🗣️Introduction - DaoWabunga

DaoWaBunga is a decentralised reserve currency protocol based on the DAWA token. Each DAWA token is backed by a basket of assets (BUSD, BNB) in the DaoWaBunga treasury, giving it an intrinsic value that helps with price baking. DaoWaBunga aims to create an Ecosystem that can help each other sustain in longevity and growth by bypassing the need to take funds for profit vs growth.

What is the focus of DaoWaBunga?

DaoWaBunga's treasury will be used for pools/burns/fund LPs for new projects. Holders of at least x amount of dawa (say 5k for example) will receive access to the pools and guaranteed WL for new projects however the holders must hold those tokens for at least 2 weeks (selling of dawa at any point will reset the 2 week requirement).

How do I participate in DaoWaBunga?

There are two main strategies for market participants: staking and bonding. Stakers stake their DAWA tokens in return for more DAWA tokens, while bonders provide LP or BUSD tokens in exchange for discounted DAWA tokens after a fixed vesting period or 5 days. After 1 month we will launch the first Dawa holder pool.

Governance participants can get involved on our community discord server respectively. We are always looking for new community members to contribute ideas or apply for community roles.