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What is Thorstarter?

Thorstarter emerges as a groundbreaking decentralized, community-oriented Venture DAO that seamlessly integrates an innovative launchpad system with liquidity grants to nurture and kickstart the most promising projects in THORfi and DeFi. The community of Thorstarter is integral to the selection process of new projects and exercises its voting rights through a decentralized governance model. Selected projects are subsequently awarded a 1:1 liquidity grant, aimed at promoting their development and sustainability. This liquidity grant is further bolstered by pairing it with project tokens from both THORChain and various external Automated Market Makers (AMMs). Utilizing a unique approach to time-locked vesting, a portion of the liquidity provider position is divided between the project itself and the Thorstarter DAO. The committed THORChad army, which has surpassed 3,000 members, continues to grow on a daily basis. New members can easily join the ranks by locking up XRUNE in return for the native pegged governance token, vXRUNE, which empowers holders to have an active voice in voting on proposals and governance issues while also sharing in the profits from each launch. Furthermore, THORSwap serves as the leading multi-chain decentralized exchange (DEX) platform, harnessing the capabilities of THORChain to create a strong trading ecosystem for users. As Thorstarter progresses, it is dedicated to further strengthening the connection between community participation and the success of projects, fostering a collaborative environment for innovation. This commitment to community-driven growth positions Thorstarter as a key player in the evolving landscape of decentralized finance.

What is MakerDAO?

Dai is a decentralized currency designed to offer stability without favoritism, empowering both individuals and businesses to leverage the advantages of digital finance. With Dai, users have access to a price-stable currency that they can create on-demand and in real-time. MakerDAO, founded in 2014, functions as an open-source project on the Ethereum blockchain, operating as a decentralized autonomous organization. The governance structure of MakerDAO is managed by global participants who hold the governance token, MKR. MKR holders engage in a robust governance process that comprises executive voting and Governance Polling, which allows them to oversee the Maker protocol and mitigate the financial risks associated with Dai, thus ensuring its stability, transparency, and efficiency. The voting power of MKR holders is correlated to the amount of MKR tokens they commit to the voting contract known as DSChief, meaning that those who stake more tokens wield greater influence in decision-making matters. This governance framework not only encourages community participation but also ensures that the interests of MKR token holders are aligned with the enduring success of the Dai ecosystem. Ultimately, this structure promotes a collaborative environment that seeks to uphold the integrity and resilience of digital finance through collective decision-making.

Media

Media

Integrations Supported

THORChain

Integrations Supported

BUTTON Wallet
Blast
Crypto APIs
Dune Dashboard
EXMO
Eidoo Wallet
Fireblocks
Guarda Wallet
Korbit Exchange
Kraken
Ledger Nano X
MetaMask
NEAR
OKX
TOKPIE
Token Terminal
coinone

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Thorstarter

Date Founded

2021

Company Website

thorstarter.org

Company Facts

Organization Name

MakerDAO

Date Founded

2014

Company Location

United States

Company Website

makerdao.com/en/

Categories and Features

Categories and Features

Crypto Lending (DeFi)

Not specified

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