NeptuneDAO
NeptuneDAO, A liquidity DAO for scaled yield, incubated by The LAO. The LAO has incubated a new DAO focused on providing DeFi and other blockchain projects with needed liquidity. Neptune is the second DAO incubated and formulated by The LAO members and its surrounding community, and a continuation of The LAO’s quest to build an entirely digital Silicon Valley.
The LAO launched less than a year ago and has supported over 40 projects with early-stage funding, including a number of leading DeFi projects. Our most recent DAO, Flamingo, has emerged as a leading investment, thought leadership, and coordination community for NFTs. Over the next year, the LAO ecosystem will continue to grow, creating a loosely affiliated and independently-run network of DAOs.
Today, we are introducing Neptune DAO as a natural extension of The LAO’s DAO ecosystem. Neptune supports blockchain-based projects with needed liquidity. The LAO and FlamingoDAO are filled with members who have been involved in Ethereum since its start. Neptune leverages the knowledge, expertise, and backgrounds of its DAO members to ensure DeFi protocols get the support they need.
Neptune identifies and provides the opportunity for liquidity pools and liquidity providers, but does so with a human-centric approach. Members of Neptune pool their capital and identify which projects to support and what investment strategies to engage in. All of these decisions will be mediated through Neptune’s dapp, and coordinated through Discord channels and weekly calls.
Liquidity and investment strategies can be proposed by any member of Neptune. If voted on by the rest of the DAO members, the strategy will be executed by Sam Cassatt, the former Chief Strategy Officer of ConsenSys, and his newly formed engine Aligned Capital. Strategies will also be supported by OpenLaw for dapp development and more.
There will be no manager or general partner of Neptune. Members have complete control over all of the DAO’s operation and investment strategies through democratic voting mechanisms. To understand more about Neptune’s structure, including fees, please reference our docs here.
Through Neptune, members are better able to:
- Vet and identify emerging opportunities in the DeFi space,
- Mutualize gas costs, and
- Save time when it comes to staking, claiming, and re-staking assets.
At the same time, Neptune will emerge as a go-to resource for projects seeking to bootstrap their DeFi networks with liquidity originating from people with aligned, transparent incentives.