 | Davos Protocol (DAVOS)   |
Davos is a leading cross-chain lending and borrowing platform that allows users to borrow the DAVOS Stable Asset against at first their staked MATIC assets, and earn additional yields from the DAVOS yield-bearing Stable Asset in a single debt position against a low interest.
Pre-Seed Round: $500k
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PolygonWhat is Davos Protocol
Davos Protocol consists of a dual token model, DAVOS and DGT and a set of mechanisms that support instant conversions, asset collateralization, borrowing, yield farming, and stable asset staking. Davos is an enhanced version of MakerDAO and is a multi-chain protocol.
Davos is designed from the ground up based on the proven MakerDAO model for a decentralized, unbiased, collateral-backed stable asset that makes use of Liquid Staking. The time-tested algorithm of MakerDAO will be expanded beyond the current functions through integrations with other lending platforms. This will allow for more users to benefit from the higher money velocity of crypto markets that is driven by supply changes, user wealth, opportunity cost, and the credibility of blockchain ecosystems.
The overarching reason behind Davos is to ensure that long-term holders are rewarded for their loyalty, and that crypto hodlers have a simple and sustainable way to generate a yield from their digital assets.
To simplify the process of trading and adding liquidity to the protocol, Davos boasts a mobile-friendly interface. There is a significant focus on user experience in a manner that will take advantage of each respective chain’s superior technology.
Davos Protocol Roadmap
- Increase DAVOS adoption by collaborating with DeFi protocols on Polygon Chain and influencing reward emission using native tokens from multiple DeFi protocols.
- Maintain peg by actively incentivizing with DGT tokens the DAVOS liquidity pools across Decentralized Exchanges.
- Allow other DeFi projects to build on top of DAVOS and uncover DeFi composability potential, allowing DAVOS stakeholders to increase their returns.
- Increase DAVOS supply to $1 billion.
- Turn on the DAVOS single-stake pool.
- Davos Protocol is being extended across many chains.
- Start the Davos community governance process.
- Other Proof-of-Stake (PoS) tokens may be used as collateral.
- Get listed as basic pairs on centralized exchanges.
- Integrations with popular FinTech apps for daily use.
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