Introduction
PandoraDAO is a decentralised reserved currency protocol on Arbitrum that uses Artificial Intelligence.
PandoraDAO is a decentralised reserved currency protocol and everyone can take advantage of PandoraDAO's treasury growth.
PandoraDAO is also a protocol on the Arbitrum blockchain with the sole purpose of establishing PDRAI as a crypto-native reserve currency. While conducting autonomous and dynamic monetary policies, the PandoraDAO treasury often leads direct market operations.
We're pleased to become part of the Arbitrum ecosystem, and look forward to start working with other protocols on Arbitrum to expand the adoption of the PDRAI tokens.
How can be part of Pandora's Decentralized Autonomous Organization (DAO) ?
There are two ways for you to take part in PandoraDAO.
You can either stake or bond your Pandora assets. Holders can stake their PDRAI tokens for more PDRAI tokens, and bonders exchange LP or USDC tokens for discounted PDRAI tokens.
How can I benefit from PandoraDAO?
Stakeholders primarily benefit from supply growth: The protocol mints new PDRAI tokens from the treasury, most of which are distributed to stakeholders. Consequently, stakeholder gains will come from auto-compounding balances, though price exposure remains an important factor. As a result, stakers would profit if coin balance increase outpaced price drop (due to inflation).
On the other hand, bonders can take advantage of price consistency. The bonder commits capital upfront and receives a fixed return at maturity; that return is in PDRAI so the bonder's profits depend on the PDRAI price at maturity. In conclusion, bonders benefit from a rising or static PDRAI price.
Who runs PandoraDAO?
PandoraDAO is a project that is supported by the community, and the community members will have the ability to govern it through voting. Furthermore, PandoraDAO uses Artificial Intelligence to predict future market outcomes and bring steady growth to PandoraDAO's treasury.
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