How does Blubber Dao do well in decentralized Finance

According to the white paper of “Blubber Dao”, we know the Blubber Dao is the world’s first community driven decentralized financial activity governance platform, focusing on cross chain asset pledge, lending, asset allocation and other defi products, aiming to build a Web 3.0 ecosystem with community autonomy, transparency and decentralization.

With the continuous penetration of Dao concept, open finance is about to usher in the next breakthrough. Blubber Dao is the leader of this tuyere.

As we all know, since the summer of 2020, there has been an explosive growth in defi, and billions of dollars have entered into defi to participate in income farming. However, many people have encountered various problems, such as the project party running away with money, the agreement being attacked by hackers, and so on. In addition, speculators, influential big V, and even the richest people on the planet, such as Elon Musk, are very vulnerable to false information. Their voice may also be noise, which strengthens the information asymmetry of the market and makes ordinary investors more at a loss. Blubber Dao saw the huge barriers in the defi market and began to introduce the idea of Dao, hoping to provide a fair and just financial environment for every user in the ecology.

Blubber Dao triangle governance realizes complete

Blubber DAO is run by volunteers in a decentralized ecosystem, using blockchain technology to build an increasingly decentralized financial autonomous ecological governance and community. Blubber improves the external scalability shortcomings of the original decentralized financial system by combining various external platforms and financial services as well as the Blubber and Spoke (B&S) system.

The components of the DAO Tension Triangle are:

Decentralization (Loyalty)

In the context of a DAO decentralization is not just a technical aim but a political one.

Decentralization becomes a belief system by which members maintain their loyalty to the DAO.Specifically, how many individuals or organizations ultimately participate in the DAO.

The degree of decentralization also differs for every DAO and is governed by their purpose,

capabilities, and costs of participation.

Individual (Exit)

A person who believes in rights and power for the individual. The individual is often someone whobelieves in self- governance and the greater good but wants individual rights to be upheld, and who is willing to do things for his/her self. The definition can also extend to include registered or unregistered corporations that operate under the jurisdiction of their lands and are legally treated and defined as individuals.

Governance (Voice)

Governance rules relate to organization legal structure, operations, purpose, membership, onchain and off-chain voting, and all facets that enable its existence and dismantling.

Aragon powering Blubber Dao

Blubber DAO will combine with Aragon to create a decentralized arbitration mechanism to improve the efficiency of organization and coordination. The general organization and coordination relationship is resolved through smart contracts in the Blubber project; and for those disputes and disputes that cannot be written into smart contracts, Blubber will set up a dedicated decentralized court to provide arbitration services for them. Users holding BD participate in the arbitration process according to the rules, have the right to vote, and set up corresponding incentive mechanisms to ensure the voting participation rate.

As a dark horse in decentralized finance, Blubber Dao penetrates the Dao’s concepts of “openness”, “autonomy” and “autonomy” into defi products such as cross chain asset pledge, lending and asset allocation. Officially, Blubber Dao will soon launch the defi function and launch landing 1.0. It is reported that in the future, it will also develop a unique WiFi aggregator to provide multiple choices and reduce barriers for ecological users to enter the WiFi market, so as to provide convenience for investors.