Cryptocurrency attributes
What is Fantom DAO?
Welcome to Fantom DAO, the magical world where dreams come true through a community-governed platform that is fair for everyone.
As an innovative 'decentralized reserve currency protocol', Fantom DAO provides the investors safe, easy, and sustainable wealth creation through 'Staking' and 'Bonding'. Fantom DAO overcomes the limitations of first-generation reserve currency protocols, as most of the liquidity pool is owned by the protocol. In addition to that Fantom DAO is different from the stablecoin system as each MAGIC token is backed by a basket of assets in its treasury, giving it a solid price floor that it cannot fall below.
Fantom DAO is the Go-to DeFi 2.0 for the Fantom network to grow the Fantom ecosystem and share the profits with the community while utilizing the speed, security, and scalability that Fantom Offers.