Odaily Odaily reports that Crypto DAO, a decentralized finance (DeFi) transparency mechanism protocol, has announced its upcoming launch. According to the official introduction, Crypto DAO's core structure revolves around "real collateral, a single minting portal, open-source treasury, and multi-signature governance," providing a more transparent and standardized protocol framework for decentralized finance through verifiable on-chain mechanisms.
The protocol employs a collateralized minting system, with all token issuance executed by a single smart contract. The path is public and there are no additional entry points, ensuring a transparent and verifiable issuance mechanism. Treasury assets are publicly disclosed on-chain, with a clear multi-signature structure, and the flow of reserves can be verified in real time.
Crypto DAO's Price Stabilization System (RBS) operates based on an on-chain auto-adjustment strategy, performing buybacks or reserve management operations during price fluctuations while ensuring that reserves cannot be transferred out, thus providing a stable operating environment for the protocol.
