ExtractoDAO is a decentralized exchange (DEX) that utilizes smart contracts to facilitate the trading of physical products on the blockchain, enabling users to manage structured operations and hedge against cryptocurrency market volatility. The platform introduces Community-Owned Wealth Securities (COWs) and a unique timeshare trading model, allowing participants to generate income by leasing time in liquidity pools without relying on token collateral.
Funding
$61K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing decentralized finance (DeFi) platforms lack integration with real-world assets, exposing investors to the high volatility and risks associated with purely crypto-based assets. This disconnect limits the potential for hedging against cryptocurrency market fluctuations and managing structured financial operations in a stable manner.
Solution
ExtractoDAO is a decentralized exchange (DEX) that facilitates the trading of tokenized physical commodities using smart contracts, enabling users to manage structured operations and hedge against cryptocurrency market volatility. The platform allows participants to generate income by trading smart contracts representing real-world assets, and introduces Community-Owned Wealth Securities (COWs), generated after the burning of individual smart contracts that have expired. ExtractoDAO's "Drawer" technology provides a storage solution for smart contracts, ensuring transparency and auditability.
Target Audience
ExtractoDAO targets DeFi users seeking exposure to real-world assets, commodity traders looking for decentralized trading options, and individuals interested in participating in a DAO focused on food security and decentralized private property.
Features
- Smart contracts for trading physical commodities on the blockchain
- Community-Owned Wealth Securities (COWs) generated from expired smart contracts
- "Drawer" technology for secure and transparent smart contract storage
- Hybrid liquidity functionality, incorporating Delegated Proof of Stake (DPoS) with Delegates Per Reputation (DPR)
- Governance via the Bull Token (XBLL), granting voting power within the ExtractoDAO ecosystem
- COW stablecoin, ballasted on participants' capital and linked to real-world production guarantees
- Kg mathematics applied to voting power, symbolizing vote weight