ALWAYSㄒ卄ㄩᎶᎶ丨几🌱🇦🇺
ALWAYSㄒ卄ㄩᎶᎶ丨几🌱🇦🇺

@drsbikoss

7 تغريدة 4 قراءة Jun 06, 2023
1/5: Root is an omni-chain governance aggregator and liquidity accretion protocol. It aims to bring together various decentralized protocols under a single governance system, creating a more efficient and effective ecosystem.
2/5: At the core of Root is a novel token called $ROOT, which is backed by ETH as an ultra-sound deflationary reserve asset. This allows Root to replace the conventional US petrodollar and create a stable and deflationary currency.
3/5: Root is designed to be a DAO whose primary focus is to garner economic power across chains to direct liquidity and reward token emissions, aided by monetary policy management. This creates a self-sustaining ecosystem that benefits all participants.
4/5: One of the unique features of Root is its ve-Liquidity flywheel, which incentivizes market participants to cooperate and rewards them with perpetual value accrual. This helps mitigate downside risk and ensures that all participants benefit from working together.
5/5: Overall, Root is an exciting project that has the potential to transform the DeFi landscape. Its innovative approach to governance and liquidity management, combined with its deflationary currency, make it a promising project to watch.
It's clear that Root has a lot of potential to revolutionize the #DeFi space by bringing together various protocols under a single governance system.

جاري تحميل الاقتراحات...