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Colony aims to create a well-incentivized foundation for the future applications on the Avalanche platform. With a unique funding mechanism, Colony combines traditional venture capital with community-driven open governance, support, and inclusivity. Over time, Colony will transition into a decentralized autonomous organization (DAO) structure.
Issue Time
1970/01/01
Initial Price
US $ 0.03347248
Circulation/Max
0/150.00M
Dominance
0.00%
ROI --%
Information
What is Colony?
Colony is a Community-driven Avalanche ecosystem accelerator, powered by Colonys CLY token. In simple terms, what does Colony do?
- Provides early-stage funding to Avalanche built projects
- Provides Liquidity to existing Avalanche Defi protocols
- Purchases and stakes Avalanche (AVAX) and upcoming subnets tokens
- Purchases selected Avalanche projects to form an Index
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