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ANTBUSD
Aragon / BUSD (BINANCE:ANTBUSD)
crypto

Inactive
Sep 21, 2023 10:41:00 PM EDT
4.30BUSD-1.217%(-0.05)7320
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O4.338 H4.338 L4.303 C4.303 V732.1
MA 50 close 4.27
MA 200 close 3.61





Market Cap
185.86M BUSD
Category
Infrastructure
Sector
Misc
Related
ANTUSDANTUSDTANTEURANTBTCANTETH
Profile
The Aragon Network (Aragon) is a decentralized autonomous organization (DAO) whose goal is to act as a "digital jurisdiction" that aims to make it possible for organizations, entrepreneurs and investors to do business without a legal nexus. Aragon gives internet communities unprecedented power to organize around shared values and resources using Decentralised Autonomous Organisations "DAOs". The broader Aragon network comprises various service protocols, each with its own set of smart contracts. Service protocols include DAO creation and management (Aragon Client), online dispute resolution (Aragon Court) and transaction processing (Aragon Chain). These collective smart contracts are responsible for asset custody, payments, voting, dispute resolution and transaction processing. For enhanced usability, users are able to create or interact with a DAO using a variety of connecting wallets such as Metamask or Fortmatic. In the case of the latter, users just require an email or phone number, effectively limiting user friction when interacting with Aragon protocols. In order to create a DAO, a user has the option of selecting various templates with plug and play governance modules to fit their community. During the setup stage, there are a number of parameters that need to be entered such as the voting settings. Many of these parameters can later be changed by token holders of the DAO. Once the parameters are chosen and gas fees have been paid, the DAO contract is deployed to the Ethereum network and has its own DAO address. Developers may also choose to install apps into specific DAOs, directly from the Aragon CLI. When it comes to interacting with the DAOs, token holders are able to do so directly through Aragon Client or through custom front ends built with Aragon Connect. Aragon also features a registry that lists every DAO created on Aragon together with various metrics such as value of asset helds or number of transactions. Once created, DAO members may want legal assurance from interacting with members or other DAOs. Aragon Court is able to handle subjective disputes that cannot be solved by smart contracts. Aragon Court attempts to find what the subjective truth is with a Schelling game. Jurors are asked to vote on the ruling that they think their fellow jurors are more likely to vote on. Jurors that vote with the consensus ruling are rewarded with ruling fees and juror tokens from the jurors that voted for a minority ruling. Certain service protocols such as Aragon Court and Aragon Chain employ the use of bonding curves to create Continuous Tokens that are bonded to ANT. A bonding curve is an automated market maker smart contract that defines a relationship between token price and token supply. Using Continuous Tokens for specific service protocols instead of a single token for the entire network makes it easier for the community to analyse the risks and rewards of each protocol. It also enables community members to engage more deeply in network services areas where they have the strongest interests. Each of the Continuous Tokens are bonded to ANT.

ANT-BUSD Live Summary

ANTBUSD price today is 4.30BUSD, and the 24-hour volume is 732. ANTBUSD is down -1.217% in the last 24 hours.


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