HaloDAO Protocol is a decentralized platform that allows for efficient trading of stablecoins and other cryptocurrencies. It also enables the creation of lending markets for stablecoins. The network is currently available on Ethereum and will soon be introduced on Binance Smart Chain and Polygon.
The native utility token of the platform is called RNBW. It serves multiple purposes, including participating in governance decisions, earning a share of stablecoin profits when staked and voted, acting as collateral in lending markets, and providing liquidity for the Automated Market Maker (AMM).
The HaloDAO Protocol offers various features, such as an AMM tailored for stablecoin trading, a lending market that focuses on stablecoin risk management, off-chain voting for governance decisions, and liquidity rewards and vesting through the xRNBW token.
The total token supply for the HaloDAO Protocol is capped at 100 million, with the mainnet launch taking place on June 24, 2021.
For those who want to download the Halodao logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Halodao logo.