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Power DAO Price (POWER)
-200% Bonus1,000,000 POWER
1,000,000 POWER
Power DAO POWER Power DAO (POWER) Chart
Power DAO (POWER) Return On Investment(ROI)
What Is Power DAO(POWER)?
Power Protocol is a meta-governance framework that combines transparent and traceable KPIs with financial rewards and penalties to facilitate effective collective-decision making and collaboration. The Power Protocol enables new or existing DAO's to manage themselves more effectively. Power DAO is Power Protocol's genesis community, and can generate an arbitrary number of Special Purpose DAOs (SP-DAOs) that use Power Protocol.
The Founders of Power DAO(POWER)?
Power DAO(POWER) is founded by Sasha Ivanov. Sasha Ivanov is a Technology Entrepreneur and for the past decade he's been helping improve business, banking and public administration systems evolving electronic payment mechanisms. In 2016 he founded Waves Platform, a global public blockchain platform with a market cap of $1.7 billion (as of 19th December, 2017), which was crowdfunded 30,000 BTC ($18 million), representing the second-largest successfully crowdfunded blockchain project (after Ethereum). The name references his background as a theoretical physicist and the recently-discovered gravitational waves predicted by Einstein a century ago.
How Does Power DAO Work?
The Power DAO will issue a limited supply of $POWER tokens and provide liquidity to facilitate $POWER token buybacks using basic automated market maker (AMM) mechanics. All SP-DAOs are initiated and activated through the Power DAO. Any Power DAO user with a certain amount of $POWER staked, can submit an SP-DAO Initiation proposal to vote. After a SP-DAO Initiation proposal vote succeeds, the proposal moves to an Activation vote for a specified period of time. If the Activation proposal is successful, the transaction is executed and the new SP-DAO is launched on the Power Protocol.
What Is POWER Token?
$POWER is a limited supply governance token with a maximum of 1,000,000 $POWER tokens minted. $POWER’s scarcity protects against the Sybil governance attacks common to inflationary simple token governance models. A Sybil governance attack occurs when a malicious actor takes control over a majority of governance tokens (by accumulating a large stake on the open market, accumulating ongoing emissions, or by bribing other stakeholders) and can therefore control the outcome of arbitrary votes. The total supply of $POWER is fixed and deflationary. Power Protocol's unique Stakeholder slashing penalty gradually reduces the total supply of $POWER over time. In addition, as the sole medium of exchange across Power Protocol DAOs, $POWER is used to distribute profits, rewards and conduct buybacks, creating consistent buy pressure and price appreciation
The $POWER token's utility comes from the same functionality that any Layer 1 blockchain's native token has. It is used as a medium of exchange and a means of governing all DAOs that utilize the Power Protocol. All profit and rewards generated on the Power Protocol are paid out in $POWER, and Stakeholders can use $POWER to govern Power DAO and propose and govern new SP-DAOs.
Power DAO (POWER) Community
- Twitter: https://twitter.com/PWRDAO
- Medium: https://medium.com/@PWRDAO
- Telegram: https://t.me/PWRDAO
Power DAO FAQ
What is the price of Power DAO (POWER) token?
CoinCarp does not currently have price data for Power DAO as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Power DAO is live on an exchange, CoinCarp will provide real-time Power DAO (POWER) token prices from different exchanges.
Is Power DAO (POWER) token a good investment?
It depends on your personal risk tolerance and investment goals. Power DAO is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Power DAO investing, you will also need to understand the Power DAO project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Power DAO (POWER) token token?
CoinCarp's tracking data suggests that the Power DAO is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Power DAO from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Power DAO.
How to short Power DAO (POWER) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Power DAO contracts or ETF trading. so you can't short Power DAO
What will Power DAO (POWER) token be worth in 5 years?
It is impossible to predict what Power DAO will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Power DAO's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Power DAO 5 years from now.
POWER Price Statistics
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