Cult DAOPrice(CULT)
Details Cult DAO (CULT) Price information (USD)
The current real-time price of CULT is $0.0{6}9105. In the past 24 hours, CULT has traded between $0.0{6}9011 and $0.0{6}9553, showing strong market activity. The all-time high of CULT is $0.0{4}7459, and the all-time low is $0.0{6}1479.
From a short-term perspective, the price change of CULT over the past 1 hour is
Cult DAO (CULT) Market Information
Cult DAO (CULT) Today's Price
The live price of CULT today is $0.0{6}9105, with a current market cap of $3.587M. The 24-hour trading volume is 62K. The price of CULT to USD is updated in real time.
Cult DAO (CULT) Price History (USD)
What is CULT DAO (CULT)?
When is the right time to buy CULT? Should I buy or sell CULT now?
Before deciding whether to buy or sell CULT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CULT technical analysis can provide you with trading references.
Future price trend of CULT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CULT.
How much will CULT be worth tomorrow, next week, or next month in ? What about your CULT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CULT Price Prediction
How to buy CULT DAO (CULT)
Convert CULT to local currency
CULT Resources
To learn more about CULT, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x2d77...32daf1  | 1.677T | 34.32% |
ethereum | 0x5281...97efe6 | 940.032B | 19.23% |
ethereum | 0xdba6...c25caf | 131.732B | 2.7% |
ethereum | 0xdead...942069 | 118.498B | 2.42% |
ethereum | 0xd167...3c6cd0 | 112.184B | 2.3% |
Other | 1.907T | 39.03% |
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CULT DAO (CULT) FAQ
What is Cult DAO and what is its primary mission?
Cult DAO is a decentralized autonomous organization (DAO) that functions as a decentralized venture capital fund. Its primary mission is to fund and support Web3 projects that challenge centralized financial systems and promote the advancement of decentralization. By utilizing a community-governed treasury, the project aims to provide resources to technologies that seek to "break the chains" of traditional, centralized finance.
What are the differences between the CULT and dCULT tokens?
CULT is the ecosystem's liquid, tradable token used for transactions, with each trade contributing a 0.4% tax to the DAO treasury. dCULT is the "proof-of-stake" version of the token. Users receive dCULT by staking their CULT tokens. Holding dCULT is required for participating in governance, allowing users to vote on funding proposals and earn rewards distributed from the returns of projects funded by the DAO.
How does the 0.4% transaction tax and funding process work?
A 0.4% tax is collected on every buy and sell transaction of CULT. These funds accumulate in the DAO treasury until they reach a value equivalent to 15.5 ETH. Once this threshold is met, a funding event is triggered automatically: 13 ETH is allocated to a project approved by the community, while the remaining 2.5 ETH worth of CULT is permanently burned to reduce the total supply.
How does the governance system involving 'Guardians' and 'The Many' operate?
The governance model is designed to ensure decentralization and prevent corruption. 'The Guardians' are the top 50 dCULT holders who are responsible for submitting funding proposals to the DAO; however, they are strictly forbidden from voting on them. 'The Many' includes all other dCULT holders who are not in the top 50. They hold the exclusive right to vote on whether a proposal is approved or rejected.
Why is the CULT token described as hyper-deflationary?
CULT employs a dual-burn mechanism to consistently reduce its circulating supply. First, a portion of the tokens is burned every time the treasury triggers a funding event for a new project. Second, when funded projects return capital to the DAO, 50% of the returned CULT is burned, while the other 50% is redistributed to dCULT stakers. This ensures that the supply is constantly decreasing as the ecosystem grows.
What criteria must a project meet to receive funding from Cult DAO?
To be eligible for funding, project proposals must align with the DAO's core principles of decentralization. Specifically, proposals must demonstrate that they fight against centralization, further the cause of decentralization, and provide a direct benefit to a noble cause. These requirements ensure that the DAO's resources are dedicated to initiatives that support the broader mission of financial sovereignty and Web3 innovation.
