Rift FinanceSupercharging DAO Growth.
Description
Rift Finance is a decentralized protocol that supercharges DAO growth through restructured incentive frameworks.
Today’s liquidity structures are parasitic to DAOs; they drain DAO treasuries and shrink market caps. Rift allows DAOs to deploy governance tokens from their treasuries to deepen token liquidity without having to give up ownership. The protocol pairs these governance tokens with Ethereum from liquidity providers. By working together, DAOs receive the liquidity they seek and Ethereum depositors receive natively high and well-diversified yield. As a result, both parties are able to achieve their goals in a way that they would not be able to alone.
DAOs across several leading Layer 1 blockchains, including Ethereum, Terra, Fantom, and Injective, utilize Rift to unlock sustainable liquidity.
CoinbaseDaoEthereumFantomTerra