Slope Finance is governed by DAO, all community members who hold SLOPE can participate in project governance.
Slope DAO is the core of entire Slope Finance community
The mission of Slope DAO is to promote the sustainable development of the Slope Finance ecosystem, including product iteration, smart contract upgrades and SLOPE distribution, etc.
The Slope DAO plans to provide a fast and convenient front-end entrace to users, and comunity members can quickly submit proposals and participate in voting
Besides it, SLOPE token has some function:
- 66% of the net fees on slope DEX go to a Slope buy/burn.
- Hold SLOPE to participate in the limited governance of Slope Finance.
- SLOPE will be used transactionally for Slope Trading Bots and other VIP features to be developed.
- Stake SLOPE to reduce transaction fees. 5% of the net fees will be distributed as staking rewards.
SLOPE Token Key Metrics
Token name: SLOPE
Token standard: SPL
Max supply: 1,000,000,000
Token Release Schedule Details
The project has not updated full information about an exact number of tokens. So stay tuned for a new announcement from the team.
Slope Finance team won Solana Season Hackathon Dual Honors
Techinical Team is composed of Imperial College London, University of Columbia, The University of Hong Kong, Google, Facebook, Tencent and Microsoft Alumni, etc.
Started trading in crypto in 2017, contributed to several Open Source projects in Solana and Serum ecosystems.
Operation Team is composed of marketing and financial professional teams including former directors from Ogilvy and Tencent, directors from Citibank, JP Morgan, etc.
Others will be updated later
In my opinion, I reckon that Slope Finance is a notable project. They mainly focus on user demands to improve the User Experience and they know exactly the true value of their products belonging to the Solana ecosystem.
Besides, the project has been backed by many famous investors, they will support the project to encourage dev teams to be more inspired to do their job.
For the fact that the project is brand-new, I will not confirm anything strongly. Be patient and let's see what is the next.