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- Crescent DAO
Description
Crescent DAO is a DeFi project aimed at developing and popularizing synthetic tokens for multiple L1 Ecosystems. Imagine having exposure to the price of GLMR token without actually owning it.
With Crescent DAO, we introduce a decentralized solution by adopting a partial collateralized design, where synthetic tokens are partially backed by a L1 token and partially by our native token.
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