Tezos-Based DAO Goes Live With Launch of STKR Token
Tezos-Based DAO Goes Live With Launch of STKR Token
Tezos-based StakerDAO has distributed its Staker (STKR) tokens to equity investors, launching the “tokenized hedge fund.”
STKR is priced at $13.30 a pop with a market capitalization of $20 million, backed by both a seed and Series A round. Key investors include Polychain Capital and Lemniscap.
STKR acts as both a governance token and security, with funds garnered from the protocol distributed…
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