It appears that the year 2021 was a productive one for SW DAO. In Q4 2021 they distributed $75,000 in dividends to token holders, and as well generated a profit of $600,000 for the MarketPeak community.
These are goals that SW DAO had achieved shortly after the late October launch of their token SWD.
As 2021 ended, the platform has made other plans for 2022. In the first phase of their roadmap, SW DAO concentrates on two key areas for development.
It will start with the release of the dApp 2.0 and the development on Polygon and BSC, with a commencement date of February 1st. They also intend to touch many additional items on their roadmap once they have completed what they had in mind.
More about dApp, Polygon, and BSC deployment
Firstly, they are seeking to launch dApp version 2.0, which will occur on February 1st and will solve all the concerns that users had following their Beta release. The platform developers are working tirelessly to eliminate bugs and provide a seamless user experience. The launch will include an effective digital marketing campaign and a fantastic first-day experience for all users.
When it comes to Polygon development, the transition to Ethereum layer two will give a fast and low-fee transaction method for all their products and services without sacrificing any of the decentralization that Ethereum has to offer. This is a solution where everyone benefits because members will spend less on entry and exit costs, and the platform’s treasury will spend less on product rebalancing fees.
Finally, when it comes to Binance Smart Chain deployment, SW DAO will focus on adding their services to this cheap and low-friction protocol-where users likely care less about decentralization concerns in exchange for speed and cost. They believe that bridging their products and services to BSC will open the SW DAO product line to a completely different user base than the existing ETH user base.
Advertising their BSC bridge will enhance their TVL and community growth due to the consumer’s greater ease of access to their tokenized products. SW Dao’s team expects that consumers will be able to spend as little as $10 on their products without any trouble or hefty fees by the end of the first quarter.
What are the plans for 2022?
In brief, the plans for 2022 will begin by leveraging their record of accomplishment of performance among diverse passive income and investment communities by investing treasury funds in paid advertising. SW DAO will onboard key opinion leaders and leading social media content providers who share their passion for assisting the retail investing community.
This year, they want to pursue rapid TVL expansion through tokenized products, a more extensive governance community base, a further shift toward decentralization of company structure, and continued market outperformance through top-ranked trading strategies.
This year’s roadmap will also include the following points:
- DeFi Momentum Index (DMI) Launch;
- Tokenized Investment Strategies;
- SWD Launchpad Offering;
- Yield Fund Product Partnership;
- Algo Execution Engine;
- Marketing campaign;
- Formation of working groups;
- Buildout of active trading Arm;
- Buy the Dip tokens;
- Mobile App;
- Exchange listings;
- Avax other EVM chain deployments;
- Solana/Luna development;
- DEX options market;
- OTC desk.
Final conclusion
SW DAO began its journey in 2016 when its co-founders had the opportunity to meet at the LMU University in Munich. With various academic fields in their educational background, they decided that this is the ideal approach to build SW DAO, which will unite them and form a powerful team.
Since then, they have built a fantastic team and established SW DAO, which provides various strategic DeFi investment solutions that deploy capital using Machine Learning and quantitative approaches.