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CULT

No. 716
Cult DAO
AMM
DeFi
Ethereum
DAO
CULT Price Today
0
USD
-1%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
4318.69B
64.78%
Total Supply
6666.66B

Price

CULT Price Change
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Markets

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Market
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24H Change
30D Change
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  • Coin Introduction
1. Project introduction

Cult DAO is a Decentralised Autonomous Organization to empower and fund those building and contributing towards decentralised future. Cult DAO gives funding to those who are ready to break the chains and have an idea that can change our world. The Guardians are the top 50 token holders, they are tasked with safeguarding which proposals are sent to The Many to be voted upon. Due to their larger weighting and token share, they are not allowed to influence the proposals they bring before the Many, they may champion the proposal as much as they please but only their voice may influence others, not their wealth. If a proposal has been approved, and the 15.5 CULT ETH value is hit, it will automatically send 13 ETH to the proposal wallet address provided, and 2.5 ETH to a burn wallet.

2. Application

CULT is the tradable and liquid token of CULT DAO, transacting CULT will contribute to the protocol by filling the DAO treasury slowly, to fund investments into decentralised technologies. This is achieved due to a 0.4% tax on all CULT transactions.

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