As of today Abra’s traction on Arbitrum has very solid but could be improved. At the time of this writing, over 6 million MIM in the ETH cauldron are sitting unused.
I would like to introduce a new project being launched on Arbitrum: Akame Dao.
Olympus DAO fork with large treasury ambitions, sustainable project goals similar to $TIME (not a pump and dump)
Advised by Xenesis, member of the Dopex team
Initial Bonds will be MIM, followed by MIM-AKAME Token, WETH, DPX, rDPX bonds
CRV & CVX Bonds potentially to come after, feasibility being explored given veCRV & CVX only live on Mainnet
5/7 multi-sig, given the MIM connection the team humbly requests a short conversation with Daniele regarding deeper Abra integration and offers Dani or an Abra team member a role on the multi-sig
Intense focus on using portion of treasury for charitable causes in real world. Focus on blood-related diseases, blood-related research, blood donations, and charities focused on providing aid, tampons, and sanitary pads to residents of underprivileged areas around the world
One of our advisors (Xenesis) is in the process of setting up a non-profit DAO that will focus on humanitarian issues across the globe and will allow DeFi protocols/DAOs to fund operations/charity work by donating some of their treasury at the end of each month.
Due to Akame DAO having an advisor linked with this project, we will be the first DeFi protocol/DAO to contribute to this initiative. The treasury allocation we will use for donations as well as the charities/NGOs/Non-profit humanitarian aid groups will be voted on exclusively by stakers of our native token.
Arbitrum network lacks traction of some others chains (e.g., AVAX), and needs a catalyst to increase activity on this very important piece of the the Ethereum network. Akame Dao and Abracadabra can work together to help create this catalyst by integrating more tightly, providing value creation to users, and make the world a better place through charitable donations to people who need it.
More Information Here:
Discord: Akame DAO
Please reach out to @bowtiedscar or @xenes1s on twitter or in Discord for more information