UniverseDAO: A Cross-Chain Reserve Currency On Cosmos

Published on: 25.01.2022

UniverseDAO is not just the first $OHM fork built on Cosmos. Its primary goal was to create a product that avoids all the problems of its predecessors and attempts to solve a number of new ones. Major improvements to the revenue model in combination with seamless cross-chain support help to unlock untapped potential of the underlying technology.

In addition to being one of the most innovative and fast-growing ecosystems, Cosmos enables various features like interoperability, composability, and fast finality. Native support of IBC (Inter-Blockchain Communication Protocol) allows seamless communication between any Cosmos-based and EVM-based chains.

Core features of UniverseDAO

  • No seed rounds, private sales, or stealth LPs
  • Transparent and fair launch model with bot protection
  • Cross-chain diversification of the protocol liquidity and treasury
  • Improved bonding mechanism with auto staking support
  • Dynamic token price backing algorithm
  • Treasury will implement innovative launchpad model
  • Supports EVM chains including BSC, Fantom, and Avalanche

Moreover, the Cosmos ecosystem has a strong and fast-growing community of smart, energetic and responsive people which is critical for the success of any collaboration.

ABOUT UniverseDAO
UniverseDAO is the first cross-chain reserve currency protocol built on Cosmos

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RESOURCES
Medium

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