Difference between revisions of "AsgardDAO"

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[[File:AsgardAnnouncement.jpg|thumb|475x475px|Asgard treasury redistribution announcement from Discord on August 23rd, 2021.]]
[[File:AsgardAnnouncement.jpg|thumb|475x475px|Asgard treasury redistribution announcement from Discord on August 23rd, 2021.]]
'''AsgardDAO''' was one of the earliest [[Olympus forks|Olympus DAO forks]]. After less than a month, the developers redistributed the treasury to holders after being unable to manage the technical aspects of the project.<ref>[[File:AsgardAnnouncement.jpg|thumb|Asgard treasury redistribution announcement from Discord on August 23rd, 2021.]]
'''AsgardDAO''' was one of the earliest [[Olympus forks|Olympus DAO forks]]. After less than a month, the developers redistributed the treasury to holders after being unable to manage the technical aspects of the project.<ref>https://twitter.com/7ommyZero/status/1429845398978396165?s=20&t=ZvEZWalzzuTsVDKrlQ5LAQ</ref><ref>https://twitter.com/DefiLlama/status/1429854218576306181?s=20&t=ZvEZWalzzuTsVDKrlQ5LAQ</ref><ref>https://twitter.com/Calvin_0x/status/1447593757218574340</ref> Not to be confused with the [[Binance Smart Chain|BSC]] Asgard DAO.
</ref><ref>https://twitter.com/7ommyZero/status/1429845398978396165?s=20&t=ZvEZWalzzuTsVDKrlQ5LAQ</ref><ref>https://twitter.com/DefiLlama/status/1429854218576306181?s=20&t=ZvEZWalzzuTsVDKrlQ5LAQ</ref><ref>https://twitter.com/Calvin_0x/status/1447593757218574340</ref> Not to be confused with the [[Binance Smart Chain|BSC]] Asgard DAO.


== History ==
== History ==
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By August 23rd, Asgard announced over Discord that they were going to redistribute the treasury to all ASG holders. Holders received 17.19 DAI per ASG.<ref>https://web.archive.org/web/20211014182410/https://docs.asgarddao.finance/fair-redistribution/swap-asg-for-dai</ref><ref>https://web.archive.org/web/20210903194131/https://app.asgarddao.finance/#/redistribution</ref>
By August 23rd, Asgard announced over Discord that they were going to redistribute the treasury to all ASG holders. Holders received 17.19 DAI per ASG.<ref>https://web.archive.org/web/20211014182410/https://docs.asgarddao.finance/fair-redistribution/swap-asg-for-dai</ref><ref>https://web.archive.org/web/20210903194131/https://app.asgarddao.finance/#/redistribution</ref>
== References ==
<references />
[[Category:Forks]]
[[Category:DAO]]

Latest revision as of 23:22, 13 May 2022

Asgard treasury redistribution announcement from Discord on August 23rd, 2021.

AsgardDAO was one of the earliest Olympus DAO forks. After less than a month, the developers redistributed the treasury to holders after being unable to manage the technical aspects of the project.[1][2][3] Not to be confused with the BSC Asgard DAO.

History

Asgard was announced over Medium on August 10th, 2021.[4] The token launched on August 13th and the "fair launch" sale lasted 7 days. The project announced a roadmap and their smart contracts on the 13th as well.[5] By August 18th, the project reached a peak TVL of $5.4m.[6] It was after this date the Asgard TVL would fall mainly due to concerns regarding the tokens that founders were preallocated.[7][8] The token price also fell from highs of $140 on the 18th of August to $10 in the coming days.[9]

By August 23rd, Asgard announced over Discord that they were going to redistribute the treasury to all ASG holders. Holders received 17.19 DAI per ASG.[10][11]

References

  1. ↑ https://twitter.com/7ommyZero/status/1429845398978396165?s=20&t=ZvEZWalzzuTsVDKrlQ5LAQ
  2. ↑ https://twitter.com/DefiLlama/status/1429854218576306181?s=20&t=ZvEZWalzzuTsVDKrlQ5LAQ
  3. ↑ https://twitter.com/Calvin_0x/status/1447593757218574340
  4. ↑ https://web.archive.org/web/20210810230947/https://medium.asgarddao.finance/asgard-initial-state-fair-launch-49594e0177ca?gi=d9c309478364
  5. ↑ https://web.archive.org/web/20210813115909/https://medium.asgarddao.finance/the-asgard-project-2886f29a5013?gi=8273b602b124
  6. ↑ https://defillama.com/protocol/asgard-finance
  7. ↑ https://web.archive.org/web/20210818235328/https://medium.asgarddao.finance/bringing-confidence-to-the-protocol-a96f7b49c303?source=social.tw&gi=fe12de0c7f88
  8. ↑ https://etherscan.io/token/0xfb7f4f499497041fdec8f6b24c79d1a4559b207f
  9. ↑ https://nomics.com/assets/asg2-asgard
  10. ↑ https://web.archive.org/web/20211014182410/https://docs.asgarddao.finance/fair-redistribution/swap-asg-for-dai
  11. ↑ https://web.archive.org/web/20210903194131/https://app.asgarddao.finance/#/redistribution
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