420 DAO, a decentralized autonomous organization that uses its resources to develop the future of the decentralized world, has announced its official launch on Avalanche. Taking place at 4:20PM (UTC) on the 2nd April, 2022, this launch now means that a wider audience has access to 420 DAO?s technology and the decentralized world it supports.
Users will be able to buy and stake tokens directly on the 420 DAO dApp at app.420da.org. Boasting one of the highest yet sustainable staking rates in the industry, 420 DAO?s APY will start at 420,000% then gradually decreasing afterwards. In terms of token supply, there are a total of 420 million tokens that will be released into the market over a 12-year period at least.
The tokenomics of 420 DAO, just like the community itself, is guided by advanced mathematics. The tokens will be released using a double-halving mechanism, which means over its 4 phases of its token issuance, both the quantity of issued tokens as well as the duration of each phase decrease by half compared to the previous one.
The team behind 420 is also made up of experts in mathematics, algorithms, quantitative finance, blockchain, and much more.
All these mean that as various projects and products are rolled out from the 420 DAO ecosystem, there will be a wealth of technical guidance.
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Chart Info
Security scan
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Stats
- Chain
- Avalanche Network
- Launch Date
- Apr 2, 2022
- Date added
- Jun 29, 2022
- Listed by
- Anonymous
- Website
- 420da.org
- X / Twitter
- @420dao_ · 9,063
- Telegram
- dao420_chat · 909
- Market cap rank
- #10,676
- Buy / sell tax
- 0% / 0%
About 420 DAO
Supply
420DAO to USD converter
Indicative only, before fees and slippage.
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How 420 DAO compares on Avalanche Network
Listed on Jun 29, 2022: 45% of the 83 tokens on this chain came after it.
Market cap rank on this chain: #31 of 64.
In Technology: market cap rank #585 of 1,089.
No 24-hour trading volume recorded for a market cap of $2.05K.
420 DAO: common questions
What is the current 420DAO price?
Last recorded price: $0.00001703 (0.00 % over 24 hours). Market cap: $2,050. Last update: 2026-11-12.
What is the 420 DAO contract address on Avalanche Network?
On Avalanche Network: 0xF7dD4D8142c1fA34c64d8c22FcbBa42208cc65eb. Check it against the official channels of the project before any transaction.
What are the official links of 420 DAO?
Website listed: 420da.org. X account: @420dao_. Telegram: dao420_chat.
Is 420 DAO safe?
Contract scan of Nov 1, 2026: No buy or sell tax. The 10 largest wallets hold 100% of the supply. The contract can mint more tokens. Automatic checks cannot prove that a project is safe.
Where can 420DAO be traded?
420DAO can be traded on LFJ.
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