Umoja Circle | A DAO for Defi Investments
Project Manifesto
Introduction
Umoja Circle is a blockchian based, member owned investment platform where members join with crypto, can propose, seek funding and vote on investment/trading strategies from pooled resources. Members also propose investment ideas, vote on them and smart contracts execute these and payments are paid via smart contracts. A govenance token is used for all member activity.
🌟 Key Features
- Stablecoin Onboarding - Members join the platform by depositing stablecoins like USDT or USDC into smart contracts.
- Member-Owned - Users own governance tokens that represent their stake and voting power in the DAO.
- Governance Token - A native token enables voting, rewards participation, and represents ownership in the platform.
- Investment Proposals - Members submit, discuss, and vote on community-led investment ideas.
- Smart Contract Execution - Approved proposals are automatically executed and managed by secure smart contracts.
- Profit Sharing - Returns from investments and interest are distributed fairly to members based on token holdings.
- Transparent Treasury - All transactions and fund flows are publicly viewable on-chain.
- Voting & Governance - Members use tokens to vote on rules, interest rates, and key protocol decisions.
🛠Tech Stack
- Frontend: React, Tailwind CSS
- Backend: Nodejs, Express.js
- Database & Authentication: Postgres, Supabase
🚀 Roadmap & Development
Umoja Circle is still in its early development phase, and we have an ambitious roadmap ahead. You can follow our progress here:
🔗 Project Website
🔗 GitHub Repository
🎯 Vision & Goals
The goals of this project are to:
- Democratize DeFi Investments: Make it easy for anyone to participate in DeFi opportunities, regardless of their technical background.
- Empower Communities: Enable collective decision-making and shared ownership of investment strategies.