The world of DeFi is becoming ever denser with ever more interesting projects as you know. And, in this ecosystem, it is true that we tend to forget the DAOs, the autonomous organizations which govern the protocols for example.
Well, imagine the largest decentralized autonomous organization that will exist and you very quickly understand the potential of Bitdao. This is one of the biggest fundraisers this year as they managed to raise 230 million from investors. Among these, we find big names such as Dragonfly Capital, Fenbushi, Founders Fund, Jump Capital, Pantera Capital and Spartan Group and even the famous Peter Thiel.
The goal of BitDao is to improve research in DeFi and enable financing and liquidity for certain projects. Bitdao's mission is to improve adoption, collaboration and innovation in DefI in an inclusive way.
Similarly, Bybit which is one of the investors of Bitdao announced exclusive offers on futures contracts on its platform. Also, of all transaction volumes carried out on ByBit, a portion will be returned to BitDao's treasury.
Cool, isn't it?
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