Web3.0 Oracle Technology API3DAO with DAO Management is online.
According to media reports, API3 announced Web 3.0 oracle API3 Authority DAO (Managed DAO) with DAO management functions, and any API3 token holder can join administration and enlist. API3 DAO currently manages 23 million USDC, 25 million API3 and most API3 funds, adding tokens to be traded with other DAOs. The objective of the API3 authorized DAO is to enable it to be the governing body that directs and guides the direction of the API3 project through the approval of the DAO voters. According to the group, the DAO commitment price starts with an annual rate of return of 47.12% per annum and is adjusted based on the total commitment amount to achieve the goals promised by the DAO. All symbolic items and gifts are locked. Deductions can be made after one year and the contract can be returned free of charge upon closing.
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