Catcher DAO is an ERC-20 blockchain-based community built to rehabilitate past mistakes into good vibes. The motto and concept of Catcher DAO is “Reinventing Illiquid Assets”, we take dead tokens and give them value. $CDAO holders will be able to vote on which dead/illiquid tokens we will be rehabilitating next and the ratio at which they will be able to be exchanged for CDAO tokens. These CDAO tokens will then be vested for a predetermined amount of time to ease the pressure of large redemptions in the ecosystem.
Catcher DAO keeps it simple with three main steps:
Vote — Nominated and Vote for past failed projects that you think are deserving of a second chance.
Catch — Tokens that pass quorum will be available for exchange at fair rates.
Claim — Claim your new CDAO tokens, allowing you to have more voting power to determine the next rehabilitation project.
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