Introduction
Genesis DAO arose from the need for a more transparent, innovative, and user-centric platform in the crypto space, influenced by the failures of previous treasury-backed protocols. All had flaws; one notable example is Syncus DAO. Syncus achieved an 800x increase in their token price from presale. Their strength, which we share in the initial phase (Flywheel mechanism) worked as intended. However, they failed on two major points: Trust, as the developers had malicious intent and did their best to bleed the Syncus liquidity and lack of innovation overall. They felt too comfortable and didn’t bring any new ideas to bring buy pressure or incentivize holding. Another notable project is Olympus DAO, which peaked at around $4 billion.
Genesis is built with transparency, trust, and innovation
Genesis is safe
We took extensive measures to ensure $GEN is safe
This includes 1- A cap on taxes > Buy/Sell TAX (Cannot be raised above a certain level)
2- A cap on stake/unstake taxes
3- Fully audited Token/Staking contracts
4- Liquidity is 100% locked
Last updated