DAO Token List
Discover the top DAO tokens currently on the market and learn about their potential for growth and investment. Get an overview of the key features, performance, and market trends of each token. Stay informed and make informed investment decisions with this comprehensive DAO token list.
Every DAO project in existence has a governance token, this token is used mostly for decision-making, such as voting power the more DAO token you own more voting power you have, delegation, and, ownership proportion among members. Owning any given DAO token in the world of web3.0 show’s that you are a member of that DAO and you bought into its vision. It is more like buying a traditional company share or being a stakeholder in any Web 2.0 organization. In the course of this article, you will understand and get an in-depth knowledge of DAO tokens.
DAO crypto token
DAO tokens are considered crypto assets because they are built on the blockchain, and traded on DEXs while some DAOs go as far as listing their tokens on CEXs. This oftentimes is a marketing strategy to bring in more investors to the project, it can also be said to be a fundamental analysis. Buy the rumor sell the news. Below is the list of DAO tokens according to the Binance blog:
- UNI (Uniswap) is a DAO token built on the ETH blockchain with a market cap of $10,105.62 Million MCP.
- Aave (AAVE) is a lending and borrowing DAO on the ETH chain, with a market cap of $2,900.85 million MCP.
- Curve (CRV) is a staking, locking, and liquidity provider DAO/ protocol. Built on the ETH blockchain as well, it also functions as a DEX with a market cap of $2,123.86 Million MCP.
- Compound (COMP) Compound Finance is a DAO token also built on the ETH chain. It also functions as a lending and borrowing algorithmic protocol. It has a market cap of $1,217.08 million.
- 0X (ZRX) is an open-source DAO on the ETH chain, with a market cap of $612.99 million MCP.
- RoboFi Vics ($VICS) VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem and a reliable crypto trading bot marketplace. According to coingecko RoboFi, $VICS has an FDV of $49,892,295. 24 hours trading volume of $8,919.
It is vital you know that the above-stated market cap was in accordance with that on the Binance blog.
How many existing DAO tokens are there?
There are over 4,000 DAOs in existence not calculating upcoming DAO projects in the web 3.0 industry. From the above-mentioned figures, since there are over four thousand plus DAOs in existence… There are over 4,000 DAO tokens out there. The maximum supply of DAO tokens is 309,448,800 million tokens, with various market caps and price structures.
Top DAO Tokens
In every industry there are top functional, and, recognized key players, so it is with DAOs. $UNI, $AAVE, $ZRX, $CRV, $CMP. These are the top DAO token players and below is the reason.
UNISWAP: Uniswap is a decentralized DAO exchange built on the ETH blockchain with its native token or governance token $UNI. Uniswap provide the solution of DEX trading on the ETH blockchain and also provides liquidity for traders on the ETH network, and as such made it the first ever DEX in the history of the ETH blockchain to be built not only is it the first DEX on the network but the $UNI token have been the most traded on the eth network.
AAVE: Aave is a lending and borrowing protocol that is built on the ETH blockchain, it provides a solution for those who wish to borrow money for a particular period of time and will refund at a given time frame. It serves as a DEX banking system for its members and other external users. Lending protocols such as AAVE also provide escrow services indirectly as they help in protecting their users from back actors.
OX ZRX: Popularly known on the ETH chain as 0X… Providing interrupted frictionless transactions for peer-peer solutions for assets on its protocol.
CURVE: Curve. Fi $CRV token is built on the ETH chain, with the aim of solving automated market marking on the ETH ecosystem.
COMPOUND: Compound with its DAO token $COMP is a lending and borrowing DAO with the need to provide the solution to algorithmically fix the interest rates on assets based on the activities on its liquidity pool.
ROBOFI VICS: RoboFi Vics is a DAO crypto trading bot project, built out of the need to solve the traditional trading system and help traders trade in a more secure, and decentralized means. $Vics is the native token of the RoboFi ecosystem and the governing token of RoboFi. RoboFi envisions a DAO crypto trading bot sytem.
DAO Tokens: What to Watch in the Coming Year
The important thing to watch out for this year in regard to DOA tokens are:
- The tokenomics of DAO tokens.
- The utilities of these tokens.
- Look out for the dedication of their communities.
- Roadmap and future innovation.
- The team behind the DAOs development.
With these in place you will make the right decision if searching for a DAO to belong to or invest in, note that this is not a financial advice ensure to carry out your own research.
DAO Token List: Understanding the Key Players in the Market
- Uniswap (UNI), ETH blockchain.
- Aave (AAVE), ETH blockchain.
- Curve DAO (CRV), ETH blockchain.
- Compound (COMP) ETH blockchain.
- Sushi Swap (SUSHI) ETH blockchain.
- Velodrom Finance (VELO) Optimism L2 chain on the ETH blockchain.
About RoboFi
Robofi is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.
About VICS
VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.
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I'm Carina, a passionate crypto trader, analyst, and enthusiast. With years of experience in the thrilling world of cryptocurrency, I have dedicated my time to understanding the complexities and trends of this ever-evolving industry.
Through my expertise, I strive to empower individuals with the knowledge and tools they need to navigate the exciting realm of digital assets. Whether you're a seasoned investor or a curious beginner, I'm here to share valuable insights, practical tips, and comprehensive analyses to help you make informed decisions in the crypto space.
