Dango (DNG)

Dango is a DeFi hub with novel leverage capabilities and a next-gen user experience.

Seed Round: $3.6M

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What is Dango

At its core, Dango’s core mission is to build a scalable, interoperable, and efficient blockchain infrastructure that is customised to the needs of developers, enterprises, and users. If successful, Dango would be able to truly stand apart from all other chains by distinguishing itself as a next-generation platform for dApps, especially because the current DeFi landscape is littered with capital inefficiency, cumbersome user interfaces, and rigid execution environments. Dango has this opportunity only because of Grug, and therefore, this warrants a quick overview of both Grug and Dango to make sure we have a complete picture.

Built for flexibility and developer control, Grug is more than a traditional virtual machine. Grug has the ability to be intimately integrated with its blockchain infrastructure such that it is able to manage data flow, task scheduling and gas fee mechanism. It has the ability to act as an engine driving innovation and therefore Grug is able to power Dango’s most distinctive features.

So what is so special about Dango? 4 main features! Margin Accounts, Smart Accounts, Customizable Gas Fees and cronjobs. The Dango blockchain provides the decentralised, scalable and secure infrastructure required for all the operations occurring on the platform while, at the same time, it is able to handle large transaction volumes efficiently, maintaining decentralisation by leveraging a network of validators and also offering interoperability by seamlessly connecting to multiple blockchain ecosystems.