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Breadchain Cooperative news
About Breadchain Cooperative
The Breadchain Cooperative builds Solidarity Primitives - development tools which help to forge solidarity between individuals and collectives. The first solidarity primitive created by the Breadchain Cooperative is the BREAD community token found on the Bread Crowdstaking Application.
The Crowdstaking Application is a smart contract on Gnosis Chain that accepts a user’s xDAI and turns it into sDAI. In exchange, stakers receive BREAD tokens, minted at a 1-to-1 ratio with the collateralized xDAI.
All of the interest earned on the sDAI is helps fund the collective and its various member projects based on a monthly vote from BREAD holders. The Crowdstaking Application functions as a fundraising engine for the Breadchain Cooperative, while the $BREAD token acts as a local currency within the ecosystem, promoting financial sustainability.
The live Breadchain Cooperative price today is $0.999001 USD with a 24-hour trading volume of not available. We update our BREAD to USD price in real-time. Breadchain Cooperative has no change in the last 24 hours. The current CoinMarketCap ranking is #9658, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Breadchain Cooperative at the current rate, the top cryptocurrency exchange for trading in Breadchain Cooperative stock is currently Curve (Gnosis). You can find others listed on our crypto exchanges page.