OHM forks and risks (∞)
(STAY UNTIL THE END OF THE ARTCLE.A SURPRISE MAY BE WAITING FOR YOU)
Since olympus dao made the start introducing what we now call DEFI 2.0 many projects forked their contract and begun making their own projects.I will post most famous ones and i will say my opinion in each one.
So lets begin :
- Wonderland (build on Avalanche) https://www.wonderland.money/
Wonderland is on avax chain and imo is the most secure after olympus dao.Strong team solid apy and bond percentages
Sentiment: SAFE
2. Klima DAO (build on polygon) https://www.klimadao.finance/
Drive climate action and earn rewards with a carbon-backed, algorithmic digital currency.
klima is trying to buy all the carbon dioxide bonds in order to drive up the prices so the nations that take advantage of low carbon dioxide bonds and continue and pollute the planet finds it difficult to cope.their idea is amazing and i believe they have a lot of future in front of them
Solid team forked contract
Sentiment:SAFE
3. Jade protocol (build on BSC) https://jadeprotocol.io/
Jade Protocol is the most profitable rebase project with APYs over 1 Billion% and bond discounts at 20% for a limited time. Jade was fairly launched with no pre-mint, no VCs, & no team allocation.
Jade imo is the most risky one atm..they have high yields high bond percentages and some crazy apys(1 mln or smt)
already they got hacked once.they have some hype but i am staying away from this project
Sentiment: HIGH RISK
4. ROME DAO (Build on Moonriver) https://romedao.finance/
Assembling the great houses to build the reserve currency of Kusama & Polkadot.
Rome DAO is a new player.team is solid .roadmap has a lot of exciting stuff like nft rpg games wars etc.
i believe that they have a bright future in front of them!
build on moonriver fees are low and imo movr network has a lot of future and adoption (eth 2.0 specs)
Sentiment: SAFE
5. SPARTACUS DAO (Build on fantom) https://spartacus.finance/
Spartacus is missioned to build a community owned protocol for decentralized reserve currency.
Nice team great community still nothing bad from what i know of!
build on fantom blockchain fees are low
Sentiment: Medium
6. BABYLON DAO (Build on Solana) https://www.babylon.finance/
Babylon is a decentralised reserve currency build on solana
i dont have a lot of love for solana ecosystem
team is nice.community is good
Sentiment: MEDIUMM
7. TEMPLE DAO ( build on ethereum) https://www.templedao.link/
TempleDAO is designed on strong principles: building the Temple for the long-term, community first and fairly in all aspects, and prioritising stable wealth creation. Our innovative mechanics including safe minting, intrinsic value backed rewards, safe harvest, price defence incentives,
One of the most intresting one is temple.Being a member of their discord for a lot of time i have to say that the rituals in order to reach wl was the most enjoyable ones
team is amazing and community is really lovely
Sentiment: SAFE
To clonclude i will mention one of the most anticipated projects ehich in my opinion everyone should research
(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)(∞)
Of cource i am talking about CONCAVE DAO
the team is ALL STAR
mods are the most helpful i have encountered in my journey to DAOs
discord community is the most helpful and lovely i have ever come across
concave not to being mistaken is not a fork of olympus DAO but a SPOON
their mission is not only to launch a DAO project but to educate their community and make them better and with more knowledge than when they first joined.And they making it happen!
Thank you for staying with me till the end.Hope i helped in your research for the DAO ecosystem!
See you soon and dont forget to SYNC (∞)
