Our focus is to build innovative DeFi products for BSC and support fair launches for the community. The ecosystem consists of four main offerings initially, here are the products with launch dates.
PDAO is the token of Panda Dao ecosystem, holding PDAO will give users voting rights for the development of ecosystem, also when you trade, each transaction has a 5% fee applied, which will be redistributed instantly to all holders of the PDAO token.Our focus is to build innovative DeFi products for BSC and support fair launches for the community. The ecosystem consists of four main offerings initially and will expand the product lines after the first four releases.
Cryptocurrency is just a speck in overall markets, and it is still undervalued comparatively of what blockchain is capable of in 5 years from now, we might just see DeFi at $1.5 Trillion market in few years from now and crypto market somewhere near gold.
Now this is where the real transition of money happens into DeFi, when we bring derivatives to Blockchain. What that means, is the value of any assets simulated on a Blockchain via synthetics.
Synthetic assets have already played an enormous role in the world of traditional finance markets.
In simple terms, Synthetic assets are meant to simulate the same effect as another investment, you do not need to physically hold the other asset.
A synthetic acts as a financial instrument that comprises of one or more derivatives. In turn, the derivatives would simulate the price behaviors of their underlying assets which could be stocks, bonds, gold, bitcoin or any other assets.
Synthetics via blockchain can track the value of traditional finance assets by reflecting them digitally on blockchain.
The ecosystem PandaDao :
- PDAO Token : PDAO is the token of Panda Dao ecosystem, holding PDAO will give users voting rights for the development of ecosystem, also when you trade, each transaction has a 5% fee applied, which will be redistributed instantly to all holders of the PDAO token. The great thing about this mechanism is that holders will be earning rewards without staking or any interaction with smart contract. PDAO is also a governance plus utility token, using which the community can exercise rights on development of projects from our ecosystem.
- DimSum(DMS) is a second layer synthetic assets built on top of Pancake Swap. Within DimSum, users will be able to create and trade synthetic assets. Cryptocurrency-based synthetic assets aim to give users exposure to a variety of different assets without needing to hold the underlying asset. This could be anything from fiat currencies, such as the United States dollar to commodities like gold or silver. DMS is the token for synthetic assets. On 20.03.2021 14:00 UTC, holders of PDAO will be airdropped DMS tokens in ratio of 1:1.
- NFT Market Place : NFTs are a revelation of this century and it has truly transformed the life of artists. Panda Dao will be launching a fully decentralized with easy to use interface NFT marketplace, allowing users to trade and mint NFTs. More details will come at the launch of our Launchpad.
- Launchpad : Panda Dao launchpads are fully decentralized. Our community will have the advantage of participating in presales through our launchpad platform. The fees generated from launchpad will be used to buy back PDAO tokens from the market.
- 05.03.2020 : We will launch our presale on unicrypt.network, liquidity will be automatically locked and PDAO tokens will be distributed immediately after presale.
- 20.03.2020 : We will airdrop 100,000,000,000 DimSum tokens to PDAO holders in ratio of 1:0.5 and 1:1 to liquidity providers of PDAO. After the airdrop, DimSum dapp will be live and users will be able to farm more tokens and also trade on PancakeSwap. Please note, earlier the date of DimSum airdrop was 07.03.2021, we are postponing the date because audit of farming contracts will take some time and we want to ensure full safety to our users.
- 17.04.2020 : We will release NFT marketplace and beta version of our launchpad.
- 24.04.2020 : We will release the roadmap for remaining Q3 and Q4.