What is Dorado?
Dorado is a platform focused on offering a user-friendly platform for efficient staking and restaking on the Arbitrum network. It empowers users to optimize their earnings by providing staking and restaking options for a diverse array of tokens on the Ethereum network, supported by Arbitrum’s high throughput, low transaction fees, and secure layer 2 scaling infrastructure.
Outstanding features of Dorado
- Sophisticated Liquid Staking and Restaking Mechanisms: Dorado leverages advanced liquid staking and restaking mechanisms, providing users with increased yields on their staked assets. Additionally, the platform offers flexibility to adapt staking strategies based on market conditions.
- Arbitrum Optimization: By allowing users to deposit assets directly onto the Arbitrum network for restaking, Dorado minimizes transaction fees associated with staking activities.
- Dual-Token Dynamism: Dorado utilizes a robust tokenomics model centered around two tokens: $DORAG and $DORAB. $DORAG serves as the governance token, enabling holders to participate in platform decision-making. $DORAB functions as the bounty reward token, incentivizing and empowering community members.
- Extensive Partnership Ecosystem: To provide users with access to the most advanced tools and opportunities within the DeFi space, Dorado actively collaborates with a diverse network of DeFi protocols.
- Community-Driven Governance: Dorado transcends the boundaries of a platform by fostering a strong and engaged community. DORA token holders have a direct say in shaping the future direction of the platform through a community-driven governance structure.
Dorado empowers users with a comprehensive suite of customization options for staking parameters, offering a robust toolkit to tailor strategies to individual investment goals and risk tolerance levels.
Staking mechanism
Dorado’s staking mechanism leverages Arbitrum’s innovative rollup technology to efficiently process staking transactions off-chain, providing users with LSDs representing their staked assets and ensuring faster confirmation times and lower fees compared to traditional Ethereum staking platforms
Restaking mechanism
With Dorado restaking mechanism, users can receive Dorado Bounty Tokens (DORAB) for staked LSDs, providing a flexible and efficient process for restaking assets with the integration of Arbitrum’s technology, while also providing opportunities for further utilization and optimization within the broader DeFi ecosystem.
Roadmap
Investors and partners:
Currently, the project has not announced any investors
Company
Dorado is powered by Techpryme LTD from the UK, aims to empower users and redefine DeFi with its advanced staking solutions.
Tokenomics
2 key tokens: DORAB & DORAG
About DORAB
DORAB allocation
- Venture funding: 10%
- Ecosystem Development: 50%
- Liquidity Management: 10%
- Community Incentives: 10%
- Reserve Funds: 20%
DORAB Use cases
- Main ultility
- Transaction
- Reward
About DORAG
DORAG allocation
- Venture funding: 9.5%
- Public offering: 1.5%
- Liquidity Management: 4.0%
- Team: 10%
- Advisory Board: 7%
- Ecosystem Development: 25%
- Community Incentives: 18%
- Reserve Funds: 25%
DORAG Use cases
- Governance Rights
- Dividend Distribution
- Platform Ownership
Summary
We answered your question about what Dorado is and provided information surrounding the project. Let’s learn and evaluate together to make the wisest investment decisions. Wish you luck!!!
Please note that this is not investment advice.
