Description: Reserve of reserves mechanics across multiple chains - stake and earn compounding interest. Divine Creatures DAO developed a decentralized reserve currency protocol based on the $EGIS token. Our protocol was inspired by OlympusDAO and Wonderland DAO. Each $EGIS is backed by FTM-denominated assets (e.g. FTM) in the Divine treasury, giving the token an intrinsic value that it should not fall below. Divine Creatures will leverage similar staking and bonding dynamics of OlympusDAO.
What is Divine Creatures vision?
First is to innovate project launches. We will employ auction of NFTs that carry IDO allocations, combined with a lottery. The NFT auctions will be spread out over several days, spanning all time zones, so that everyone anywhere could take part. Secondly, Divine Creatures DAO aims to create the ultimate ‘treasury of treasuries’ by backing in part by other treasury tokens, e.g wMEMO. Plethora of treasuries we trust, why not combine them?
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