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Kandyland DAO logo
Kandyland DAOKANDY
Launched On
2022-01-12

If you are looking to buy or sell KANDY, Trader Joe is currently the most active exchange.

KANDY is backed by MIM and other assets owned by the reserve treasury, and will function in a very similar way: when KANDY trades below MIM, the protocol will buyback and burn KANDY, increasing its price to at least 1 MIM. This means that KANDY will always be worth equal to, or more than MIM.

Kandyland DAO aims to become a relevant reserve currency on the AVAX network, one which is truly owned and maintained by a decentralized protocol that serves the majority. Our goal is for $KANDY to be a common trading pair which is backed by real assets.
Additionally, Kandyland DAO will focus on empowering the Gaming and Music industries within crypto through the crowd-voted, smart allocation of the treasury funds in said industries.

There are two main strategies for investors: staking and bonding. Stakers stake their KANDY tokens in return for more KANDY tokens, while bonders provide LP or MIM tokens in exchange for discounted KANDY tokens after a fixed vesting period.

Decisions will be made via snapshot, using sKANDY as a voting token. Holders of sKANDY can vote on proposals brought forward by the team, or bring their own proposals to a vote. Kandyland's ambitions can only be reached with the help of each member of the community.

As mentioned previously, we want to build a treasury large enough to make a difference in the crypto, NFT, gaming, and music space! It is only with the help of a strong community that we can achieve truly decentralized, autonomous governance.

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