What is SW DAO?
SW DAO is a community of engineers, DeFi experts, traders, analysts, and marketers focused on bringing innovative and exciting financial products to every DeFi user in the world. Our team has years of experience in the industry and we’re committed to developing products that make your life easier. Whether you’re looking for a reliable way to earn interest on your assets or want access to some of the most cutting-edge financial products available, SW DAO has you covered.
What are we doing?
We are building actively managed financial services to help crypto investors achieve their financial goals.
Why we do it
We do it because the world of DeFi is often seen by non-crypto native users as opaque, confusing, and rife with scams - and we are here to show them that this does not have to be the case.
How we do it/Solution
We do it by offering best-in-class structured financial products with low fees and unrestricted global access to any investor with a blockchain wallet, and soon to be anyone with just an SMS number.
- Increase Adoption - Introduce and expand the adoption of crypto investment products to a broad audience beyond those already in DeFi today.
- Become Market Leaders - Become the market leader of crypto-based structured products by creating the best products on the market.
The SW DAO has a native ERC-20 token (on Polygon) called SWD that aligns the DAO with its holders, enabling community-led ownership and governance. SWD holders are responsible for decisions including:
- Adding Products: Creating new products and managing existing ones.
- Controlling the Community Treasury: To attract talented developers, analysts, traders, and marketers, SW DAO will run incentive programs to attract and retain talent.
- Updating Fee Configurations: Structured products are monetized through management fees and spreads. The community will be responsible for finding the correct balance in deploying value accrual mechanisms to capture these fees/spreads.
The SWD Token is used to vote on the proposals at SW DAO. These proposals can cover almost anything, including which products we launch and where to allocate funds in our treasury.
It is also used to reward contributors and partners. There is a max supply of 1 million SWD tokens which will be distributed as follows.
A Share of SW DAO's Revenue
Holders of SWD will receive a share of all SW DAO profits, in addition to farming SWD. In the last 12 months, SW DAO has generated over $275k in fees from on-chain asset management activity — before even launching. Starting with our launch, 50% of all profits from our products and services will be distributed to SWD holders monthly.
Want to join us?
We want to collaborate with industry experts and thought leaders in the space to develop and market the best crypto structured products on the market.
To do that we have various bounty programs - depending on your role. You can learn more about them here.