Dogetti, Uniswap, ApeCoin: Which DAO Crypto Should You Go After?
Many crypto coins such as Dogetti (DETI), Uniswap (UNI), and ApeCoin (APE) are backed by a decentralized autonomous organization (DAO).
A DAO is an organization without centralized leadership. This means that members of the organization make the decisions together as a community through voting. All decisions they make may affect everything, from the rules enforced on a blockchain to how resources are managed. Basically, it is a decentralized community that uses a particular coin in its exchanges.
Let’s look at the 3 crypto coins and the latest news about their DAOs.
Dogetti is More than Just Another DAO; It’s a Family!
Dogetti (DETI) is a new meme coin in town, climbing up the ladder and making a name for itself, thanks to its successful presale. Within just two weeks, the mafia-themed meme coin has raised more than $300,000, which is a good sign in crypto presales. This means that it is already halfway through its Stage 1 presale, and this is the time to get those tokens fast!
Its mascot is Don Eloni, a mafia dog warmly inviting crypto enthusiasts to be a part of the Dogetti family. One of the digital asset’s goals is to strongly implement Dogetti DAO. This allows family members to make decisions on the project’s direction and development by proposing plans and voting on them.
With Dogetti DAO, the family can be sure of a community-driven and decentralized way of making decisions. Each member’s voice is to be heard, which empowers everyone while fostering accountability and transparency during the decision-making process. Moreover, token holders can earn rewards just by participating in votes.
DETI also uses DogettiSwap, a decentralized exchange (DEX) that lets traders swap ERC20 tokens for others. This DEX has an intuitive and user-friendly interface that makes it easy even for beginners to trade and participate in the market. Powered by Uniswap, users can expect fast, secure trades and low fees when trading.
La DAO de Uniswap se enfrenta a una debilidad de seguridad
Uniswap (UNI) is a decentralized exchange (DEX) originally established in 2018 to swap Ethereum (ETH) for other tokens. However, it shortly included ERC20 tokens as well.
One of its key features is its DAO, which allows its users to make decentralized decisions together as a community. The DAO also governs the protocol’s affairs, and its exchanges are deemed extremely safe as it is built on Ethereum, giving it the same security as the Ethereum blockchain.
Uniswap DAO has faced challenges in the past, and more than $2.5 billion was lost, unfortunately, due to the cross-chain crypto bridge hacks from 2021 to 2022. Although its developers have since then improved the digital asset’s bridge security, a debate among UNI holders from December 2022 to January this year suggests that its blockchain bridges still face security weaknesses.
ApeCoin DAO Supports News Outlet
Meanwhile, a Bored Ape-focused news outlet is happy to receive support from the ApeCoin (APE) community.
The ApeCoin DAO has agreed via voting to fund the news site The Bored Ape Gazette. The proposal AIP-70 had more than 1.1 million APE tokens in favor while 149,000 tokens voted against the proposal to allot $150,000 to fund the news outlet.
The Bored Ape Gazette covers news about the Bored Ape Yacht Club (BAYC) NFTs, Mutant Apes Yacht Club (MAYC), Yuga Labs’ metaverse game, and Kennel Club (BAKC). Thanks to ApeCoin, the funds may last for one year.
These three crypto DAOs face challenges head-on as a family, but it is important to compare and analyze which community you want to be part of–a family that shares the same passion with you.
Dogetti is currently on its presale, and if you want to buy DETI coins while they are still inexpensive and reap a great harvest later, use this family code WISEGUY25 to get extra 25% tokens on your purchase!
You may also follow Dogetti on their social media or visit their website by clicking the links below:
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_