DAOs.Fun, a launchpad platform for decentralized autonomous organizations (DAOs) focused on investing, has launched its V3 update, which allows stakers to earn fees and designate the rights to invest.
On DAOs.Fun, creators are given a 7-day window to fundraise a desired amount of SOL, designed to act as a fair launch for the DAO token, which launches at the end of the raise period.
The DAO token is then publicly tradable on a virtual automated market maker. Post fundraise, the DAO-creators can invest the raised SOL, and the DAO token price can trade based on the trading activity of the DAO itself.
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#undefined [Source: TheDefiant]