AladdinDAO ALD Price 0.07347425

To learn more about this project, check out our deep dive.
What is AladdinDAO?
AladdinDAO is a network that will shift investments from venture capitalists to the wisdom of crowds. The AladdinDAO solution is to battle information asymmetry and help retail investors filter the signal from the noise. Many yield farms popped up, but many died quickly, taking user funds with them.
The protocol is a three-sided marketplace that helps DeFi projects source liquidity by connecting them with yield farmers looking for the most reliable assets. A council selects the best farms and gives them a reward.
It is made up of an elected group of veterans that are voted on by talent hunters. 80% of the initial Boule members are nominated by talent hunters and 20% by the community. Boule members can be proposed by each talent hunter.
Strategy developers conduct technical integration of mining programs to the platform. Boule members can appoint Boule Plus members in subsequent periods.

Who are the founding members of AladdinDAO?
AladdinDAO doesn't have founders as such. It is supported by several prominent names in the space, such as Alameda Research, Polychain Capital, Robert Leshner, Kain Warwick and several other funds.

What makes AladdinDAO unique?
AladdinDAO has designed an incentive structure to harness the wisdom of the crowd and develop a value-adding network. Boule members get regular reviews based on their performance after the initial selection process. The top five Boule members get promoted to talent hunters if the TVL exceeds the previous period. Based on the performance of their nominated council members, talent hunters earn passive income.
Boule members are rewarded based on a formula that adjusts for a number of factors, including votes, time decay, and weight of vote. Boule members vote in favor of a proposal less often than they vote in favor of something else. Boule Members are rewarded for Yes votes to an outperformed pool. Boule Members are encouraged to vote with a high conviction level.
Any project can be added for yield farming for a fee. Boule members have to vote with a simple majority in favor of the proposal required. 20% more Yes than No votes are required for the proposal to pass if less than half of members vote. If at least 20% of token holders veto the proposal, a Boule member can call for a vote.
Boule Plus members can vote to add or remove pools and receive a share from the 2% option reserve.

Pages that are related
There is a investment platform called Dao Maker.
The currency is run by a DAO.
We have a guide to DAOs.
The latest trading insights and news can be found on the blog.

How many AladdinDAO coins are in circulation?
80% of the total supply will be mined, 1% will be distributed via airdrop, 4% through a bootstrapping pool, and 15% will be governed by the community.


26% goes to mining, 25% to Boule members, 5% to talent hunters, and 1% to strategy developers. Contributions with important contributions to the startup, growth, and development of the AladdinDAO get 30% of the money. The weight of the pool/total weight is used to calculate the number of token in each block. 2% of the 8% going to Boule Plus members goes to the DAO reserve, which is community-governed and vested over 4 years.

How is the AladdinDAO network secured?
The token will be called ALD.
One of the most popular solutions for DAOs like AladdinDAO is the ether. The proof-of-work mechanism requires miners to mine new ether.

When will AladdinDAO trading begin?


Can AladdinDAO hit $1?
AladdinDAO has developed an intriguing concept to a real problem, the abundance of yield-farming options that leads to analysis paralysis on the part of retail investors. If the protocol develops as planned, it will draw a lot of interest and generate a lot of TVL.

Where can you buy AladdinDAO?