OJE DAO is a decentralized autonomous organization that provides rewards to OJE Token and NFT holders. Through our DeFi protocol individuals can stake, lend and borrow against their NFT collections. Community members who hold assets govern the protocol. OJE DAO is completely autonomous, meaning OJE Inc has no centralized control of its treasury or lending pools. OJE DAO is currently under development with Launch projection in Q3.
OJE DAO will use a DeFi protocol allowing users to lend and borrow crypto currencies. In the OJE DAO you can lend your asset out and receive a variable or fixed APY% reward. By providing liquidity to the treasury you are also allowed to borrow on the value that is deposited.
OJE DAO will implement a new way of leveraging NFTs allowing buyers to stake and leverage their NFT floor value. Those positions can then be placed in our Lending pools to receive extremely high APY% rewards.
The OJE DAO owns vital smart contracts and assets that make up Ojeverse VR, giving control to the future evolution of the Ojeverse to people who create and utilize its virtual space. VR Land development, community guidelines, protocol updates, will all be determined by votes cast in OJE DAO.
In OJE/DAO individuals can stake in lending pools to receive extremely high APY% yields similar to other major auto staking DAO protocols. However, in OJE/DAO your liquidity can be borrowed against and leveraged to earn extra rewards.