Tracer DAO

Tracer DAO

TCR
$0.003520657

Key Metrics

Price$0.003520657
Real Volume (24H)$0
Marketcap$2,478,525.86
Fully Diluted Valuation$13,548,217
ATH$0.797659
ATH Date10/25/2021, 9:49:05 AM
ATL$0.01022076
ATL Date12/21/2022, 9:44:13 AM
Circulating Supply638M
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity Rank1959
Chart
What is Tracer DAO?

Tracer DAO, an open-source and smart contract protocol for derivatives, is revolutionizing the management of digital and real-world financial risk. With Tracer, anyone can deploy a derivatives market using the Tracer Factory template, providing individuals and businesses with the tools to effectively manage their risk exposure.

One of the groundbreaking features introduced by Tracer is the Tracer Perpetual Pools, the first derivatives market to be launched on the platform. These pools offer a new financial primitive that eliminates the need for margin requirements and liquidations. Users can now access leveraged exposure to various assets without the fear of liquidation, placing their trust solely in the decentralized nature of the protocol. Additionally, Tracer Perpetual Pools offer fully fungible tokens, providing seamless integration with the broader DeFi economy.

At the heart of the Tracer ecosystem is the TCR token, the governance token that empowers holders to actively participate in the decision-making processes of Tracer DAO. TCR token holders have the right to vote on proposals that shape the future direction of the protocol. These proposals, driven by the community, cover a wide range of important responsibilities such as research engagements, advisory roles, protocol upgrades, treasury management, software development, media partnerships, security audits, and more.

By holding TCR tokens, individuals become stakeholders in the Tracer DAO governance model, allowing them to have a direct impact on the evolution and growth of the protocol. This democratic approach ensures that decisions are made collectively, with the aim of fostering transparency, inclusivity, and community-driven development.

The TCR token serves as a vital tool for aligning the interests of the Tracer community and incentivizing active participation. Through governance, token holders can contribute their expertise and voice their opinions to shape the protocol's future trajectory. This inclusive and decentralized governance structure distinguishes Tracer DAO as a platform that values the perspectives and contributions of its community members.

As Tracer DAO continues to evolve, the TCR token will play a pivotal role in driving the platform's growth and development. With the ability to influence important decisions and contribute to various aspects of the protocol, TCR token holders become active participants in shaping the future of derivatives markets and financial risk management.

In summary, Tracer DAO is an innovative open-source protocol that empowers individuals and businesses to deploy derivatives markets and effectively manage their financial risk. The TCR token provides holders with governance rights, allowing them to actively participate in shaping the protocol's direction and contributing to its growth. With Tracer DAO and the TCR token, users have the opportunity to engage in a decentralized ecosystem that prioritizes transparency, inclusivity, and community-driven decision-making.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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