If you are unfamiliar with Olympus DAO and their innovative "DeFi 2.0" model, we highly recommend reading their documentation here.

Our documentation mainly focuses on how Paradox DAO diverges from other Olympus DAO forks. We've cross-referenced certain basic concepts for clarity, but the focus here will be signposting the areas where Paradox goes further and offers unique opportunities.

🤔 Yet another Olympus Fork?

The goal of Paradox DAO is simple: build a lasting community-owned and operated Crypto Reserve Currency that will still exist in the years to come while feeding a truly decentralized Venture Capital 100% managed by a DAO.

That's similar to what most Olympus forks offer, with one massive difference:

<aside> 🔰 Paradox DAO operation solely depends on The Community decisions.

</aside>

🤝 Truly Community-led

It is a paradox that most Olympus DAO forks are actually not functioning as a DAO, and only the core team makes decisions. Paradox DAO is powered by a DAO operated by both, The Community and The Core Team. That’s where the name ‘’Paradox’’ and ‘’DAO’’ comes from...Paradox DAO...sweet!

Every aspect of how this protocol operates will be decided by the users. Nothing will be done without a vote by the community.

We understand that the perfect DAO architecture doesn’t exist...yet. But here’s is our approach.

1. Proposals: Our Discord's most hardcore users, the ones who have achieved a certain level of devotion to the project are the ones eligible to propose about the future moves of the protocol.
2. Voting: Paradox DAO uses Snapshot to provide the right to vote to the entire community. The voting power comes from PRDX (holders), sPRDX/wsPRDX (Stakers).
3. Execution: a simple gnosis-safe implementation consisting of a multi-sig wallet conformed by 8 addresses in total, 4 from The Community and 4 from The Core Team.

This system of operating is able to change and again, these changes will depend on The Community.

Find out more about The Community structure at the 👨‍🚀 Discord Guide and about how the governance is carried out through the 🗳 DAO

💎 Decentralized Venture Capital

Paradox DAO will act as a venture capital thanks to the treasury raised with the bonds.

The goal is to invest the treasury and return value to Paradox DAO which will provide higher support for PRDX token.

The investments provide the protocol with the full spectrum of exposure to the space, ranging from: