AladdinDAO PriceALD

What is AladdinDAO (ALD)?

AladdinDAO (ALD) is a crypto-native decentralized incubator and builder of DeFi protocols. The project describes itself as a decentralized network that uses collective value discovery to shift crypto investments from venture capitalists to the wisdom of the community. Its stated mission is to build the future infrastructure of the financial world, with an official tagline of building secure and decentralized freedom with a touch of magic.

At its core, AladdinDAO operates as a decentralized autonomous organization focused on developing DeFi protocols, specializing in yield farming optimization and automated investment strategies. The network is powered by the ALD token, an ERC-20 asset deployed on Ethereum. The project's official product suite includes f(x) Protocol, AladdinDAO v2 | Concentrator, and CLever, all of which are described as audited and verified.

From a tokenomics perspective, ALD has a maximum supply of 149,991,806 ALD (149.99M). CoinGecko describes its total supply figure as on-chain supply minus burned tokens. According to CoinMarketCap Academy, a total of 999,978,240 ALD tokens are referenced in the broader emission design, with 699,978,240 ALD intended to be mined over roughly four years across 10,400,000 blocks. The project has been active since 2021; its CMC listing date is 2021-06-03 and its trade launch date is 10 Sep 2021.

Key Specifications & Tokenomics

• Name: AladdinDAO
• Ticker / Symbol: ALD
• Blockchain / Token Standard: ERC-20
• Token Contract Address: 0xb26c4b3ca601136daf98593feaeff9e0ca702a8d
• Category: DAO
• Max Supply: 149,991,806 ALD (149.99M)
• Total Supply: 149,991,806.3910929 ALD
• Circulating Supply: 149,828,703 ALD
• Trade Launch Date: 10 Sep 2021
• Official Website: https://aladdin.club/
• Official X (Twitter): https://x.com/aladdindao
• GitHub: https://github.com/AladdinDAO

Who created AladdinDAO?

AladdinDAO is a DAO and does not disclose a traditional founding team structure; governance is carried out by ALD holders who elect boule members. ALD's trade launch date is 10 Sep 2021, per the reference materials.

The reference materials do not list disclosed institutional investors for AladdinDAO. The project positions itself as a community-led initiative. The project's source code is hosted at github.com/AladdinDAO.

How does AladdinDAO work?

AladdinDAO is composed of a team of committee members known as DeFi's first boule. Boule members are proposed by talent hunters and chosen by ALD token holders through a decentralized governance protocol. The project operates as a social experiment in which boule members strive to provide the community with the finest DeFi yields.

When boule members identify projects that generate significant revenues for AladdinDAO's yield farmers, they are rewarded proportionally to the profit that their shortlisted DeFi projects produce. Rewards are calculated on a per-epoch basis and originate from ALD tokens created by the protocol's liquidity mining software. This design ensures that boule members are continuously motivated to seek new excellent projects rather than resting on the profits of previous findings.

Yield farmers may contribute any amount they desire to vetted DeFi initiatives while still earning liquidity mining incentives. The platform allows anyone to establish a reputation in the community based on their on-chain track record and to excel as a talent hunter, yield farmer, or boule member. The ecosystem comprises five major roles: talent hunters, members of the boule, members of boule plus, developers of strategies, and members of the DAO.

What makes AladdinDAO unique and valuable?

AladdinDAO is described as the first crypto social experiment in which anybody can participate and demonstrate to the community that they are among the finest and brightest minds in DeFi. Participants establish their own reputation and proven record and are directly compensated for it. Signing up does not require job contracts, college degrees, or IQ exams.

The project's value proposition centers on reducing information asymmetry in the DeFi sector. The AladdinDAO Boule, a group of international specialists in DeFi, evaluates the most promising DeFi projects and allows community members to benefit from their crypto investment expertise. This methodology may aid in the general reduction of information asymmetry and improve asset allocation in the DeFi sector.

AladdinDAO explicitly states that it was not designed to promote get-rich-quick scams, rug-pulling, or short-term thinking. The project claims to be a group of long-term thinkers and researchers who bring together the brightest brains to find outstanding initiatives that benefit the community. Those who maintain good work are recognized for achievements in new project discovery, research and analysis, decision-making and management, and community-building, while those who act dishonestly are expelled from the project.

What is AladdinDAO used for?

The ALD token serves as the primary incentive and governance asset within the AladdinDAO ecosystem. Boule members who participate in the DAO process are rewarded with AladdinDAO tokens. These rewards are calculated on a per-epoch basis and originate from ALD tokens created by the protocol's liquidity mining software.

ALD token holders play a direct role in governance by choosing boule members through a decentralized governance protocol. This gives token holders influence over which DeFi experts are selected to evaluate and recommend projects to the community. The token thus functions as both a reward mechanism for productive participation and a governance instrument for shaping the direction of the network.

AladdinDAO provides a platform for participants to establish a reputation based on their on-chain track record. Yield farmers can contribute assets to vetted DeFi initiatives while earning liquidity mining incentives. Projects seeking funding can list themselves and receive a vote of approval from DeFi big brains. Experts can become big brains in a new DeFi economy and build a reputation based on their track record.

How Is the AladdinDAO ecosystem developing?

The AladdinDAO ecosystem encompasses several products and protocols. The official site lists f(x) Protocol, AladdinDAO v2 | Concentrator, and CLever as audited and verified products. The project's X bio references @protocol_fx with $FXN, @0xC_Lever with $CLEV, @0xconcentrator with $CTR, and $ALD as the ecosystem's token set. The GitHub organization hosts repositories including AladdinDAO/aladdin-v3-contracts, which contains the f(x) 2.0 whitepaper.

f(x) Protocol, documented in March 2024, uses a mechanism that creates two ETH derivative tokens: fETH, a low-beta near-stable token, and a complementary leveraged token. CLever, documented in July 2024, lets users deposit quality tokens into high-yielding collateral strategies and claim future yields in advance.

The ecosystem's total value locked is tracked by third-party data platforms and changes over time. The project maintains an active presence on X (Twitter), Discord, Telegram, and GitHub.

The ecosystem is structured around audience segments defined on the official site: yield farmers who can deploy assets and get rewarded from participating in the future of finance, DeFi protocols that can list projects and get a vote of approval by DeFi big brains, and big brains who can become experts in a new DeFi economy and build a reputation based on track record. The project has been active since 2021 and continues to develop its product suite.

How to mine AladdinDAO?

ALD tokens are created through the protocol's liquidity mining software. According to CoinMarketCap Academy, 699,978,240 ALD will be mined over approximately four years across 10,400,000 blocks. Rewards for boule members are calculated on a per-epoch basis and originate from these liquidity mining emissions.

Yield farmers may contribute any amount they desire to vetted DeFi initiatives while earning liquidity mining incentives. The mining mechanism is designed to ensure that boule members continuously seek new excellent projects rather than relying on the profits of previous findings. This creates an ongoing incentive structure tied to the protocol's emission schedule.

On-chain transaction and holder counts for ALD can be verified on Etherscan and change continuously. The total supply on-chain is listed as 149,991,806.3910929 ALD. CoinGecko describes its total supply figure as on-chain supply minus burned tokens, indicating that a portion of the originally mined supply has been burned.

How to keep your AladdinDAO Coin safe?

As an ERC-20 token on Ethereum, ALD can be stored in any wallet that supports the ERC-20 standard. Users should verify the token contract address 0xb26c4b3ca601136daf98593feaeff9e0ca702a8d when adding ALD to a wallet to avoid interacting with counterfeit tokens. Hardware wallets provide an additional layer of security for long-term holdings.

Users should verify the official website and contract address before interacting with ALD.

Crypto assets are highly volatile and prices can move sharply in either direction; always do your own research. Best practices for keeping ALD safe include using official links listed on the project's website and verified social channels, avoiding unsolicited offers, and maintaining control of private keys at all times.