FloorDAO (Old)
1. Summary
- Description
-
Overview
Overview
FloorDAO is a decentralized NFT market-making protocol. It aims to enable deep liquidity for NFT collections using Protocol Controlled Value and yield-generating strategies. The protocol combines Olympus mechanics and NFTX vaults to sweep floors and generate yield for the DAO treasury.
Key Components
- FLOOR Token: FloorDAO's native ERC20 token, modeled after Olympus's OHM. Each FLOOR is intrinsically backed by 0.001 Ξ (1 finney).
- Rebasing Mechanism: FLOOR is minted via rebasing or bonding. New FLOOR is minted when FloorDAO's treasury holds more intrinsic value than the circulating supply of FLOOR and the reward rate is greater than 0.
- NFTX Vaults: NFTX vault tokens, such as PUNK, represent NFT liquidity. These vaults allow instant buying or selling of NFTs and track "floor" prices.
- Tokenomics: FloorDAO's tokenomics involve a circulating supply of at most 500,000 aFLOOR initially released via Copper LBP, with governance voting on deploying contracts and redeeming aFLOOR for FLOOR.
FloorDAO combines liquidity layers and yield strategies to create deep markets for NFT collections, primarily using NFTX vault tokens.
| Price | |
| 52W High price | $5.14 |
| 52W High date | 16th Aug 2023 (11 months ago) |
| All Time High (ATH) Date | 13th Jul 2024 (1 week ago) |
| All Time Low (ATL) Date | 13th Jul 2024 (1 week ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $34.00 |
How does FloorDAO (Old)'s () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
-3.0%
Similar Market Cap
We're monitoring 5 FloorDAO (Old) GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All FloorDAO (Old) Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 6 commits vs. an average of 117
Most Active Repos
| Past week | 52 |
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| Past 12 weeks | 106 |
| Past year | 282 |
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Top Developers 2024
In total, 29 developers have contributed to FloorDAO (Old) over the past year. Who are the most active FloorDAO (Old) developers, by commits, over the past year?
Related Projects
Developers working on FloorDAO (Old) also worked on these projects.
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Historic data is only available from 22nd April 2022
Total Followers
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| Telegram Users | |
| Twitter followers | 11,335 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://floor.xyz/ |
|---|---|
| Explorer | https://etherscan.io/token/0xf59257e96188363629041... |
| @floordao |
What is the correct contract address for FloorDAO (Old)?
| Ethereum | 0xf59257e961883636290411c11ec5ae622d19455e |
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Has FloorDAO (Old) been audited for security?
No security audits found for this project.
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