Beast DAO — Introduction

3 min readDec 28, 2020

What We Do

Beast DAO is a decentralized platform for consumers and developers alike, we believe in collaborating together with many other open-source projects to create a safe environment for people to deploy, invest, and earn. We function not only as a secure platform for developers and consumers to navigate the DeFi space, but also as a community governed incubator. We will work to establish long-term partnerships with projects in the community, whether they are just start-ups, or if they already have huge market caps, and provide them various incentives for doing so.

Platform

At Beast DAO, we’re trying to create a safe environment to do everything on DeFi. At the core of this is the Beast DAO platform, whether it includes staking into other protocols, buying into DAO-governed and moderated presales, or monitoring your current investments, we’re making Beast an open-source gateway into the Ethereum ecosystem that everyone can use and be apart of, and we’re actively collaborating with many of other projects to help make it possible.

Interoperability

The Beast DAO platform is built out of the box to be compatible with a wide-range of Protocols such as Polkadot, Wrapped Token support, as well as default compatibility for a many of the popular Ethereum standards ERC20, ERC1155, ERC721. This enables users to perform cross-chain swaps in a breeze and also ensures that developers won’t have any trouble getting up and running on Beast DAO in a timely manner.

DAO-governed sales and Anti-scam
Features

The Beast DAO platform will remain a decentralized, permission-less hub for community innovation - enabling projects to raise capital in a secure environment. Projects deploying on Beast DAO can take advantage of our GLE (Guaranteed-Liquidity Event) and DAO-governed presale technology to deliver their tokens to holders. Active moderation will occur by the DAO to determine fraudulent sales, rug-pull operations, or people simply creating fake pools of other tokens and advertising them on our platform. Certified and DAO moderated presale approval will be determined by token holders, as well as multi-sig key holders.

Guaranteed-Liquidity Events

Once you take part in a Beast DAO sale, a unique pool is created just for your projects token. Built-in to the Beast DAO protocol is the ability to make your sale a Guaranteed-Liquidity Event — which is a highly-configurable and trustless way to raise liquidity for DeFi protocols. Included in a Beast GLE sale are many of our own optional features that we have implemented to protect investors, such as automated liquidity locking, automatic Uniswap liquidity adding, and many other optional features that pool creators can enable. When you take part in a Beast GLE sale you can have the peace of mind of knowing that the Liquidity for that sale is guaranteed to be locked for a certain period of time and that the funds being raised for that sale are going directly into the protocol / token you’re investing in.

KYC-integration for Developers

Beast DAO is created to be a secure and safe platform to conduct and participate in sales (fixed-swap, dynamic swap, and Guaranteed-Liquidity Events). To build user trust within the community, we’re developing an optional full-KYC integration model that will be actively governed and moderated by Beast DAO. This helps protect Beast DAO sale participants by knowing that the creators of that specific sales pool are KYC-compliant, having their key developers or founders identity-verified.