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Aliases: DMG

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Object «DMM: Governance» has attributes

Attribute Value
Ticker DMG
Website https://defimoneymarket.com/
Consensus Add
Algorithm Add
Price 0.06895 USD
Trading Volume 1061456.46431 USD
Market Dominance 0.0002 %
Market Capitalization 3459712.01 USD
Total Supply 249511837.87052
Max Supply 250,000,000

Founded on March 15 2020 the DMM Governance token was designed to support the DeFi Money Market (DMM) Ecosystem which aims to help connect off-the-shelf assets with the crypto community.The DMM system is decentralized transparent and designed to enable everyone to re-earn interest in their currency which is backed by real assets represented on the network.The DMM governance token DMG is the tool through which the community can govern and grow the DMM ecosystem and the protocol itself. Ownership of DMG represents the right to govern the parameters of the DMM Protocol and the introduction of new assets to the ecosystem.The decentralized community that governs the DMM decentralized autonomous organization (DAO) can vote on modifying the DMG tokenomics and utility through which they can claim excess revenue that is generated by the DMM ecosystem.This token is a fork of Compound’s (COMP) governance token with added capabilities that include meta-transaction support and a native burn function.

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There was one edit, no edits waiting approval. Last edited by esma48(9159), May 1, 2021 (14 fields were changed)
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