Description
HAI DAMO is a DAO-governed asset management organization that builds decentralized investment vehicles (DIVs) leveraging idle LP tokens to create collateral-backed, risk-optimized vehicles, letting users deposit LP tokens to earn additional yield. Its governance token, DAMO, gives holders control over the composition of the on-chain ETF-like products the protocol manages, with an eventual goal of covering different segments of the crypto ecosystem such as bluechip projects, DeFi, NFTs, growth assets, and stablecoins.