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EDAO Price Live Data
What Is ElonDoge DAO (EDAO)?
EDAO (or ElonDoge DAO) powers the ElonDoge memecoin ecosystem as a governance token. EDAO powers auxiliary functions to expand ElonDoge's use-cases beyond its initial static reflection protocol and automated liquidity provision.
EDAO allows for several key expansion features made possible by decentralized governance such as: * Controlling parameters for NFT auctions and partnerships * Managing EDOGE and EDAO reserves for business use * Voting power for fair launch offerings on the ElonFuel launchpad (powered by ElonDoge)
How Many EDAO Coins Are There in Circulation?
The ElonDoge DAO launched on PancakeSwap on June 2021, with 100,000 EDAO tokens created at genesis. 2% of the supply went to provide liquidity on the PancakeSwap decentralized exchange. 60% are reserved for farming/staking rewards, 10% for future exchange listings, 10% under control by the DAO as a whole, and 8% for marketing rewards. The team has opted to lock their share of the remaining 10% supply at a 6-month vesting cliff.
Who Are the Founders of ElonDoge DAO?
ElonDoge DAO begins much in the same way as ElonDoge, spearheaded by ElonCapitan and his dog - Dogemater as well as the robot he built for this rocketship - Muskbeater. ### Where Can I Buy ElonDoge DAO (EDAO)?
EDAO is available for trading on a growing number of exchanges, with cryptocurrency pairs currently available on PancakeSwap, a decentralized exchange on the Binance Smart Chain.
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