SingularityDAO (SingDAO)

3,000,000 SingDAO tokens go to those who hold AGI tokens either in private wallets or in the Liquidity Pools of DEXs. These SingDAO tokens will be weighted towards those who hold more AGI tokens, and those who hold AGI tokens for longer, as explained below in the section ‘Airdrop for AGI token holders and/or Liquidity Providers’.

Overview

SingularityDAO, by SingularityNET, is a layer 2 noncustodial DeFi solution that allows members to manage dynamic token sets (called DynaSets) consisting of a bundle of utility tokens. These DynaSets are somewhat parallel to ETFs in traditional finance. Tokens that have limited liquidity on their own become easier to trade when aggregated into sets. On top of these token-sets, SingularityDAO enables yield farming and futures-based hedging features. The core purpose of SingularityDAO is to make it more beneficial and less risky to hold collections of utility tokens that individually have only modest liquidity, opening the flow of capital to innovative projects.

SingularityDAO is designed to leverage AI at multiple levels: AI manages dynamic token-sets, executes predictive market-making strategies to provide liquidity for these token-sets on DEXs, and predictively models hedging strategies.

 

Value per user

n/a