PAPA DAO (PAPA) is not tradable on Coinbase.
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PAPA DAO Price (PAPA)
Market stats
PAPA DAO is on the rise this week. ↗
The price of PAPA DAO has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. PAPA DAO’s price has also risen by 100.00% in the past week.
Overall
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About PAPA DAO
FAQ
PAPA DAO (PAPA) functions as a reserve currency protocol operating on Avalanche Network. Avalanche Network is a smart contract-based blockchain capable of delivering high scalability, decentralization, and security. Further, smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
The network token, called PAPA, is the primary currency of the PAPA DAO platform. The main goal behind the creation of PAPA DAO is to develop a policy-controlled currency system, wherein the PAPA token functions as the medium of exchange for metaverse and the gaming universe. Thus, in simple words, the platform aims to develop a network that represents systematic growth for the users.
Furthermore, the PAPA token can also be used to aim to create incentives for network contributors. Each PAPA token is backed by a bunch of assets, including PAPA-AVAX LP tokens, metaverse infrastructure projects, play-to-earn projects, and MIM (Magic Internet Money). Magic Internet Money is a stablecoin, and each PAPA token is backed by 1 MIM. This means that one PAPA token is equivalent to at least 1 MIM. As a result, the token seeks to become more stable and secure by being backed up by a pool of assets.
The PAPA DAO platform seeks to generate value through bonding and staking:
PAPA DAO is a fork of Olympus on Avalanche Network and follows the rules of a decentralized autonomous organization. Olympus is a community-owned cryptocurrency that aims to provide stability and transparency to the world. The PAPA DAO team is a group of anonymous contributors.
PAPA DAO is under process for its PHASE 2 changes in features like Decentralized Voting System and PAPA Workshop has already been launched. However, a few more changes, such as Lending and Borrowing protocol, Audit, and Accelerator Launchpad, are in the pipeline.
We update our PAPA DAO to USD currency in real-time. Get the live price of PAPA DAO on Coinbase.
Assets that have a similar market cap to PAPA DAO include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.
PAPA DAO Price History
Date | Price | Change |
---|---|---|
Today (January 23, 2025) | $0.00 | NaN% |
24 hours ago (January 22, 2025) | $0.00 | 100.00% |
1 week ago (January 16, 2025) | $0.00 | 100.00% |
1 month ago (December 23, 2024) | $0.00 | 100.00% |
1 year ago | $0.00 | 100.00% |
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