This project has been archived
This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.
This project has been flagged by the community!
We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
The community raised some concerns regarding this project!
We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
Danogo
The first DEX trading Optim Bond tokens on Cardano.
About
A Decentralized Exchange on Cardano here users can list & trade Bonds permissionlessly without relying on any centralised party.
Currently Optim Bond Holders must wait till maturity to receive ADA back, so Danogo will help improve liquidity for Bond Holders.If you have Ada but do not want to be locked up for 1 full year, you can buy Optim Bond via Danogo and choose the duration suitable instead.
Cardano already has a few DeX, but none of them is suitable for Bonds because the price of Bonds changes EVERY DAY as the Bonds accrue interest when they get nearer to the maturity date. Hence Danogo calculates dynamic Bond prices based on Yield & time to maturity rather than fixed spot prices like other DeX. Thus users will trade Bonds based on Yield & Maturity rather than spot price.
