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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19161167 No.19161167 [Reply] [Original]

This is a long term hold and first of it's kind. So far it's going great and I could see biz owning the majority of DXD tokens.

>> No.19161185

DxDAO is a sovereign, community governed collective that develops, governs, and grows DeFi protocols and products. Its true adherence to community governance will enable it to scale rapidly. Developed originally by Gnosis (same team behind Gnosis 2017 $300M ICO)
• Three distinct dapps have been developed / acquired over 8 ENS domains (Mesa.eth, DXdao.eth, DXoasis.eth, DutchX.eth, DXinsurance.eth, DXoracle.eth, DXwallet.eth, DXfeeds.eth)

• Kleros among others already confirmed to be partnering with DxDao for some of their dapps and/or for white labeled products : https://alchemy.daostack.io/dao/0x519b70055af55a007110b4ff99b0ea33071c720a/proposal/0xf7d4e6cdb60926be7df121c9e2861a2ced4103cad20318eb84171fc4a8549287

• Token - like linkpool - represents ownership in the DAO and as such you get your cut of revenue

>> No.19161209

Listen to this DeFi segment which has a good talk on DAO (tokens).

https://twitter.com/ETHGlobal/status/1260602400852893696


Leading the space in this is dxDAO,

https://twitter.com/Dxdao_/status/1261354717784899584


Th token is available on Uniswap at a lower cost, but you can contribute to the dxDAO directly if you purchase via the website:


https://dxdao.eth.link

https://uniswap.exchange/swap/0xa1d65E8fB6e87b60FECCBc582F7f97804B725521

>> No.19161227

>>19161167
I bought like 36 of these yesterday are we up?

>> No.19161241
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19161241

This article has good info on dxDAO for those interested.


https://governthis.substack.com/p/cash-flow-and-governace-dxdao-raise

>> No.19161266
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19161266

https://twitter.com/econoar/status/1259117449040949249

>> No.19161291

The DMM DAO (DMM uses Chainlink Oracles) is now governed by the dxDAO.


https://twitter.com/DMMDAO/status/1255959339648446464

>> No.19161364
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19161364

what's next for dxDAO

>> No.19161417
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19161417

/biz/

>> No.19161446
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19161446

.

>> No.19162048

if you know, you know.

>> No.19162151

Here's all you need to know:
>mcap less than 500k
>same decentralized exchange model as PoWH (coin goes up when you buy and goes down when you sell it back, with some fees that are paid out to current holders)
>There is a legitimate, working, quantifiable DAO on top of it.

Essentially they combined the ponzi game that did an EASY 20x with a massively scalable, working product.

It's like STAKE but actually interesting utility and tokenomics are geared to make coin go up

>> No.19162224

im still grabbing it on uni for 20% off
just dont burn the token on their site retards, you will get 10% of the initial ether

>> No.19162312

based

>> No.19162415

Price is 0.2269 ETH
1 ETH = 206.7$
Total supply = 110895

Mcap = 0.2269 * 206.7 * 110895
= 5201001
= ~5M

Not 500k. Else please explain where my math is wrong

>> No.19162454

>>19161167
>>19161185
>>19161209
>>19161241
>>19161266
>>19161291
>>19161364
>>19161417
>>19161446
>>19162048
fuck off

>> No.19162488

>>19162415

Only 10k in circulation right now.

>> No.19162523

I bought 2 DXD on Uni, but there's no current price anywhere

>> No.19162547

>>19162151
>>mcap less than 500k
mcap $6 million

>> No.19162572

>>19162488
Oh alright so that's what "Curve Issuance" stands for, makes sense thanks

>> No.19162603

>>19162572
indeed

>> No.19162869

>>19162547
10926 DXD * 0.2276 ETH * 207.20 USD = $515,256.17 market cap

>> No.19162903

Bought on uni and up 10% automatically

>> No.19163142

Thanks based OP for the thread

Consensys shilling this 500 cap gem
https://media.consensys.net/the-dxdao-awakens-how-to-participate-and-become-a-dxdao-stakeholder-cc3ed713bf53

Getting some serious fomo vibes

>> No.19163184

>>19163142
was a year ago niga

>> No.19163210

>>19161167
Contract address: 0xa1d65E8fB6e87b60FECCBc582F7f97804B725521
Buy: https://dxdao.eth.link/#/exchange
Buy (Uniswap): https://uniswap.exchange/swap/0xa1d65E8fB6e87b60FECCBc582F7f97804B725521

Discord invite: mZbsgaX

>> No.19163217

It's fucking pumping

>> No.19163279

>>19161167
why would you buy exactly now?
why did not everyone buy earlier already?

>> No.19163970

>>19163279
... but we did. Why did you not buy earlier?

>> No.19163979

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.19164089

>>19163279
"Earlier" - you mean like three days ago when the token sale began?

>> No.19165050

I'm all in! we are the dao!

>> No.19165212
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19165212

Thanks OP. Actually a moonshot. Kind of want to keep this a secret until i stock up.

>> No.19165447
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19165447

here goes 10 more eth to DXD

>> No.19165567

fuarkkkk cant even buy cuz eth is shit and clogged af rn

>> No.19165589

>>19165567
you buying from exchange or uni?

>> No.19165638

>>19165589
buying from dxdao.eth

bought another coin from uniswap and its stuck too

>> No.19165667

>>19165447
Welcome to the family

>> No.19165675

>>19165638
>>19165638
sounds like metamask problem. You need to higher the tx fee to unstuck the tx

>> No.19165694

DXDao exchange or through Uniswap? What's better?

>> No.19165695

>>19165675
doesn't even have an option to speed up on metamask wtf

imma cancel and rebuy with higher gas

>> No.19165906

>>19165694
Currently cheaper on Dxdao

>> No.19165929

DXDAO
STAKE
OCDAI

Literally three coins needed to make it.

>> No.19166172

I was able to get some for cheap on Uniswap compared to the site.

>> No.19166302

>>19165694

depends. You can get a cheaper price on uniswap most of the time

>> No.19166430

>>19165694
quite a bit cheaper on uniswap right now

>> No.19166529

>>19163142


Just imagine all these DeFi protocols similar to MakerDao, Aave, Uniswap...all made and ran by the dxDAO.


decentralized ownership.
decentralized reputation
decentralized DeFi protocols

>> No.19167026

>>19166430
Too slow

>> No.19167107

It's currently cheaper to buy on Uniswap.

Recommended gas to use: 40gwei (will cost you less than $0.75 for the transaction)

>> No.19167247

welp, that's another one for the filter. Imagine actually falling for this shit, there are 3 threads on this , all by the same pajeet with the same typing style

>> No.19167297

>>19167247
Imagine thinking a project developed by Gnosis and shilled by Consensys is just another shitcoin.
Anon, if you're going to lurk on biz I highly encourage you to be more open minded to make sure you don't miss out. You do you, I know there have been lots of scams being shilled recently so I understand the skepticism but there is actually some decent info in this thread, please have a look at it.

>> No.19167632

>>19167297
Just bought ten thanks broooo

>> No.19167657

>>19167026
it seriously is a lot cheaper on uniswap dude, you just have to put in more gas

>> No.19167698

I finally got enough for my suicide stack

>> No.19167723

Yolod into 90 dxdao and I dont even know what the fuck this token does.

>> No.19167735

>>19167247
anon, if you think this of all coins is a pajeet scam, you can't be helped.

>> No.19167759

100: Suicide stack
500: Make-it stack
1000: Future Bill Gates stack

>> No.19167760

>>19167735
it is a scam, just go to the site. 0.26 eth buy price, 0.003 eth sell price. YOU LITERALLY CANT EVEN SELL LMAO

>> No.19167777

>>19167760
nigga uniswap pay attention dumbfuck

>> No.19167781

>>19167760
are you retarded? it's a buyback reserve on a bonded curve, of course it's not worth selling back to the sale. you can sell right now on uniswap if you want to.

>> No.19167784

It's cheaper on uniswap..

omggg

>> No.19167796

>>19167784
bro what are you doing

>> No.19167834

Over >2k DXD purchased in the past 8~ hours. Gonna be up around 20k and trading at 0.4 ETH around this time tomorrow. Feeling comfy

>> No.19167854

bought a few more since Uniswap is cheaper

=)

>> No.19167861

>>19161167
>>19167784
>>19167854
cringe

>> No.19167865

>>19167784
>>19167854
retard

>> No.19167868

pajeets so mad that their scam got called out early

>> No.19167878

This thread reeks of curry.

>> No.19167921

>>19167784
>>19167854
literally does swing cheaper on uniswap if you wait thirty minutes you fucking sperg

>> No.19167963
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19167963

>>19167854
>>19167784
faggot

>> No.19167997

>>19167963


you get more DXD tokens buying on Uniswap, like shown in the picture you posted.

>> No.19168010

>>19167997
nevermind thought you were being ironic

>> No.19168019

>>19167759
WRONG. We'll be under a million total supply for many, many years. 1 is technically a suicide stack until we pass that. That's how early we are.

>> No.19168035
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19168035

>>19167760
>I can't get a refund on an ICO-like fundraiser, therefore it's a scam

>> No.19168039

>>19168019


This is definitely a long term hold (2-3years+)

>> No.19168067

>>19167878
>>19167868
I honestly agree - it fucking sucks that this is literally indistinguishable from the shills at first glance. And during a week like we've had, well many will miss out. DxDao is incredibly legit though. It's like a Unibright type blockchain infrastructure as a service company, except it's decentralized, is run by its token owners, and pays out to its token owners. This is the closest we've seen the crypto world get to a true DAO in defi so far and having it will allow so much standardization across protocols.

>> No.19168098

>>19168039
>This is definitely a long term hold (2-3years+)
This is a forever hold. Anyone trying to get a quick pump and rip out of this is retarded - it's too low supply, low liquidity, to do at this stage. And you won't want to at later stages. This is like getting a Linkpool share on day 1 of the sale, except you don't have to wait 3+ years for your share to start generating profit sharing income

>> No.19168108

>>19168067


Most DeFi protocols start off centralized (including Chainlink) then work their way into decentralization very slowly.

This project is one of the first ones to come out as a true decentralized DAO, and that DAO will create DeFi protocols like Aave, MakerDAO and Uniswap (Dxswap...coming soon).

Revenue goes to DXD holders. Rep holders make the decision. The DxDAO has a ton of funding to hire devs when needed.

>> No.19168120

Almost .27ETH

>> No.19168152

>>19168108
>Most DeFi protocols start off centralized (including Chainlink) then work their way into decentralization very slowly.
Basically this. DxDao will enable new defi projects to come out of the box fully decentralized, since those projects can just choose to utilize a DxDao generic or custom version of that solution. And since DxDao is itself fully decentralized, even in most basic governance and product processes, it will not be a weak link for otherwise decentralized protocols. Unibright for defi

>> No.19168171

>>19167963
sorry mate not gonna make it with those numbers

>> No.19168206

>>19166529
and now imagine to get revenue from all of them by just holding DxD

>> No.19168279

Just bought more thanks guys love this shit

>> No.19168320

>>19167963
>=)
>omggg
the state of these scams

>> No.19168326

>>19165447
hey that was me

>> No.19168768

Picked up a few more on Uniswap

>> No.19168820

>>19161167
insane tokenomics

>> No.19168836

how will the rest even be issued?

>> No.19168842

.3 ETH in the AM boys

>> No.19168950

>>19168820
>>19168842

That's it, i'm buying more before I go to sleep and this thing hits 0.3 ETH

>> No.19169197

I'm in anon, bought in 2 days ago, most transparent project out there, get ready for the x1000

>> No.19169665

fuck it, just bought 20

>> No.19169874

>being so early
soon /biz/ will rule DeFi

>> No.19169923

>>19167759
>admiring Bill gates
Confirmed kike scam

>> No.19169940

>>19167777
FUCK YOU TO HELL PAJEET

>> No.19170057

don't fall for the idiots trying to sell on uniswap. If you buy on uniswap they get a more eth when the liquidity improves which is why they're directing you to uniswap instead of the main exchange where it's been cheaper since Last night

>> No.19170811

Bought some on uniswap. Insta 10%
Its stonks on easy mode