Building on the strong fundamentals of the DCore Blockchain, DCTDAO will be implementing technologies of Polkadot and Moonbeam on top of DCore to offer near gas-less fees. In addition, Quantum proof security will be added from top North American and European specialists to create a secure trading platform. Even DEX's are prone to massive security holes, the latest being the hack of Cream Finance this month (February 2021) where $23million dollars worth of ETH was stolen!
DCTDAO is a revolutionary new platform, leveraging DECENT's fast, scalable and cost effective DCore Blockchain, it's big partnerships as well as a strong community with a new connectivity platform which aims to bridge the benefits of DCore with an interconnected system for traders.
For crypto backers and traders, they can enjoy fast trading with a Multi-Wrapped tokens as well as having the ultimate security with a Quantum Proof upgrade to DCore. In addition para-chain technologies using Polkadot as a basis for the main trading DEX and the Moonbeam cross-chain protocol will be implemented. By developing a new governance token on DeFI, owners of the DCTDAO token (DCTD) are able to vote and get involved with development, as well as enjoy rewards with an exciting, interconnected Blockchain project launching in 2021.
The fundamental setup of DCTDAO is as follows:
DCTDAO DAPP Platform includes:
DCore DCT token will be fully removed from centralized exchanges (process currently happening) and a wrapped token called WDCT will be developed and made available for a fully decentralized cross trading, allowing Polkadot, Moonbeam, ERC-20 tokens to be traded back and forth with extremely minimal fees and fast speeds.
DCore will remain as the core of DECENT running the DPoS based DAPPS in a fast, efficient and cost-effective manner.
DCTD will act as a trading pair for WDCT on multiple DEX.
DCTD will be rewarded to voters via smart contracts for new staking rewards options.
WDCT is only the beginning with a full set of connectivity for multi-blockchain set up in the works all built and funded by DCTD.
Leveraging Quantum security, the speed and reliability of DCore, flexibility of Polkadot and interconnection with Ethereum and many more, DCTDAO opens up a whole new world of possibilities for traders, developers, enthusiasts, builders and all of the DCTD token holders.
Major DCTDAO Links: