<img height="1" width="1" style="display:none" src="https://q.quora.com/_/ad/f36e97ab990e4ac69c2734d14b05a7cc/pixel?tag=ViewContent&amp;noscript=1">

Blog > Announcements > Articles

Trade SpiderDAO (SPDR) on Liquid Exchange


Table of Contents


We are excited to announce SpiderDAO, the world's first hardware-enabled DAO, is listing its native $SPDR token on Liquid cryptocurrency exchange. The SPDR token is being launched in two trading pairs, SPDR/USDT and SPDR/BTC.

This important milestone marks a huge step forward in the continued growth of the SpiderDAO ecosystem. SPDR is a multi-functional utility token that is at the heart of the SpiderDAO ecosystem, acting as the access key to unlocking all offerings within the ecosystem and granting voting rights in the hardware-enabled DAO. 

Nathan Varty, CEO of SpiderDAO, spoke on the listing saying “today’s achievement is a great leap forward for the SpiderDAO project and is indeed a very special day for all members of our team and the wider community, with our first CEX listing.

Žiga Flis, a co-founder of SpiderDAO, added that “the mechanisms for the SPDR token have been carefully designed to capture the value created through the adoption of our products and services, with the token’s value built to reflect the rapid growth in our ecosystem”.

The listing of SpiderDAO’s token on one of the world’s most comprehensive and secure trading platforms will result in wider availability and vastly improved liquidity for the $SPDR token. Liquid Exchange counts on a $330 million daily volume. Ultimately, this supports the sustainable growth of the SpiderDAO ecosystem as it grows its product suite and expands into new markets. 

About SpiderDAO

Founded in 2020, SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of the Polkadot Network. Its first product utilises the SpiderConnect Router to provide the first provable, open-source and fully decentralized VPN where all user data is encrypted through a multi-layer, secured protocol to ensure that network traffic is fully secured and totally private when leaving or entering the network.

Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn 
Trade now

Share this article

  • Share on Twitter
  • Share on Facebook
  • Share on LinkedIN
  • Share on Telegram
  • Share Link

Related Articles

June 23, 2020

Dash’s InstantSend: Premiering on Liquid...

Liquid and Dash, the leading cryptocurrency for payments, are ready to announce something we’ve been working on behind...
October 28, 2021

 Liquid Acquires Type 1 Financial...

We are pleased to announce that our Japanese subsidiary, QUOINE Corporation, has been registered as a Type I Financial...
February 25, 2020

A Look into Unibright, a Blockchain Solution...

Unibright is a blockchain solutions provider enabling enterprise blockchain integration, tokenization and much more....