JULSWAP DAO

What is JULD and how Does It Work?

The JUL DAO is a decentralized autonomous organization that leverages the collective decision-making power of its JULD token holders. They do this through the Aragon multisig platform and Snapshot community proposals, each which guides the decision-making process. Owning a JULD token lends its holders the right to cast a vote, fostering inclusivity in decision-making. Extended voting periods are typical, but may be expedited for quicker decisions where necessary. A minimum of 5% approval from the total JULD token holders is required for decisions to proceed. Community proposals are voted upon and executed using separate multisig treasuries on Ethereum and Polygon networks. Token holders could also benefit in certain ways by actively participating in voting. Apart from broader governance, JUL DAO has a dedicated system, the JULSWAP DAO, which oversees community governance. The associated voting platform operates on the BNB Smart Chain, with JULD Token being part of it. Each token effectively counts as one vote in the DAO, with an upper limit enforced to maintain balanced influence. Decisions can also be influenced by the JULD Guardians, members of the organization who can suggest different proposals requiring a 70% approval to pass. The JUL DAO allocates resources by deploying its JULD tokens in projects, supporting community moderators, backing infrastructural projects and carrying out other important tasks.

The Vision and Mission Behind JULD

The JULD token plays a crucial role in the JulSwap system. It primarily functions as a governance token, providing holders the capacity to participate in voting for changes and tasks associated with the project. Furthermore, the usage of JULD can be related to taking part in yield farming, acquiring lower transaction fees on the platform, or piloting transactions on NFT sales platforms. Its utilization contributes to the evolution of JulSwap by enhancing trade fluidity, facilitating the transition among diverse token types, and optimizing various decentralized exchange tasks. It's also possible to work with your JULD tokens for purposes like staking, farming, and pooling. The onus of adhering to regulations from your respective jurisdiction primarily lies with you as traders and not with the exchange.

How to Buy and Store JULD?

To purchase JULD, Flooz.xyz offers a streamlined process. Flooz.xyz offers a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless JULD transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.

JULD Metrics:

• Current price: $0.0011

• Market cap: $657.47 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $132