• Home News HaloDAO to Hold Anticipated Initial DEX Offering on SushiSwap MISO on June 24

HaloDAO to Hold Anticipated Initial DEX Offering on SushiSwap MISO on June 24

Posted 15 Jun-2021 10:35 PM by Lisa | 631

HaloDAO, a comprehensive decentralized finance protocol designed to create asset agnostic global money fund networks, will hold its anticipated Initial DEX Offering (IDO) on June 24, launching on SushiSwap's recently deployed MISO Launchpad at 12 PM UTC.

The whitelisting process is currently open with 1000 slots available on a first-come, first-served basis. In order to be able to claim HaloDAO's RNBW tokens, participants must pass through KYC verification. The whitelist will close on June 16 at 12:00 AM UTC. Details of the IDO, including sums to be raised, will be announced three days before the IDO itself.

The RNBW token, released as an ERC-20 on Ethereum, will be the HaloDAO protocol's governance token. Its holders will be able to make important decisions about the platform, as well as accrue some of the value generated by its activity.

œWe're excited to be among the first projects launching on SushiSwap's new MISO platform, said Christopher Verceles, co-founder of HaloDAO. œIt's the perfect tool to bootstrap new communities, and the support from one of the most reputable community DAOs out there is an important signal for us.

HaloDAO was founded by Yong Jun Ming and Christopher Verceles, formerly of ConsenSys. The project aims to create liquid DeFi markets for stablecoins beyond the US Dollar. The company plans to focus initially on Asian currencies and rapidly provide support for other asset-backed stablecoins.

The project aims to create an all-in-one DeFi ecosystem for swapping, borrowing, lending, and yield generation. By integrating stablecoins of currencies like the Hong Kong dollar, Singapore dollar, and Indonesian rupiah, HaloDAO will become among the only markets across both DeFi and CeFi to incentivize liquidity for non-USD currencies. This will ease access to crypto for potential users in Asia and worldwide, fostering adoption.

About HaloDAO


HaloDAO aims to build inclusive Web 3.0 infrastructure to bridge traditional and permissionless finance. We do this by building a stablecoin optimized Automated Market Maker (AMM), to facilitate efficient, on-demand currency exchange and a stablecoin specific lending market that provides high-interest yields on local currencies.

Source:-https://cryptopotato.com/halodao-to-hold-anticipated-initial-dex-offering-on-sushiswap-miso-on-june-24/

Tags:

HaloDAO, RNBW token, SushiSwap’s new MISO platform,, Affordable Press Release Services, Free Press Release Network, Free Press Release Site, Free Press Release Distribution Website, Free Press Release Distribution Services

Company Information

Company Name Contact Person Contact Number Email Id Website Address
HaloDAO

Other Cryptocurrency Related Press Release News

Trustology is First Cryptoasset Custody Wallet Provider to Join Corda Network With LAB577's DASL Press Release News Free

​​Trustology, a London-based institutional cryptoasset custody firm dedicated to enabling global crypto adoption, today announces th...Read More


Bittrex Global Partners with HedgeTrade for a $5 Million Giveaway Free

We're pleased to announce that Bittrex Global is partnering with crypto prediction social marketplace HedgeTrade to make it easier to share crypto mar...Read More


HubMiner Inc. Announces the Launch of World First Advance Direct Liquid Cooling Miner:Enhanced Performance and Productivity Free

Hubminer Inc. (www.Hubminer.com) is strongly emerging as a game-changing discovery in the rapidly evolving global cryptocurrency market. The company r...Read More


KuCoin Doubles Down on Its Commitment to Compliance and Security with Chainalysis Partnership Free

KuCoin, an IDG-backed crypto exchange, today announced that it has partnered with Chainalysis, the blockchain analysis company, further deepening its ...Read More


Is Arbitrage.is Platform Legit Or A Scam? Get All The Details Before Investing In Bitcoin Free

Cryptocurrency is a relatively new concept and is questioned every day for its validity. Arbitrage.is is a major platform for those looking to invest ...Read More