BitMart recently announced a strategic partnership with EmiDAO alliance, the world's first truly autonomous DAO which gives ESW holders rights to get a share of the protocol's profits and make decisions on its future development.
EmiSwap is the first product in the ecosystem of EmiDAO, a truly autonomous DAO designed with new ideas and advancements in DeFi. With the ESW governance token at the heart of the ecosystem, EmiDAO enables 100% of projects’ profit distribution among ESW token holders – both venture investors, funds, companies, and the general public who are interested in forming the future of decentralized finance.
All the members of the EmiDAO alliance get exposed to the success of the ecosystem projects, EmiSwap at the moment, and some new ones in the future (the EmiDAO members vote upon what initiatives to launch). That means the price of the ESW token is less important than the performance of the EmiDAO products themselves. Namely, all the investors who’ve already purchased ESW receive 0.05% from each operation on EmiSwap, which means their profit correlates with the DEX trading volumes.
“BitMart is pleased to join EmiDAO Alliance to boost prospective development of the ecosystem. We are super excited to be a part of this game-changing move to help form the future of decentralized finance.” commented by Sheldon Xia, Founder and CEO at BitMart.
BitMart Exchange is a premier global digital assets trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 360+ trading pairs with one of the lowest trading fees in the market. Visit their website, follow their Twitter, or join their Telegram.
EmiSwap is an automated market maker exchange supplemented by an ESW governance token and yield-boosting NFT Magic Cards. It is an open-source, decentralized platform, a fork of Uniswap V2.