What Is OtherDAO (OTHR)?
The OtherDAO is a decentralized, community-owned protocol governed by the dual-backed $OTHR token. The protocol is designed around a price-agnostic revenue model based on a complex and revolutionary in-house yield maximization strategy for Otherdeeds by Otherside. The price-agnostic revenue model means that they DO NOT rely on price action or inherit any form of $OTHR inflation to fund protocol participation incentives.
Contents
DAOs are nothing new in DeFi, typically incentivizing protocol participation through native-currency inflation, rewarding participants by positively rebasing the supply of the protocol. This works but comes at the dilution of other protocol participants who cannot keep up with the inflationary aspect.
Important Points Table Of OtherDAO
| Basic | Points |
|---|---|
| Coin Name | OtherDAO |
| Short Name | OTHR |
| Circulating Supply | 1,000,000.00 OTHR |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |