Shield DAO is a decentralized reserve currency protocol based on SDD tokens, created by core members from the Olympus DAO team. Each SDD token is backed by a basket of assets (USDT, BNB, BNB\SDD-LP) in the Shield treasury, providing intrinsic value. It features staking and bonding mechanisms for unique economic dynamics. The project aims to decentralize seed funding, offering early access to innovative projects and implementing a burn mechanism for token deflation. It's similar to Olympus DAO and focuses on community governance through staking.
SHIELD DAO is a community modeled after Olympus DAO, with core team members originating from the original project. It aims to onboard backers and maximize ROI through governance participation, featuring simple tokenomics with no team allocation. Liquidity is locked in a DEX. The project has active Chinese and English Telegram channels for communication and updates: https://t.me/shield_reserve (Chinese) and https://t.me/shield_Englis. A YouTube channel is also available: https://www.youtube.com/watch?v=gx09Voo4yOM.
