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SquidDao

SQUID DAO is a decentralized reserve currency protocol based on the SQUID token. SQUID protocol was inspired by OlympusDAO.It aims to try to influence people's attitudes towards US dollar pricing. Instead, they hope that, thanks to the SQUID DAO, people can start appreciating things in ETH terms.

Overview Structured Data Issues Contributors

squid.xyz

Is a

Cryptocurrency

Cryptocurrency attributes

Industry

Decentralized Finance

Blockchain

Smart contract

Distributed ledger

Blockchain and cryptocurrency

Cryptocurrency

Ticker Symbol

SQUID

Maximum Supply

Block Explorer URL

ethplorer.io/ru/addre...4941e6ad2

etherscan.io/token/0x...4941e6ad2

Other attributes

Cryptocurrency Symbol

SQUID

Token Standard

ERC-20

SQUID DAO is a decentralized reserve currency protocol based on the SQUID token. SQUID protocol was inspired by OlympusDAO. Each SQUID is backed by a basket of assets (e.g. ETH) in the SQUID treasury, giving the token an intrinsic value that it should not fall below. SQUID DAO will leverage similar staking and bonding dynamics of OlympusDAO.