Name of Project
XDAO
Proposal overview
What is XDAO
XDAO was created with the idea to make DAOs the place for crypto mass adoption by providing the tools for groups to control mutual treasury, build communities and invest in DeFi.
In short, XDAO is a fully customizable DAO builder for treasury management, multisig wallet and the platform for investment. DAOs on XDAO can be any-sized companies.
Brief Product Demo from XDAO CTO Egor Gavrilov:
XDAO created specifically for:
– Venture funds
– Investment pools
– Startups
– DeFi projects
– NFT and GameFi collectors
What can be done with XDAO:
– Manage the treasury of the DeFi project
– Manage and distribute (salary, marketing, etc.) capital in any organization on the blockchain
– Invest in DeFi with shared assets
– Buy NFTs and collectively participate in GameFi
– Carry out charitable activities
– Participate jointly in allocations, IDO, Launchpad
– Manage family assets
– and much more!
The XDAO team has invested $600k of its own funds in the development of the product and:
Won Binance SmartChain Hackathon (BSC NFT & DeFi Hackathon - Russia & CIS Grant | Grants | DoraHacks)
Won the HECO Hackathon (https://devpost.com/software/xdao) and received 2 awards
Received a grant from the Polygon team
Received a grant from the NEAR Foundation
Received a grant from the Optimism team
Moralis Avalanche Hackathon (Winners of the Moralis Avalanche Hackathon | by Avalanche | Avalanche | Medium) Prize
Tron Grand Hackathon 2022 (https://twitter.com/trondao/status/1503476183031242755) Prize
Received a grant from the Moonbeam Foundation
Received a grant from the Astar Network
Received a grant from the Oasis Foundation
Received a grant from the Klaytn Foundation
AUDITS
Hacken
Pessimistic
Proposal ask
$60k
$40K after launching a feature-complete product on mainnet.
$5K Private Exit module deployed on the mainnet (Early burn of LP tokens; Number of earned LP tokens displayed; Type of LP tokens displayed).
$5K Dividends module deployed on mainnet (сalculates dividend earningsper investor; allows payment of dividend earnings).
$5K Launchpad module deployed on mainnet (creates initial launchpadparameters: rate and number of LP tokens).
$5K Payroll module deployed on mainnet (pay salaries to employees or other regular payments).
Metrics for success
Milestone 1. Integration of XDAO platform into the Harmony Network. Seamless creation of Dao with full functionality.
Milestones 2. Integration of the following XDAO modules (private exit, dividends, launchpad and payroll) into the Harmony Network.
• Private Exit module deployed on the mainnet with the functions: Early burn of LP tokens;
Number of earned LP tokens displayed; Type of LP tokens displayed.
• Dividends module deployed on mainnet with the functions: calculates dividend earnings per
investor; allows payment of dividend earnings.
• Launchpad module deployed on mainnet with the functions: creates initial launchpad
parameters: rate and number of LP tokens.
• Payroll module deployed on mainnet with the functions: pay salaries to employees or other regular payments.
Fully working modules with all the functionality.
External links
Linktree: XDAO | Instagram | Linktree
to have the Harmony community participate to ask questions and provide feedbacks.