FATExDAO is an ESG/CSR fintech DAO formed under the governance token FATE & FATExFi, the baselayer dApp to build FxD: a fiat/FX payments denomination & stable, store of value token platform designed to finish what Bitcoin started.
FxD is a true store of value, stable, reserve token that is +1000% backed by real-world tokenized commodities (chosen by very specific criteria). The structure makes it Blackswan proof and totally efficient. Collateralized tokens are bonded to allow investment from users and receive income from FxD. Additional surplus is traded as derivatives/futures from the bondholders.
The FxD platform works as a fiat (or crypto/asset) denominator (central-peg FX exchange) and cross-border, banking payment platform that handles fiat-to-fiat without a cryptocurrency transaction (though it can), using the underlying stabilization token price feed to price the FOREX exchange. This platform can be available as a standalone for retail users/mobile and customized for specific business/banking/payments/trade commercial/government users. FxD has a store of value that is reserved and increases. In countries that need to replace their currency (i.e. El Salvador), if legally requested, FxD can be removed from the platform and used as a currency as can surplus reserve assets.
The DOA governance dApp is live on the Polygon-MATIC blockchain: FATExFi.io uses a traditional “dex” fork of uniswap/sushiswap (with a few important tweaks) and applies the reward controller mechanism for liquidity pooling staking to distribute the DAO governance token: FATE. FATExFi deploys a different approach to tokenomics and dex-dynamics through conservation, fees that reward members, and steady rate increases throughout the epochs and adjustable via DAO voting if necessary. The vesting period of locked FATE is determined by DAO roadmap milestone completion towards monetization when it will convert to an equitably distributed profit-sharing security token.
Company Details
- Founded
- -
- Address
- New York, Us
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- https://www.FATExDAO.io
- Keywords
- DeFi, Blockchain, FinTech, Economics, Disruption, Cryptocurrency, Capital Creation, Tokenization, DLT, International Political Economics, Socio Political Economic Theory.
- HQ
- New York
Fatexdao Questions
Fatexdao's website is https://www.FATExDAO.io
Fatexdao's LinkedIn profile is https://www.linkedin.com/company/fatexdao
Fatexdao's industry is
Financial Services
Fatexdao's top competitors are
Mela Finance,
Veloblock,
Evagtfx,
Birdcurrent,
Murcom,
Satoshicentre Global Group,
Cryptosavannah,
Triplus Limited,
Vanta Crest,
Parabellum.
Fatexdao's categories are Financial Services
Fatexdao's founding year is 2021
