Ecosystem and Security
Is there any formal audit of the Platform?
Yes, we already did a formal audit of the Platform since we are committed to ensuring that users have maximum confidence in AlgoDAO as we continue this journey to activate a vibrant dApps ecosystem on Algorand. The formal audit was done by the Cyber Unit Tech corporation which is a renowned cybersecurity company that educates both enterprises such as Cisco and governments on how to improve performance, build resilient technical systems, and eliminate vulnerabilities in critical infrastructure. Cyber Unit has delivered the final report of AlgoDAO’s smart contract code audit concluding that AlgoDAO’s smart contracts do not have any security risks nor logical contradictions in the protocol.
Will AlgoDAO be open-source?
AlgoDAO is a community-owned project that subscribes to open-source ideals. The DAO welcomes contributions from all interested participants. To make non-technical contributions, join one of our community channels provided below.
Telegram group: https://t.me/AlgoDAOCommunity
Telegram Announcements: https://t.me/AlgoDAOAnnouncement
Twitter: https://twitter.com/AlgoDAO_fi
Discord: https://discord.gg/algodao
Medium: https://medium.com/@AlgoDAO.fi
Are you already incubating ADAO projects?
AlgoDAO already has several projects in the pipeline and the first set of AlgoPAD projects will commence their IDOs within the next few months.
How do I apply my project for an IDO?
Projects that want to go through AlgoDAO’s incubator can apply for consideration through the community proposal process that starts with due diligence.
Click here to complete the due diligence form.
Click here to begin the application process.
Will AlgoDAO incentivize the community with rewards?
Yes, AlgoDAO Community will be able to earn tokens by liquidity mining, staking, or by our innovative Sigma pool. Community members will be rewarded on a Pro-rata basis.
What are the IDO pool types?
Our Federation for IDO Allocations consists of 5 tiers ranking from lowest to highest:
Ensign
Lieutenant
Vice Admiral
Flagship Commander
Fleet Commander
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