What is SpiderDAO (SPDR) | What is SPDR token

SpiderDAO

SpiderDAO proposes a set of tools to bring online privacy to the end user.

‍To do so efficiently and sustainably, SpiderDAO’s team set a robust new standard for DAOs that will withstand the adversity that such a mission implies.

‍To mitigate the shortcomings of current DAO frameworks, SpiderDAO leverages a multi-layered governance setup based on hardware and software tools on top of a fair & resilient hardware-based DAO built on Polkadot.

Issues with conventional DAO governance**.**

Plutocracies

Whales can gain an unfair voting advantage and the power to skew elections simply by accumulating large amounts of governance tokens to buy voting rights.

The Rise of Dark DAOs

“Dark DAOs” are entities which utilize smart contracts to undermine trust in voting systems by accumulating voting rights for market manipulation and eventually take-over the governance system.

Exploitable Governance

The utility of voting rights is tied solely to the governance token. Tokens can be easily purchased on exchanges making it easy for large investment bodies to exploit the system to accumulate voting power.

Introducing the SpiderDAO .

SpiderDAO innovates the DAO concept by introducing a dual-governance model which bundles together hardware and software tools with on-chain elements, providing a “whale-resistant” governance solution.

SpiderDAO is underpinned by the Polkadot consensus mechanism and will utilise a network of hardware routers deployed by DAO participants as a “ticket” for election voting.

Hardware-enabled DAO voting process

To qualify for a vote in the SpiderDAO, the participant must have a compatible Hardware Router connected to the Spider Virtual Private Network with SPDR tokens staked. One SpiderConnect router equates to one vote with safeguards in place to ensure hoarding of hardware devices is instantaneously detected by the network.

Whale Resistant Dual-Governance Model

**.**SpiderDAO transfers the voting eligibility rights from solely the token to a dual off-chain - on-chain mechanism. This makes it more challenging for large entities to disproportionately influence the elections without incurring significant costs.

Access to decentralized VPN services

SpiderDAO will first be integrated with SpiderVPN which currently has over 6,400+ international users active across 18+ countries. It will provide owners of the SpiderConnect Routers with access to a decentralized VPN service (dVPN), granting full online anonymity and a host of premium features.

SpiderVault

The SpiderVault will be created to accumulate 2% of crypto proceeds generated by services utilizing the SpiderDAO, the first of which will be SpiderVPN. These funds will be used for continuous improvement of the Spider ecosystem, with eligible DAO participants able to submit and vote on proposals to fund successful projects.

SpiderDashboard Features

  • **SpiderMarket: ** Sell & Buy Bandwidth for SPDR rewards based on the Rules in the SLA
  • **Governance: ** Voting & Proposing on Features, Products and Development
  • **Hardware: ** Manage & Update SpiderConnect Routers
  • **Future Products: ** Access to any SpiderDAO Product in the Future
  • **VPN Rewards: ** Access to Spider VPN Services
  • **Liquidity Mining: ** Participate in the LAU Concept Mining
  • **Wallet: ** Send & Receive, Check Balance & Check Accumulated Rewards

Token Economy

SPDR token is the cornerstone of the SpiderDAO ecosystem, designed to capture value creation within the network and enabling the development of a fair, robust and self-sustaining ecosystem

SPDR token component is used for

  • Liquidity Mining
  • Governance
  • Access to Dashboard

The SpiderConnect Router is used for

  • dVPN Access
  • Bandwidth Monetization
  • Access to Dashboard

SpiderDAO is fair

  • Anyone with a Certified SpiderConnect Router can Participate
  • Protection Against Hardware Manipulation with the Help of Node Technology
  • Whale Resistant
  • Sybil Attack Resistant

SpiderEcoSystem .

SpiderDAO will be the orchestrator of the ecosystem building and maintaining these services.

The ecosystem leverages Hardware, Blockchain, Cryptography and advanced Liquidity mechanisms to make it as robust and fair as possible. The 3 core components which encompass the SPDR Token, SpiderConnect Router and Spider DAO come together to create an ecosystem that is geared towards the community and is built on solid foundations of fair governance. In turn, the SpiderDAO will develop safe, secure innovative products and services for use on the internet for now and well into the future.

Token Metrics

Token Metrics .

Token Distribution

  • 10% of the Strategic sale will equate to the total token distribution
  • 60% of the total supply will be unlocked via liquidity mining
  • 24% of the token distribution will be allocated to the Team and Advisors
  • Liquidity will provide funds for future exchanges

Token Release Schedule

  • Strategic Sale Unlocks 8.33% weekly over 12 weeks
  • The total supply of 1 billion SPDR will be in circulation by the end of 5 a year period

Liquidity Mining

  • 60% of the SpiderDAO will be given away to the community via liquidity mining over a 5 year period
  • Liquidity mining will begin with SPDR/USDC and may be extended to other token pairs in the future

FAQ

What is a SpiderDAO**?**

SpiderDAO is the first hardware-governed DAO with a self-maintaining and self-improving robust Hardware/Software Governance control mechanism.

What is a DAO**?**

A Decentralised Autonomous Organization (DAO) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members and not influenced by a central government.

What is the mission of SpiderDAO**?**

SpiderDAO’s mission is to bring privacy & security back to internet users.

What is SPDR**?**

SPDR is the name given to the ERC-20 Utility Token also known as a Ticker.

On what network does SpiderDAO operate**?**

SpiderDAO will be interlinked by the Spider VPN and in the future, it will move to the Spider Decentralised VPN.

What is a governance mechanism**?**

1. A set of responses to conditions of uncertainty, dependence, and opportunism that exists in a business relationship.

2. Refers to the structural relationship and operation mode between various elements.

What kind of Hardware does SpiderDAO use**?**

SpiderDAO uses optimized SpiderConnect routers, specially created for the use of the Spider DAO network and to utilize their security measurements.

Do you need a SpiderConnect Router to operate the SpiderDAO ecosystem**?**

No, the interoperable SpiderConnect router will be needed to propose or cast actual votes in the DAO, it’s not needed to access many of our products and token uses.

Does SpiderDAO offer free VPN**?**

SpiderDAO offers free VPN to the users who participate in the LAU program (liquidity as utility).

SpiderDAO Liquidity reward system**?**

60% of SPDR supply will be unlocked through liquidity mining. Participants will be able to mine this supply by staking LP in the SPDR/ETH or SPDR/USDC liquidity mining pools. Also, participants will qualify for FreeVPN services as part of the Liquidity as Utility (LAU).

Is SpiderDAO affiliated with Spider VPN**?**

SpiderDAO and SpiderVPN are two sister companies that act and help each other in achieving their common goals of bringing privacy & security back to the internet users.

Who is SpiderDAO CEO Nathan Varty**?**

Nathan is an experienced entrepreneur specialized in IoT development and operations, Skilled in management of onsite and remote IT Help Desk Administrators and Developers. He has been successfully overseeing SpiderVPN since 2017. He also managed the full oversight of multiple projects from start-up to completion.

How does the SpiderDAO ecosystem work**?**

The ecosystem leverages Hardware, Blockchain, Cryptography and advanced Liquidity mechanisms to make it as robust and fair as possible.

Can I use my free VPN access when I am not at home to use the SpiderConnect Router**?**

Yes you can use the SpiderVPN access on up to 5 devices including SpiderConnect Routers, All Gli.Net products, Android, iOs, macOS and Windows.

How long will the 60% liquidity mining last for**?**

It will be distributed to the involved community over a 5 year period

Would you like to earn SpiderDAO right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Social Channel
Message Board
☞ Documentation
☞ Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #spiderdao #spdr

What is GEEK

Buddha Community

What is SpiderDAO (SPDR) | What is SPDR token

What is SpiderDAO (SPDR) | What is SPDR token

SpiderDAO

SpiderDAO proposes a set of tools to bring online privacy to the end user.

‍To do so efficiently and sustainably, SpiderDAO’s team set a robust new standard for DAOs that will withstand the adversity that such a mission implies.

‍To mitigate the shortcomings of current DAO frameworks, SpiderDAO leverages a multi-layered governance setup based on hardware and software tools on top of a fair & resilient hardware-based DAO built on Polkadot.

Issues with conventional DAO governance**.**

Plutocracies

Whales can gain an unfair voting advantage and the power to skew elections simply by accumulating large amounts of governance tokens to buy voting rights.

The Rise of Dark DAOs

“Dark DAOs” are entities which utilize smart contracts to undermine trust in voting systems by accumulating voting rights for market manipulation and eventually take-over the governance system.

Exploitable Governance

The utility of voting rights is tied solely to the governance token. Tokens can be easily purchased on exchanges making it easy for large investment bodies to exploit the system to accumulate voting power.

Introducing the SpiderDAO .

SpiderDAO innovates the DAO concept by introducing a dual-governance model which bundles together hardware and software tools with on-chain elements, providing a “whale-resistant” governance solution.

SpiderDAO is underpinned by the Polkadot consensus mechanism and will utilise a network of hardware routers deployed by DAO participants as a “ticket” for election voting.

Hardware-enabled DAO voting process

To qualify for a vote in the SpiderDAO, the participant must have a compatible Hardware Router connected to the Spider Virtual Private Network with SPDR tokens staked. One SpiderConnect router equates to one vote with safeguards in place to ensure hoarding of hardware devices is instantaneously detected by the network.

Whale Resistant Dual-Governance Model

**.**SpiderDAO transfers the voting eligibility rights from solely the token to a dual off-chain - on-chain mechanism. This makes it more challenging for large entities to disproportionately influence the elections without incurring significant costs.

Access to decentralized VPN services

SpiderDAO will first be integrated with SpiderVPN which currently has over 6,400+ international users active across 18+ countries. It will provide owners of the SpiderConnect Routers with access to a decentralized VPN service (dVPN), granting full online anonymity and a host of premium features.

SpiderVault

The SpiderVault will be created to accumulate 2% of crypto proceeds generated by services utilizing the SpiderDAO, the first of which will be SpiderVPN. These funds will be used for continuous improvement of the Spider ecosystem, with eligible DAO participants able to submit and vote on proposals to fund successful projects.

SpiderDashboard Features

  • **SpiderMarket: ** Sell & Buy Bandwidth for SPDR rewards based on the Rules in the SLA
  • **Governance: ** Voting & Proposing on Features, Products and Development
  • **Hardware: ** Manage & Update SpiderConnect Routers
  • **Future Products: ** Access to any SpiderDAO Product in the Future
  • **VPN Rewards: ** Access to Spider VPN Services
  • **Liquidity Mining: ** Participate in the LAU Concept Mining
  • **Wallet: ** Send & Receive, Check Balance & Check Accumulated Rewards

Token Economy

SPDR token is the cornerstone of the SpiderDAO ecosystem, designed to capture value creation within the network and enabling the development of a fair, robust and self-sustaining ecosystem

SPDR token component is used for

  • Liquidity Mining
  • Governance
  • Access to Dashboard

The SpiderConnect Router is used for

  • dVPN Access
  • Bandwidth Monetization
  • Access to Dashboard

SpiderDAO is fair

  • Anyone with a Certified SpiderConnect Router can Participate
  • Protection Against Hardware Manipulation with the Help of Node Technology
  • Whale Resistant
  • Sybil Attack Resistant

SpiderEcoSystem .

SpiderDAO will be the orchestrator of the ecosystem building and maintaining these services.

The ecosystem leverages Hardware, Blockchain, Cryptography and advanced Liquidity mechanisms to make it as robust and fair as possible. The 3 core components which encompass the SPDR Token, SpiderConnect Router and Spider DAO come together to create an ecosystem that is geared towards the community and is built on solid foundations of fair governance. In turn, the SpiderDAO will develop safe, secure innovative products and services for use on the internet for now and well into the future.

Token Metrics

Token Metrics .

Token Distribution

  • 10% of the Strategic sale will equate to the total token distribution
  • 60% of the total supply will be unlocked via liquidity mining
  • 24% of the token distribution will be allocated to the Team and Advisors
  • Liquidity will provide funds for future exchanges

Token Release Schedule

  • Strategic Sale Unlocks 8.33% weekly over 12 weeks
  • The total supply of 1 billion SPDR will be in circulation by the end of 5 a year period

Liquidity Mining

  • 60% of the SpiderDAO will be given away to the community via liquidity mining over a 5 year period
  • Liquidity mining will begin with SPDR/USDC and may be extended to other token pairs in the future

FAQ

What is a SpiderDAO**?**

SpiderDAO is the first hardware-governed DAO with a self-maintaining and self-improving robust Hardware/Software Governance control mechanism.

What is a DAO**?**

A Decentralised Autonomous Organization (DAO) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members and not influenced by a central government.

What is the mission of SpiderDAO**?**

SpiderDAO’s mission is to bring privacy & security back to internet users.

What is SPDR**?**

SPDR is the name given to the ERC-20 Utility Token also known as a Ticker.

On what network does SpiderDAO operate**?**

SpiderDAO will be interlinked by the Spider VPN and in the future, it will move to the Spider Decentralised VPN.

What is a governance mechanism**?**

1. A set of responses to conditions of uncertainty, dependence, and opportunism that exists in a business relationship.

2. Refers to the structural relationship and operation mode between various elements.

What kind of Hardware does SpiderDAO use**?**

SpiderDAO uses optimized SpiderConnect routers, specially created for the use of the Spider DAO network and to utilize their security measurements.

Do you need a SpiderConnect Router to operate the SpiderDAO ecosystem**?**

No, the interoperable SpiderConnect router will be needed to propose or cast actual votes in the DAO, it’s not needed to access many of our products and token uses.

Does SpiderDAO offer free VPN**?**

SpiderDAO offers free VPN to the users who participate in the LAU program (liquidity as utility).

SpiderDAO Liquidity reward system**?**

60% of SPDR supply will be unlocked through liquidity mining. Participants will be able to mine this supply by staking LP in the SPDR/ETH or SPDR/USDC liquidity mining pools. Also, participants will qualify for FreeVPN services as part of the Liquidity as Utility (LAU).

Is SpiderDAO affiliated with Spider VPN**?**

SpiderDAO and SpiderVPN are two sister companies that act and help each other in achieving their common goals of bringing privacy & security back to the internet users.

Who is SpiderDAO CEO Nathan Varty**?**

Nathan is an experienced entrepreneur specialized in IoT development and operations, Skilled in management of onsite and remote IT Help Desk Administrators and Developers. He has been successfully overseeing SpiderVPN since 2017. He also managed the full oversight of multiple projects from start-up to completion.

How does the SpiderDAO ecosystem work**?**

The ecosystem leverages Hardware, Blockchain, Cryptography and advanced Liquidity mechanisms to make it as robust and fair as possible.

Can I use my free VPN access when I am not at home to use the SpiderConnect Router**?**

Yes you can use the SpiderVPN access on up to 5 devices including SpiderConnect Routers, All Gli.Net products, Android, iOs, macOS and Windows.

How long will the 60% liquidity mining last for**?**

It will be distributed to the involved community over a 5 year period

Would you like to earn SpiderDAO right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Social Channel
Message Board
☞ Documentation
☞ Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #spiderdao #spdr

aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

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SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.

The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.

Reasons to invest in SafeMoon Token Clone :

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  • It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
  • The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
  • It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
  • The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.

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Embrace the growth of DeFi Token Development Like SafeMoon in real-world

“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”

The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.

What is SafeMoon?

SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.

SafeMoon Tokenomics :

The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.

SafeMoon Specification :

The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.

SafeMoon Protocol :

The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.

Safety: A step by step plan for ensuring 100% safety.

  • Dev burned all tokens in the wallet before the launch.
  • Fair launch on DxSale.
  • LP locked on DxLocker for four years
  • LP generated with every trade and locked on Pancake

Why is there a need for reflection & static?

The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.

What is the role of Manual Burns?

The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.

How efficient is Automatic Liquidity Pool (LP)?

The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.

Attractive features present in DeFi like SafeMoon token platform :

  • Stable Rewards
  • Manual Burning
  • LP Acquisition
  • Community Governed Tokens
  • RFI Staking Rewards
  • Automated Liquidity Pool
  • Automated Market Making

What are the benefits offered in SafeMoon like Token Development?

  • The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
  • It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
  • The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
  • It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
  • The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
  • Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.

Summing Up :

The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.

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