Galleon or Doubloon (DBL/USDT – Trade it here) is an asset management guild. It is recently very popular on TikTok and is gaining traction worldwide. This guild is a group of like-minded strategy methodologists who research, design and create best-in-class structured products. Basic information for their token is available on the MEXC Digital asset introduction page.
How Does it Work?
Galleon’s goal is to create, expand, and upkeep world-class, decentralized on-chain structured goods. They are trying to invest and take advantage of the upside of the crypto market with one click. Therefore, they have developed investment themes and methods that appeal to both retail and DeFi clients. Galleon is a DAO. This means that the community has full control over the ecosystem using their native token Doubloon (DBL).
Galleon DAO is a group of like-minded strategic methodologists coming together to conduct research, design, and produce best-in-class structured goods. These goods are sold through certain ecosystem partners and DAO-owned apps (SetSwap). Galleon-marketed goods then generate income streams that the DAO may use to support upcoming projects, contributors, and items. Additionally, the community owns and controls these items using Doubloon (DBL).
What happens when the community suggested initiatives that do not align with Galleon? Instead of forsaking it, Galleon turns it into a “Voyage”. Voyages are Galleon’s extension initiatives. It is an independent workstream that does not contribute to their primary goal of developing structured goods. Instead, Voyages diversify their revenue and treasury, directly benefiting DBL tokenomics. It also helps to explore the market for opportunities, building a vibrant, long-term aligned community.
Recent Price & Performance of Doubloon (DBL)
Doubloon or DBL is the governance and utility token for the ecosystem. Token holders play a huge role in sustaining the smooth running of the entire ecosystem. They can vote on implementing key changes to the platform.
Currently, their market price is $0.04568 per unit. They have a market cap of $969,371 and a fully diluted market cap of $4,466,776. It also has a 24-hour trading volume of $44,903. You can check the live price of their token right here!
How to buy Doubloon (DBL)
You can buy Doubloon (DBL) on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “DBL” using the search bar to see the available trading pairs. Take DBL/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of DBL you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy DBL] to confirm your order. You will find the purchased DBL in your Spot Wallet.
You can find a detailed guide on how to buy DBL token here.
Keep Yourself Updated With The Crypto Trend
Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!
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