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Go backDMM Governance Token
ICO

DMM Governance Token

Gained
2 000 000
(0 %)
Start date
21 Jun 2020
End date
21 Jul 2020

Ownership of DMG represents the right to govern the parameters of the DMM Protocol, a claim on the excess revenue generated from the DMM ecosystem, as well as governance over the ability and decisions surrounding the introduction of new assets to the ecosystem in regards to both asset type and asset location. The DMG token is a fork of Compoundโ€™s COMP governance token (featuring native delegation and vote weighting) with added capability such as meta-transaction support and a native burn function.

StatusEnded

Project details

AcceptsETH
Role of tokenUtility
Token typeERC20
Hardware walletNo

Distribution

Total tokens250000000
Available for Token Sale30%

Screenshots

Twitter

by @DmmDAO 0 followers

1/4 In response to recent questions from our community, we are providing additional information about the decision to wind-down the project.ย  On Dec. 15, 2020, DMM received an investigative subpoena from the United States Securities and Exchange Commission (SEC).

As a result of regulatory inquiries, DMM is ceasing operations. mTokens can be redeemed with interest accrued to-date through the following link: https://t.co/mWB1WacKaH

#DMM Community: We found an ordering bug with the sequential actions that occur when a proposal is executed, which disallows our most recent one to be completed We have created a new proposal that fixes this bug, but we need your help casting your vote! ๐Ÿ—ณ๏ธhttps://t.co/YFHaRJUd8o

#DMM gives you the chance to win 1,000 $DMG!! ๐Ÿ˜Ž Donโ€™t forget to participate in our t-shirt contest. Youโ€™ll be able to vote on your favorite design! Submit your proposal today ๐Ÿ‘‡ https://t.co/olX9SvlL0hhttps://t.co/5XvsFBPUaK

Principal and Affiliate Members play an essential role in the expansion of the #DMM Ecosystem. Their main responsibility is introducing real-world assets that ensure DMM's guaranteed 6.25% APR. Want to learn more? Go watch our new video! ๐Ÿ“ฝ๏ธ https://t.co/tfHPlDx9sb

DMM Community, Greg is feeling under the weather... we will be reprogramming todayโ€™s AMA, but please keep your questions coming!! Stay tuned - New date coming soon! https://t.co/LJGmebemgI

(1/2) $DMG Holders get ready to vote! ๐Ÿ—ณ๏ธ We have added a proposal on the #DMM DAO to: โœ… Allow users to vote using staked $DMG in the NFT contract. โœ… Activate Asset Introducers withdrawal rights, once approved individually by the DAO. https://t.co/wxHYlHjTqb

We are more than excited to share that we have successfully added a $WBTC mToken Pair to the #DMM Ecosystem! Users are now able to maintain long price exposure to WBTC while collecting a steady 6.25% yield on their assets. Try it out now: ๐Ÿ‘‰ https://t.co/QRrDc2TlZchttps://t.co/yNTvVfKUnU

#DMM Community: put your design skills to the test and participate in our t-shirt contest!! You'll have the opportunity to win 1,000 $DMG! ๐Ÿš€ Fill out the form and make sure to follow the requirements!! You have until Jan. 30 to participate! ๐Ÿ‘‰ https://t.co/olX9SvlL0hhttps://t.co/79gkrncuNF

Tune in on this weekโ€™s #AMA with @GregoryKeough ! Definitely not one to miss! ๐Ÿ“… Thursday, January 21st โŒš๏ธ 11:00 AM EST ๐Ÿ“Live on Youtube & Twitter Ask your questions below and we'll stream the answers live! https://t.co/Fes2HGoYDV

The #DMM DAO has spoken, $mWBTC coming soon! โœ… FOR: 1,502,608.36 (85.3%) โ›”๏ธ AGAINST: 258,420.42 (14.7%)

We have been working on some new features for the #DAO site. $DMG Holders and visitors of the DAO can now: ๐Ÿ‘ฅ View their profile information. ๐Ÿ—ณ๏ธ Delegate voting power to other users. Go check it out and stay tuned, more updates are on the way! ๐Ÿš€ https://t.co/dqbZYHJWgLhttps://t.co/GXKhj7chmQ

$WBTC mToken Pair We are thrilled to announce that the proposal to add WBTC as a supported mToken is now up for vote on the #DMM Governance Dashboard! $DMG token holders, head over to https://t.co/OTgOE1QDw6 and submit your vote today!! ๐Ÿ—ณ๏ธ https://t.co/Jk2E48Gpof

โ€œIf you look at how the #DMM ecosystem was built, it's one of the best ways to fight this massive inflationary tendency that we have in the global financial ecosystem.โ€ - @gregorykeough https://t.co/9vZqQcd94B

We are happy to announce that our most recent proposal to conduct a Token Burn has been successfully executed! ๐Ÿ”ฅ A total of 117,682 $DMG were burned permanently lowering the total supply of $DMG. โœ… Check it out: https://t.co/Am7vJERQyx

Now that the 2021 Roadmap is out, which of the following developments from Q1 and Q2 are you most excited about?

Join us live tomorrow for our first AMA of the year! Set up a reminder and tune in at 12:00P.M EST! ๐Ÿ”” https://t.co/JdgFnvbCgS

We are thrilled to unveil our 2021 Development Roadmap! Find out what this year holds for #DMM: https://t.co/rIEpXr6gMM Let's transform the future of finance together! โœจ

It took us three and a half months to get our first million, today 6 months after hitting this milestone the total value of mTokens purchased has grown 1,300% reaching $14M! ๐ŸŽ‰๐Ÿ‘ https://t.co/JPOxztSd9l

$DMG Token holders should we start a fire? ๐Ÿ”ฅ Weโ€™ve added a proposal on the #DMM Governance Dashboard to execute a Token Burn which allows excess revenue in the ecosystem to be redistributed to $DMG holders. Head to https://t.co/94yg9kspG6 and cast your vote! ๐Ÿ—ณ๏ธ https://t.co/StLqjCKVAD

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