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Cryptocurrencies: 23397
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Market Cap: $$3.17T
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TraDAO is protocol-owned liquidity (POL) that accumulates value through activities such as bonded and automatic double-staking, which are regulated by the Ministry of Finance. The TRADAO protocol will issue a decentralized reserve currency TOD. The concept behind the TOD token is that it is backed by a basket of assets from the Treasury, ensuring that it never falls below its base value of $1. TOD tokens will be issued according to a "mint and burn" mechanism, governed by the TRADAO protocol.