recommend following CURVE DAO. My reasons are stated below CURVE DAO is the governance token for CURVE Finance, which currently assist exchanges as an Automated Market Maker (AMM) by providing liquidity. Not to mention its a top liquidity provider around crypto. Also with less volatile assets, it offers low spillage & low fee swaps. Curve Finance is a fully collateralized, peer-to-peer network of fiat currencies built on the Ethereum blockchain. This network is governed by the DAO token holders who can vote on proposals and receive rewards. I expect it to be very bullish going forward.

article avatarSantiago Ortega Cerrada

Cartography Engineer

Which DAO project would you recommend following and why?

For me, the best DAO project is represented by BitDAO because is open finance and a decentralized tokenized economy. The DAO hopes to support a broad range of projects including DeFi, DAOs, NFTs and gaming.

article avatarPierre Jean

Crypto Investor

Which DAO project would you recommend following and why?

There are quite a handful Dao projects to pick from, but my best pick will be bitDAO. It has been turning heads of recent, ammasing a collection of super investors in the finance world. I really think it has the potential to grow bigger in the future

article avatarAj Gautam

writer

Which DAO project would you recommend following and why?

CURVE Governance token for CURVE FINANCE, the project helps exchanges as an Automated Market Maker (AMM) by providing liquidity. MAKER The Dai stable coin system aims to provide a viable alternative to fiat currencies issued by central banks through a system of Collateralized Debt Positions and autonomous feedback mechanisms. ARAGON It provides the governance, voting, accounting, and fundraising tools required to easily and securely run an organization without the need to trust anyone else with custody over your funds.

article avatarsram1008

Which DAO project would you recommend following and why?

Metaland DAO This is Metaverse project that contains many nfts ans decenentralized finance to promote the main project. That's why I said this project.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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