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Aera - Private
Overview
About Aera - Private
Aera, the world's first autonomous treasury management protocol for Decentralized Autonomous Organizations (DAOs), today announced its official general availability launch and the closing of an $8 million token sale, led by Bain Capital Crypto. The pre-launch funds generated from the token purchase will be used exclusively for development and maintenance of the Aera protocol.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 16 | -- | ||
| Fund | Unknown | -- | 79 | -- |
Founders & Team
Tarun Chitra
Company Profile / Project Introduction
Aera is the world's first autonomous, data-driven treasury management protocol. To align treasury management incentives in a decentralized way, we need to reward profitable decisions and penalize decision-making that results in losses. Aera achieves this by having decision-makers put their money on the line and grading them on how well they achieve protocol objectives. Every rebalancing proposal in Aera requires funds at stake, and the results create a public track record for participants.