AuxoDAO Overview
- What is AuxoDAO?
AuxoDAO is a decentralized autonomous organization (DAO) that focuses on trust-minimized yield farming, providing real yield paid out in WETH to stakeholders. Auxo utilizes a variety of approaches to optimize returns for its treasury, which were then fully distributed to its Reward Vaults.
- Main Features
- Variety of yield farming strategiesRewards paid in WETHDecentralized GovernanceProtocol-owned liquidityNon-dilutive tokenomics
- Blockchains
- Ethereum
Frequently asked questions
Treasury-backed liquidity on Auxo Protocol works by using premium assets in the Treasury contract to create an intrinsic floor value for AUXO tokens. The protocol-owned liquidity is utilized to reduce divergence from the Net Asset Value (NAV) and maintain a healthy price.
The Passive Rewards Vault (PRV) on Auxo Protocol is a feature that allows users to participate in the Auxo ecosystem and earn rewards without being involved in governance-related matters. Users can deposit Auxo into the vault at a 1:1 ratio, and the vault token can be staked to earn rewards.
Customer Reviews
Share your thoughts
If you’ve used this app, share your thoughts with others.
There are no reviews yet!
Be the first and add a review.
Explore Top Apps
If you enjoy using AuxoDAO, you’ll love those Decentralized Finance apps.
Stay ahead in Web3!
The latest Ethereum and L2s apps, tools and resources, sent to your inbox.