FIAT DAO
FIAT DAO, or Fixed Income Asset Token, is a financial organization that aims to address the challenges of leverage and secondary liquidity in decentralized finance (DeFi) fixed income. The organization provides these assets with the capacity to leverage and access liquidity in secondary markets. FIAT%27s primary tool, the $FIAT token, is designed to act as a universal liquidity layer for DeFi fixed income assets. This is achieved through a mixture of collateralized debt positions and a unique redemption mechanism.\n\nThe organization%27s objective is to fill a gap in the market, allowing fixed income assets to serve as a starting point for any DeFi strategy. This has previously been a hurdle preventing the integration of these assets into wider DeFi strategies. FIAT DAO is eager to launch its product and begin integrating with existing fixed income asset and collateralized asset protocols. Through its efforts, FIAT DAO hopes to enhance the functionality and accessibility of DeFi fixed income assets.
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Key Info
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Credibility
Github Verified
LinkedIn Verified
News
- In the 'Stablecoin Olympics,' No Winner Will Take All
May 3, 2023 • powered by CryptoPanic
Activity Timeline
- Raisedfrom .$2.00M
Oct 16, 2021
Team
Investments
Round | Amount Raised | Date | Investors |
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Seed | Raised $2,000,000 | Oct 16, 2021 |