IDRISSPrice

(IDRISS)

IDRISS is an "AI-Crypto extension pack" designed for web browsers to bridge the gap between social media and decentralized finance. It simplifies Web3 interactions by enabling features like crypto micropayments on social platforms using identifiers such as email or social media handles. Additionally, it provides a "trading copilot" that offers on-chain insights and DAO vote alerts directly within the browsing experience, making blockchain technology more accessible for everyday users.

The IDRISS token serves as the core governance and utility asset for the ecosystem. Token holders can participate in the IDRISS DAO through "Optimistic Governance," allowing them to vote on protocol changes and strategic decisions. Furthermore, holders are eligible to receive a share of protocol revenue, which is planned for implementation in 2025. The token is also used as an incentive to reward contributors who help grow and maintain the platform’s decentralized infrastructure.

Users can lock their IDRISS tokens within the protocol to participate in the staking ecosystem. Upon locking tokens, users receive veIDRISS (vote-escrowed IDRISS), which represents their voting power and determines their share of the generated yield. Staking rewards are often influenced by a multiplier based on the chosen lock duration. While flexible staking options exist, choosing a specific lock period—such as six months or a year—increases the potential rewards but makes the staked funds illiquid until the duration expires.

Creators on platforms like Twitch and YouTube can link their social profiles to a secure, self-custodial IDRISS wallet. This enables fans to send cryptocurrency donations directly using the creator's email or social media handle. IDRISS simplifies this process by removing the need for long, complex wallet addresses. A small fixed fee of 1% is typically applied to these donations to support the DAO treasury. Creators maintain full control over their funds, as they hold the private keys and can export their wallet to other Web3 providers at any time.

The total supply of IDRISS is capped at 1 billion tokens. The distribution is designed to ensure community ownership and long-term sustainability. The DAO Treasury holds 50% of the supply, while 20% was allocated for retroactive airdrops to early contributors and partner communities. Another 20% is reserved for the team, subject to a three-year vesting schedule with a one-year cliff. The remaining 10% is split equally between the public sale and liquidity provisions to ensure a healthy ecosystem.

IDRISS primarily operates on the Base network and the broader Ethereum Superchain ecosystem. The project’s smart contracts have undergone audits by security firms to ensure safety, though users are reminded of the inherent risks associated with decentralized finance. To manage or convert rewards into local currency, users can transfer their assets from their IDRISS wallet to a centralized exchange, such as LBank, where tokens can be traded or managed alongside other digital assets.