The Summon Platform, Advanced New DAO Solution Announces Initial Stake Pool Offering on Cardano

ZUG, SWITZERLAND – (REPORTABLE NEWSWIRE) – July 26, 2022 // The Cardano community’s quickly-growing DAO toolkit dApp, The Summon Platform, today announced the project’s official Initial Stake Pool Offering (ISPO).

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • The Summon Platform’s Initial Stake Pool Offering (ISPO) is a low-risk method for Cardano users to support development of the project.
  • ADA staked to The Summon Platform’s ISPO will earn $SUMMON tokens at a ratio modeled after the proven and equitable Maladex Formula.
  • ISPOs are a novel innovation made possible by Cardano’s ouroborous proof-of-stake architecture.

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Source: Summon

Distributed by: Reportable, Inc.

Source: Digital Journal