Risy DAO
Risy DAO
Rise with RISY! The cryptocurrency space has experienced tremendous growth and innovation over the past decade. However, it continues to face significant challenges that hinder widespread adoption and long-term sustainability. Risy DAO emerges as a solution to these challenges, offering a unique blend of decentralized governance, economic stability, and fair distribution mechanisms. Risy DAO is a revolutionary decentralized autonomous organization (DAO) built on the Polygon blockchain. It aims to address critical issues in the cryptocurrency space, including centralization, market manipulation, unfair token distribution, and sustainability. The project features a custom ERC20 token (RISY) with advanced functionality and a robust governance system for decentralized decision-making. Key features of Risy DAO include: - Fully decentralized governance - Capped supply with a maximum of 2x initial supply - Daily transfer limit of 10% for whale protection - DAO fee of 0.1% on transfers for sustainable development - Temporary ICO max balance limit of 0.75% for fair distribution - Correlation with both USD and gold for stability - Built on Polygon for fast and affordable transactions - The RISY token is designed with the following economic model: - Initial Supply: 1,000,000,000,000 RISY - Maximum Supply: 2x initial supply (2,000,000,000,000 RISY) - Creator Holdings: 2% of initial supply - Initial Liquidity: $20,000 (50% USDC, 50% PAXG) - DAO Fee: 0.1% on each transfer - Daily Transfer Limit: 10% of balance - Temporary Hodl Limit for ICO: 0.75% during ICO Key points: - Correlation with both USD and gold provides stability against market fluctuations. - The DAO fee funds ongoing development and community initiatives, ensuring project sustainability - Exemption of DEX purchases from daily limits encourages buying, potentially creating a 10:1 buy-to-sell ratio - Built on Polygon for fast and affordable transactions, facilitating widespread adoption and use in dApps. ❝Made with passion and coffee for blockchain nerds by blockchain nerds.❞