AladdinDAO
Crypto Overview
Overview
AladdinDAO is a decentralized autonomous organization (DAO) focused on developing AI-powered DeFi protocols. The ALD token serves as the governance token for the AladdinDAO ecosystem, allowing holders to participate in protocol decisions.
Purpose and Utility
The primary purpose of ALD is governance rights over the AladdinDAO ecosystem. Token holders can propose and vote on protocol changes, treasury allocations, and strategic decisions. The token also provides access to various protocol features within the AladdinDAO ecosystem.
Business Model
AladdinDAO's ecosystem includes several DeFi products, including intelligent vault strategies and AI-powered yield optimization tools. The protocol generates revenue through protocol fees from these services, which is distributed to the DAO treasury.
Development Activity
The project maintains active development, with regular updates to their smart contracts and AI models. The GitHub repository shows consistent contributions, and the team regularly publishes technical updates.
Token Distribution
The ALD token has a transparent distribution model with tokens allocated to the community (40%), team (20%), treasury (20%), and ecosystem growth (20%). Team tokens are subject to a 4-year vesting period with a 1-year cliff.
Current Usage
The token is actively used for governance decisions within the DAO, and the protocol's DeFi products show regular user activity. The primary utility remains governance rights and access to protocol features.
Crypto Impact
To assign a comfort level investing in AladdinDAO from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to AladdinDAO.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.