Spiral
1. Summary
- Description
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Spiral DAO Overview
Spiral DAO Overview
Spiral DAO is a decentralized autonomous organization (DAO) focused on aggregating liquidity, securing DeFi governance tokens in its treasury, and incentivizing Liquidity Providers. The DAO employs an approach called 'Yield Bonding,' where it distributes its native SPR tokens to users who provide liquidity, offering them at a discounted rate to alleviate selling pressure and reduce the circulating supply of supported protocol tokens.
Treasury
Spiral DAO's treasury consists of multiple governance tokens and stablecoins managed by a multi-signature wallet. Strategies for using these assets are proposed and voted upon by SPR token holders. This decentralized process ensures efficient utilization of the assets. Users holding SPR tokens participate in Spiral DAO's governance and treasury management.
Incentives and Governance
SPR tokens are issued as incentives for Liquidity Providers to pool their liquidity, making the DAO more capital-efficient. Spiral DAO allows everyone to participate in the governance of numerous protocols by holding only one token, amplifying the user's liquidity voting power.
| Price | |
| All Time High (ATH) Date | 2nd Feb 2025 (2 weeks ago) |
| All Time Low (ATL) Date | 2nd Feb 2025 (2 weeks ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2.00 |
How does Spiral's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
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| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 19,068 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://spiral.farm/ |
|---|---|
| Explorer | https://etherscan.io/token/0x85b6ACaBa696B9E424717... |
| @Spiral_DAO |
What is the correct contract address for Spiral?
| Ethereum | 0x85b6acaba696b9e4247175274f8263f99b4b9180 |
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Has Spiral been audited for security?
No security audits found for this project.
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