Which project should TraDAO cooperate with?
Quan Dinh last edited by quanTrava
Defi’s growth is very rapid, and there are many new business models being introduced every day. In this case, the cooperation between different projects is the key that leads to a better chance to scale up the business, strengthen the community, and benefit users in the ecosystem as a whole.
For example, Olympus DAO as the pioneer of the new model - Decentralized Autonomous Organization, has built their partnership with several OHM Fork projects, such as JonesDAO, FIATDAO, etc. This relationship benefits the Olympus DAO community as it enables them to make decisions in the other’s community. In addition, it also brings Olympus DAO’s partners an advantage in receiving critical support from “The Giant” Olympus DAO.
2. Current status:
For now, after nearly three months, by bringing users with various unique features, such as bonding installment, wallet reputation, etc., TraDAO has built its own community and reached some critical milestones.
However, support from other partners is needed for the protocol and the community development. Thus, we are now finding opportunities in cooperating with other projects for
Do you have any suggestions for projects that TraDAO could work with?
Sound nice! There are a ton of Ohm fork projects out there. I think TraDAO has its own advantages with some unique services such as Bond installment, but I think the protocol need partners to make a real progress.
Rose Catus last edited by
It's great to hear that TraDAO will cooperate with other projects. You have your own USP called bond installment. So why not?
@quantrava The cooperation between Olympus DAO and other projects sounds good for both parties for now. However, I wonder whether or not, in the long-term, the others could be "swallowed" by "The Giant" like Olympus DAO.
It's dangerous to depend entirely on some big name like Olympus DAO anyway.
Victoria Phinn last edited by
But in my pov, the hard thing in the cooperation is when users look at this collab, they know the USP of each party
Kel last edited by
I would suggest delegating some time reading through abracadabra.money and their concept behind Lend/Borrow and collateral. As TOD is planned to be added as an asset for Trava Lending Pools, using staked version of TOD -> xTOD (rebasing TOD) for collateral would still grow in value or at least maintain the current value. Otherwise if TOD has to be unstaked in order to be Lended/Borrowed, it might decrease in value as it's not rebasing anymore, making Lend/Borrow feature somewhat irrelevant.
Leaving abracadabra.money useful links to read about the using rebase token as collateral concept more: