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FactorDAO Overview
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About FactorDAO
FactorDAO (FCTR) is integral to the Factor ecosystem and serves multiple roles:
Governance: FCTR holders can stake their tokens to receive vote-escrowed FCTR (veFCTR), granting them voting rights in FactorDAO governance. Governance includes decisions on protocol developments, ecosystem incentives, and emission allocations.
Incentives: - Factor Scale: FCTR tokens are distributed as weekly rewards to strategy vault depositors based on community voting. - Factor Boost: Allows additional ERC-20 token incentives for specific vaults. - Revenue Sharing: 50% of platform revenues are distributed to veFCTR holders. 3. Ecosystem Growth: FCTR powers the Factor Flywheel, incentivising participation in strategy creation, liquidity provision, and long-term staking. Tokens are used for community and ecosystem incentives, encouraging sustained engagement.
Strategic Development: FCTR tokens fund development, audits, partnerships, and other ecosystem expansions.
FactorDAO Markets
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FactorDAO Market Data
The live FactorDAO price today is $0.33 USD with a 24-hour trading volume of $0.00 USD. We update our FCTR to USD price in real-time. FactorDAO is tracking market moves in the last 24 hours.
The current market cap is $33,014,771.87 USD. The circulating supply is 100,000,000 FCTR out of a max supply of 100,000,000 FCTR.