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Asgard DAO Unveils a New Era in DeFi and NFTs

Asgard DAO Unveils a New Era in DeFi and NFTs

Posted Monday, February 21, 2022 by
Sophia Cruz • 2 min read

Today, there was an announcement: a decentralized organization (DAO) designed to bring together prominent figures in the crypto community to undertake innovative and ambitious projects within the crypto space, including NFTs, DeFi and even the Metaverse. With all these aspects under one roof, Asgard DAO will provide an ecosystem for users to interact with.

Asgard DAO, which was founded by Kiran Dommeti, offers a new way of investing, re-investing and staking. Essentially, it is an investment platform that allows users to choose how they want to earn rewards in various ways.

$Asgard is also more than just another perfect token; it was built by a team that understands the standards and structure necessary to create a quality product, and one that will have longevity; after all, it has staying power. The underlying value of Asgard is not lost in a market price fluctuation, as is familiar with many cryptocurrencies, and it is this inherent value that holds the promise for actual growth and profit rewards. But these benefits won’t come easy.

Those who invest in Asgard will need to be rewarded for their efforts, which makes Asgard a desirable investment target for seasoned cryptocurrency enthusiasts who are looking for something with the natural substance, that is on a mission to succeed.

Asgard DAO has unveiled a new product called Bonds, that enable users to purchase Asgard at a lower price. Asgard will sell the bonds, which are asset-pairs (LP), at a discounted rate. Consumers will then be allowed to earn more Asgard for every LP, based on staking rewards.

Asgard’s Future

The roadmap includes plans to introduce innovative features like NFTs and multi-chain swaps. Users will be able to get NFTs as rewards on the Asgard Platform, with more details due to be unveiled in the future. They also plan to introduce a multi-chain swap, which is one of the main reasons why the team chose to build on top of Ethereum Classic (ETC). Users will be able to trade in any of the 9,500+ tokens among the nine blockchains, through a multi-chain swap. 

Asgard’s concept of creators, designers and voters makes a lot of sense, and this type of model would almost certainly result in high quality designs to choose from. Asgard DAO is looking more compelling with each passing day, and it is worth keeping an eye on, to see how it develops.

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