SpiralDAO Coil COIL
1. Summary
- Price
-
$0.60 +0.1%
- Market Cap
- $0.00 (#10689)
- Supply
- 0.00 / 11.90M
- Tags
- Ethereum Ecosystem
- Description
-
Overview
Overview
SpiralDAO Coil is a Decentralized Autonomous Organization (DAO) designed to acquire and manage governance tokens from various DeFi protocols within a single community-controlled treasury.
Key Features
- Token Aggregation: SpiralDAO aggregates liquidity, similar to yield aggregators, but instead of selling reward tokens, it redirects and secures them within the DAO treasury, reducing selling pressure and circulating supply of supported protocols.
- Native COIL Token: SpiralDAO distributes COIL tokens to users, providing an additional yield boost and incentive for Liquidity Providers (LPs) to contribute to the treasury.
- Treasury Management: The treasury is designed to optimize token usage, generate additional value for holders, and conduct periodical overflow auctions to accumulate funds and onboard new users.
- Governance Simplification: SpiralDAO aims to simplify governance by allowing users to participate in the governance of numerous protocols with a single token, amplifying user liquidity and voting power.
Benefits
- Efficient Treasury: Utilizes tokens to provide additional backing and generate value for holders.
- Incentives for LPs: Offers additional yield boosts and incentives for LPs to contribute to the treasury.
- Streamlined Governance: Simplifies governance by allowing users to participate in multiple protocols with a single token.
Unique Approach
- Yield Bonding: SpiralDAO aggregates liquidity and secures tokens within the DAO, reducing selling pressure and circulating supply.
- Overflow Auctions: Periodically conducted to accumulate new funds and onboard new users.
- Liquid Lockers: Mechanisms to retain voting power and benefits while remaining liquid.
| Price | |
| 52W High price | $1.37 |
| 52W High date | 20th Dec 2023 (1 year ago) |
| All Time High (ATH) Date | 15th Apr 2023 (1 year ago) |
| ATH Price | $3.09 |
| % From ATH | -77.25% |
| All Time Low (ATL) Date | 25th Nov 2024 (2 months ago) |
| ATL Price | $0.43 |
| % From ATL | 65.01% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2,413.00 |
| Total Supply | 11.90M |
COIL
How does SpiralDAO Coil's (COIL) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
54.6%
COIL
51,626.9%
Similar Market Cap
60 Day Return
40.0%
COIL
4,051.5%
Similar Market Cap
1 Year Return
-47.1%
COIL
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 23,864 |
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/0x823e1b82ce1dc147bbdb2... |
| @Spiral_DAO |
What is the correct contract address for SpiralDAO Coil?
| Ethereum | 0x823e1b82ce1dc147bbdb25a203f046afab1ce918 |
|---|
Has SpiralDAO Coil been audited for security?
No security audits found for this project.
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