Proposal Details
SupremeDAO is an on-chain hedge fund innovating safe haven assets for web3 treasuries with its native token KAI. Positioned between stablecoins and volatile assets, KAI is a decentralized reserve asset with a price stabilizing mechanism that allows for modest gains on market upturns, while resisting against extreme downturns made possible by multi-collateralization and SupremeDAO governance. The DAO stakes and trades on behalf of KAI to generate yields to simplify the complexities of DeFi for its holders.
We believe SupremeDAO and KAI is a groundbreaking innovation that will take DeFi by storm, designed specifically to benefit long-term investment strategies for DAO treasuries.
SupremeDAO is the main DAO venture of Daoism Systems, a tech studio specialized in custom DAO development, DeFi protocols, and tooling for user-empowered futures. Founded in 2022, our portfolio includes the decentralized Safe registry with Ceramic, DoinGud, Balancer, and PrimeDAO. Our team is distributed & international, with founding members building web3 as early as 2017.