Help Us Break the Chains and Change the World
The Problem with Traditional Finance Systems
We live in a world where no one owns their money as long as it is in a bank. In the real sense, we do not even transact. We ask the banks to carry out the transactions on our behalf, and we pay them for it as charges.
Also, our banks take our monies and loan them out to other people for outrageous amounts of interest. Then charge us for keeping our monies with them. So, they rip others via interests and rip us via charges. Moreover, we have no control over the privacy of our data.
We Need a Revolution
This rip-off by the traditional centralized finance system needs to
stop, and the only way is to invest in decentralized finance. Currently, one of the vehicles cheering this revolution is the Cult DAO.
What is Cult DAO?
Cult DAO is a crypto platform fighting for a future of total
decentralization. The platform is taking the path of fighting against centralization and the creation of a new, decentralized system.
The CULT system is built on 50 stakers. These stakers are the first 50 that own the CULT token and are called Guardians. These stakeholders can propose ideas to the DAO team. When they do, every other CULT token holder will vote. The stakers are not allowed to vote.
Highlights of Cult DAO
Here's a roundup of the most important information you need to know about Cult DAO:
DAO developed a burning mechanism, and it will serve as an incentive. Once DAO raises CULT tokens worth 15.5 ETH, it will 2.5ETH.
The 13ETH left will be shared among investors or given to a cause.
DAO is for life because it runs on a smart contract. No one can stop it.
DAO has two tokens. CULT tokens for trading on exchanges and dCULT are a reward for staking your CULT tokens.
Users can stake their CULT and receive rewards passively based on how many stakes they have.
CULT trades for less than one cent per token on exchanges like Uniswap and Gate.io.
There are 4 Trillion cult tokens in circulation with a total MarketCap
of $50.8 million.
A Decentralized Future is Possible
Investing in CULT DAO equals joining the fight for a revolution that will usher in an era of decentralization. However, it will not happen without a total reconstruction of traditional centralized system.