A New Frontier for Asset Management
HAI DAMO is a DAO-operated Asset Management Organization. More plainly, a DAO that specifically governs the management of assets. In this case specifically, it is the management of the composition of decentralized investment vehicles. The crypto asset class is still in its infancy, lacking many of the complex financial instruments that typically define more mature asset groups. Consequently, crypto investments are subject to extreme volatility and are thus unattractive to risk-averse investors. Their entrance into the crypto asset class will create an inflow of trillions of dollars, which makes for a sizable bounty for whoever can provide a vehicle to these investors. By providing decentralized investment vehicles to less risk-tolerant players, HAI DAMO has the potential to claim a piece of the trillion-dollar bounty while legitimizing crypto assets across the entire ecosystem.

Users can join our community discord and start actively participating the ecosystem. All insights and contributions are welcomed while we get governance up and running. Other ways to get involved include staking, capitalizing and minting. You can stake DAMO in return for sDAMO rewards. Providing collateral for Decentralized Investment Vehicles (DIVs) is a method of minting DIV tokens. The Capitalization Method is an essential piece of the puzzle, allowing the protocol to own liquidity rather than rent it. Liquidity providers (LP) can deposit their LP tokens and DIV tokens to receive either discounted DAMO or ERC-20s.

Airdrops have been used to distribute tokens for decentralized finance applications throughout the years. By airdropping our token to those that stake directly with API3, we are targeting the more "crypto savvy" user in order to seed the markets with active participants rather than sellers.
Details about the airdrop
  • Total Supply 30,000,000
  • Initial Price - $0.4960
  • Launch Date - Live on QuickSwap!
  • Vesting Period - 50% unlock at TGE, 25% released on a monthly basis
  • Snapshot date - August 22nd, 2021
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