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What is Alpha DAO?

We are glad to announce we are the first DAO on KuCoin's Community Chain (KCC) Alpha DAO is an open financial protocol on KuChain that utilizes community driven DAO governance to decide project development and launch the best DeFi strategies to maximize profits for token holders.

Full description of Alpha DAO

We are glad to announce we are the first DAO on KuCoin's Community Chain (KCC) Alpha DAO is an open financial protocol on KuChain that utilizes community driven DAO governance to decide project development and launch the best DeFi (Decentralized Finance) (?) strategies to maximize profits for Token (?) holders. The ALPHA governance token guarantees the economic stability of the DAO through its regulated supply stated in the Smart Contracts. The ALPHA token is also used in its on-chain proposal and voting system that manages development, msig, yield strategies, and DAO decision making. In the long term, we believe this system can be used to optimize for stability and consistency. In the short term, we intend to optimize the system for growth and wealth creation. ALPHA is the governance token of our protocol and can be used to govern and capture its value. The reasons for holding this token are as follows: Holding ALPHA tokens will allow you to decide the future direction of the protocol. As the governance token of this project, ALPHA tokens have permanent governance value, with a total issuance amount capped at 133700.
  • Exchange symbol (?): ALPHA
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS