AladdinDAO breaks down information and access barriers in DeFi

AladdinDAO is a group of “DeFi experts” that identifies promising projects while benefiting from their liquidity mining programs. The idea is that collective DeFi thinking is superior to individual thinking. Members that positively contribute are rewarded while those that don’t are eventually removed from membership. The long term vision is to build a decentralized investment engine to harness the wisdom of the crypto crowd.

The concept of DeFi let alone cryptocurrencies is still new to many people. Information is fragmented and noisy across various outlets by speculators and influencers. As a result, the community constantly gets hacked and falls victim to rugpulls. However, those that are more involved in this space have asymmetric information. In order to reduce information asymmetry and optimize asset allocation for the DeFi space, AladdinDAO brings together the great minds of DeFi through a collective value discovery process. The result enables community members to participate in the returns of the liquidity mining program.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
James Chung

Founder and Contributor @DigitalBankr. I write exclusive research, analysis and market news on all things blockchain, including crypto-assets.