DarkCrypto Finance is preparing to make a significant transition to make the project’s ecosystem more unified and complete.
Ambitious DAO Improvement
To create more utility value for the ecosystem, DarkCrypto Finance decided to upgrade the brand DarkCrypto DAO Fund to DarkFoundation. If before, DarkCrypto DAO Fund had only one goal of acquiring $DARK, now DarkFoundation will aim to develop with many diverse purposes.
All profits from DarkVerse dApps (DarkSquid, DarkVegas, DarkSport, DarkAuto) will be poured into DarkFoundation. Part of this profit is used to reward $DCF (DarkCrypto Foundation token) in the form of $WCRO (DarkNFTs required staking), and the rest will be used for other purposes such as strengthening DarkCrypto’s ecosystem Finance and reinvesting in other upcoming projects.
In addition, DarkFoundation will actively participate in finding investment opportunities in potential projects to strengthen the project’s partnerships across various ecosystems.
DarkFoundation also aims to be completely decentralized, a platform where $DCF holders can discuss their ideas and contributions with the core team and other users by making suggestions as project investors and using their voting rights.
DarkCrypto Ecosystem Tokens Merge
To improve liquidity and capital efficiency for users, DarkCrypto Finance has introduced the conversion of user balances of all existing DarkCrypto Ecosystem tokens into a single token called x
The primary purpose of this development is to empower users with more opportunities to contribute to the direction of DarkCrypto and benefit the community by distributing profits from the entire ecosystem through $staking DCF and NFT. The higher the profit the ecosystem can generate, the greater will be the amount distributed among users.
“This is just the beginning, and we have a lot that we are working on to make sure DarkFoundation becomes bigger than ever,” The DarkCrypto Finance team said on the blog.
For more detailed information about Migration time and location, Converting rate, $DCF Tokenomic & distribution, $DCF utilities, and plan to release, visit here.
What is DarkCrypto:
DarkCrypto is a DeFi ecosystem on the Cronos chain built around its algorithmic stablecoin, DARK, which is pegged to the price of CRO, the native token of the Cronos network. The protocol offers a solution through which the supply of the DARK stablecoin is allowed to be adjusted deterministically to ensure that the price of the stablecoin moves in the direction of its pegged token, CRO.
Its metaverse, called DarkVerse, increases the demand for its native $DARK token. DarkVerse comprises DeFi App, GameFi, NFT Apps, Betting DApps, and MetaVerse applications.
Where to find Dark Crypto:
Website | Twitter | Medium | Documentation | Telegram | Reddit | Discord | YouTube | Github
Source : bsc.news
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