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IQ is now on Curve with Incentives
Fri Dec 08 2023
The IQ token now has an incentivized IQ-frxETH pair on Curve, one of the largest decentralized exchanges! Curve users who supply liquidity to the pool earn CRV rewards. Those who stake their LP tokens with Convex can also earn CVX tokens.
Frax Ether is a liquid staking solution with some of the highest yields in the space due to its unique dual token design with frxETH and sfrxETH.
Users can now deposit frxETH & IQ on Curve Finance and stake LP tokens on Convex. There is currently around $250,000 of liquidity in the pool. FrxETH-IQ is a v2 pool which means it contains non-pegged assets. The incentives from the Curve gauges are now live, $CRV holders can vote for emissions for the IQ/frxETH pool.
This new pair is part of BrainDAO’s strategy to increase liquidity for the IQ token on decentralized exchanges. $IQ has over $7,000,000 in liquidity on Fraxswap. The IQ token also has a USDT pair on Binance, the world’s largest cryptocurrency exchange, and a KRW pair on Upbit, South Korea’s largest crypto exchange.
What is frxETH?
FrxETH is a stablecoin pegged to ETH. 1 frxETH always represents 1 ETH, and their quantities in circulation match. When ETH is sent to the frxETHMinter, an equivalent amount of frxETH is minted. Holding frxETH doesn't yield staking rewards and is similar to holding ETH. The frxETH peg defends a 1% range around a 1.00 exchange rate, keeping it between 1.01-.9900 ETH per 1 frxETH.
SfrxETH is a token that is an ERC-4626 compliant vault. It is designed to accrue the staking yield of the Frax ETH validators. The profit generated from Frax Ether validators is distributed to sfrxETH holders.
The BrainDAO treasury currently holds around $7,000,000 in sfrxETH staked earning yield.
About IQ
The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
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Wed May 01 2024
IQ is now on Bitkub, Thailand’s Top Crypto Exchange!
Calling all IQ holders and crypto enthusiasts across Asia! We're thrilled to announce that IQ is officially setting sail for new horizons with a listing on Bitkub, Thailand's #1 licensed cryptocurrency exchange! IQ now has a Thai Baht fiat pair making it easier than ever for anyone in Thailand to get IQ. This comes as part of IQ’s larger Asia expansion strategy. IQ has been listed on Binance, the world’s largest exchange, as well as South Korea’s largest exchanges, Bithumb and Upbit. IQ was also recently listed by CoinDCX, India’s largest cryptocurrency exchange.
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Sat Apr 13 2024
BrainDAO is hiring AI Developers
BrainDAO is hiring AI developers to grow the ecosystem of AI products built around the IQ token. BrainDAO governs the IQ token and its dapps which include IQ.wiki, the world’s largest blockchain encyclopedia, IQGPT.com, the leading AI assistant for crypto knowledge, and IQ.social, an AI-powered social forum for crypto.
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Tue Mar 26 2024
The BrainDAO Treasury reaches $40 million!
The BrainDAO treasury now has over $40 Million in assets. BrainDAO’s strategic investments have allowed the DAO to sustainably grow the IQ ecosystem by launching new products such as IQGPT.com, IQ.social, and IQ.wiki Korea. BrainDAO is also building IQCode.ai, the first AI model for smart contracts. IQ Code is designed to audit code for vulnerabilities helping solve what Vitalik Buterin has called Ethereum's biggest technical risk.
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