What is FATExDAO?
FATExDEX is a digital asset depository that is pooling capital for, and from, DAO members to build a profitable, commercial FinTech & DeFi investment & banking institution.
FATExDAO & its DEX/Dapp was never intended to just be a fork yield-farm/dex in the traditional sense:
It is a web 3.0 #DeFi #Dapp for members’ to #hodl, contribute and gain value via their digital assets.
The DAO is essentially a decentralized autonomous corporation, which uses the DEX as the preliminary means to obtain the capital necessary to create DeFi/blockchain (DLT)/tokenization-oriented financial services and products that have large-scale commercial applications.
The DAO recognizes the production of prosperity (enhancing the human condition and our longevity) must be done through the development of innovations that increase economic activity in an equitable, inclusive, borderless, and ESG-aligned manner.
With the underpinnings of win-only solutions and extreme real profit potential as the driving motivation to encourage sustainable and socially responsible corporate practices.
- This is significantly different from almost any other DeFi project by its own measure.
- We have a detailed, yet intentionally, vaguely described (due to DAO proprietary reasons) way of achieving this and are at the moment, ahead of schedule.
Read more of this section, taken from our (the Green Paper)
