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SAIL

SAIL

$0.0₃8391
0.27%
Open
-
High
-
Low
-
Vol.
-
coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #1018
$485,726
Volume (24h) #2193
$31,100
Supply (Circ. / Total / Max)
578.84M / 1B / ∞
Launch Date
2023-08-11
Built On
ETH
Token Standard
ERC20
Smart Contract Address
0xd8F1460044925d2D5c723C7054cd9247027415B7
Decimal Places
18

SAIL Price Converter

SAIL

SAIL Information

Resources

WebsitesWebsiteWhitepaperBlog
Code Repositoriesgithub.com/admiraldao/vesting-merkle-distributor
Industries
Governance
DeFi
Communitiestwitter.com

SAIL Supported Platforms

SAILERC20ETH0xd8F1460044925d2D5c723C7054cd9247027415B72023-08-11

About SAIL

SAIL is the governance token of AdmiralDAO, a decentralized autonomous organization (DAO) that oversees a fleet of DeFi products, including Clipper, a custom-built decentralized exchange (DEX). SAIL token holders can participate in AdmiralDAO’s governance by submitting and voting on proposals. The governance process is structured into five phases: Proposal & Discussion, Temperature Check Vote, Snapshot Vote, Waiting Period, and Implementation. This systematic approach ensures a decentralized and community-driven decision-making process. The quadratic voting model used in on-chain voting aims to distribute voting power evenly, reducing the influence of whales. The project is stewarded by Shipyard Software, with Mark Lurie as the CEO and Co-founder.

SAIL is the governance token of AdmiralDAO, which stewards a fleet of DeFi products including Clipper, its flagship decentralized exchange (DEX) tailored to the needs of specific traders and communities. SAIL token holders are empowered to participate in the governance of AdmiralDAO by submitting and voting on proposals, which are part of a structured governance process.

AdmiralDAO is a decentralized autonomous organization (DAO) aimed at empowering individuals to trade in free and fair markets. Through its fleet of DeFi products, it serves a variety of DeFi users by offering specialized products and services. The DAO oversees custom-built DEXs and allows community members to actively engage in governance, thereby driving progress within the DeFi space. The governance process is structured in five phases - Proposal & Discussion, Temperature Check Vote, Snapshot Vote, Waiting Period, and Implementation, ensuring a systematic approach to decision-making within the DAO​.

The primary use of SAIL is to facilitate governance within AdmiralDAO. Token holders can submit proposals, participate in discussions, and vote on proposals in different phases of the governance process. The governance process aims to ensure a decentralized and community-driven approach to decision-making, allowing for a fair and transparent system of governance. Moreover, the quadratic voting model used in on-chain voting aims to even the distribution of voting power, reducing the influence of whales in decision-making​.

The project is stewarded by Shipyard Software, with Mark Lurie identified as the CEO and Co-founder.
SAIL (SAIL) Price | SAIL to USD Price and Live Chart