The goal of HyperDAO is to build a complete DeFi ecosystem and provide users with complete decentralized financial infrastructure. DeFi (Decentralized Finance), that is, "decentralized finance", its core is openness, fairness, and interconnection. Based on distributed ledger and blockchain technology, HyperDAO will create a decentralized stable currency, decentralized community crowdfunding, decentralized wallet, cloud exchange, market prediction, asset management, inclusive finance and electronic A financial service ecological platform integrating DeFi technical facilities such as the citizen information system.
HyperDAO platform currency HDAO is the user's proof of rights and interests on the platform, and has a variety of usage scenarios. First of all, users can pledge the HyperDAO platform currency HDAO on the HX chain, and use it to generate stable coins such as HyperCNY and HyperUSD. Secondly, HyperDAO has a decentralized self-government function. HDAO will be used as a crowdfunding platform to rate, vote, recommend projects and other governance tokens, and it will also be able to crowdfund projects. On HPX, HyperDAO's strategic cooperation exchange, HDAO can be used as an exchange governance pass. In addition, HDAO tokens can also be used for decentralized multi-scenario market forecasting, for market establishment, trading, reporting and liquidation.