FloorDAO FLOOR
1. Summary
- Price
-
$6.57 0.0%
- Market Cap
- $0.00 (#8500)
- Supply
- 0.00 / 563,939.00
- Tags
- Ethereum Ecosystem
- Description
-
FloorDAO
FloorDAO
FloorDAO is an NFT market-making protocol. It aims to enable deep liquidity for NFT collections through the use of protocol-controlled value and yield-generating strategies, starting with NFTX vaults. This protocol combines elements of Olympus mechanics and NFTX vaults to sweep floors, enable deep liquidity, and generate yield for the DAO treasury.
ERC20 Token: FLOOR
FLOOR is an ERC20 token that is intrinsically backed by 0.001 ETH (1 finney). It supports a treasury of yield-generating NFT liquidity. New FLOOR tokens are minted via rebasing or bonding, modeled after Olympus's OHM token.
Rebase Mechanism
The rebase mechanism works by minting new FLOOR tokens when the treasury holds more intrinsic value than the circulating supply and the reward rate is greater than 0. This ensures that the token's value is maintained and rewarded to stakers.
NFTX Vaults
FloorDAO incorporates NFTX vaults to provide liquidity to NFT collections. Tokens such as PUNK, backed by CryptoPunk NFTs, allow instant buying and selling of NFTs and track "floor" prices.
PUNK Token
PUNK is an ERC20 token backed by CryptoPunk NFTs in the NFTX vault. Each PUNK is backed by at least one CryptoPunk. This vault allows instant selling or buying of CryptoPunk pieces and tracks "floor" prices.
Tokenomics
The initial circulating supply of FLOOR includes aFLOOR, which will be redeemed for FLOOR. Governance votes on deploying the full set of contracts.
Price | |
52W High price | $7.44 |
52W High date | 6th Jun 2024 (5 months ago) |
All Time High (ATH) Date | 31st May 2024 (5 months ago) |
ATH Price | $7.98 |
% From ATH | -36.68% |
All Time Low (ATL) Date | 15th May 2024 (6 months ago) |
ATL Price | $1.97 |
% From ATL | 156.66% |
Supply & Trading Volume | |
Total Supply | 563,939.00 |
Max Supply | 563,939.00 |
FLOOR
How does FloorDAO's (FLOOR) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-7.7%
FLOOR
26.2%
Similar Market Cap
60 Day Return
118.7%
FLOOR
-
Similar Market Cap
We're monitoring 5 FloorDAO 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 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: 0 commits vs. an average of 111
Most Active Repos
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Top Developers 2024
In total, 0 developers have contributed to FloorDAO over the past year. Who are the most active FloorDAO developers, by commits, over the past year?
Related Projects
Developers working on FloorDAO also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
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Telegram Users | |
Twitter followers | 11,265 |
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/ |
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Explorer | https://etherscan.io/token/0x3b0fccbd5dae0570a70f1... |
@floordao |
What is the correct contract address for FloorDAO?
Ethereum | 0x3b0fccbd5dae0570a70f1fb6d8d666a33c89d71e |
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Has FloorDAO been audited for security?
No security audits found for this project.
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