Announcing Paladin DAO : The Binance Smart Chain Reserve Currency, making your wealth grow with liberty
3 min readDec 12, 2021
We are thrilled and excited to welcome you to Paladin DAO!
Paladin DAO: What you need to know?
Paladin DAO is a Decentralized Reserve Currency that is on the Binance Smart Chain. Forked from Olympus DAO (operating on BSC network). Paladin DAO will use the same bond and stake mechanism as Olympus DAO.
The goal of this mechanism is to become the owner of the protocol’s liquidity, to ensure sustainable growth.
Paladin DAO’s token will be named $Paladins(PD).
Why did we choose to Create on Binance chain?
Paladin DAO chose to BSC due to multiple factors :
- Modest: BSC offers affordable fees, so the user can easily purchase the amount of PDs required.
- Accessibility: It is possible to buy $Paladins easily in PANCAKE swap and can easily be sold as well.
- Availability & Trust: Currently, there are limited Binance chain reserve currency DAOs which seem to be trustworthy and we want to make paladin stand out with its extensive road map and usability
