Introduction

What is KARMA? Karma is a decentralized reserve currency protocol built on Avalanche Network. Originally KarmaDAO was an OHM fork, which was then migrated to an auto staking protocol. Each KDAO token is backed by a basket of assets (e.g. MIM,AVAX) in the KARMA treasury and collateral pool, giving it an intrinsic value that it cannot fall below. Also, protocol introduces unique economic and game-theoretic dynamics into the market through staking and bonding as well as a Lotto inspired Game UI that will bring our DAO closer to the metaverse.