Summon Platform

A comprehensive solution for intuitive DAO creation, on-chain voting, governance & treasury management, access to DeFi utilities and more.

The Summon Platform

A comprehensive solution for intuitive DAO creation, on-chain voting, governance & treasury management, and access to DeFi utilities designed to enable high-functioning DAOs to flourish on Cardano.

The Summon Platform consists of open-source, on-chain (PlutusTx and Plutarch validation) code, off-chain computation code (written with Lucid and the cardano-transaction-lib) and server code that runs on the back-end, hosted by the Summon Platform. The Summon team will take advantage of open-source code being developed by the ADAO Community and other Cardano organizations, contributing to those repositories to advance the ecosystem. Summon will also develop off-chain code that will remain closed source to protect proprietary products, with other code being produced on a delayed, open-source model, as deemed appropriate.

Summon allows for users to create, update, and manage DAOs. It also allows for DAOs to manage other DAOs via a controlling stake, and will continue to operate with the highest possible levels of interoperability. This means that DAOs will not be operating in isolation, but instead can directly interact with Decentralized Finance (DeFi) systems in a variety of contexts, subject to certain criteria predetermined by the DAO. Some of the distinguishing elements of the Summon Platform include the ability to utilize different strategies to collect a return in DeFi, and having these strategies directly implemented into Plutus-Core validators.

Summon DAO Tokens (SUMMON tokens) are the official tokens of the Summon Association and provide several forms of utility.

First, holders of Summon tokens are considered part of the Summon Member Community and are eligible for representation at the Summon Association Assembly according to its Articles of Association. SUMMON tokens serve as a decentralized governance mechanism for the Summon Platform. Utilizing the same tools that the platform offers to others, stakeholders will be given direct governance over specific features and parameters of the platform. This will provide incentive for active interest and utilization of the token by the user community. Through the DAO governance interface, token holders may directly influence development of the platform.

Summon brings the opportunity for average Cardano users to create DAOs around the Agora standard, while operating with high levels of interoperability and capability in decentralized finance on Cardano. For Protocol developers, Summon offers an intuitive interface to implement and parameterize high assurance governance smart contracts on Cardano. It also enables protocol users to easily interact with and participate in governance of the protocol.

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Glossary

Plutus

Plutus is the smart contract platform and language of Cardano and is written in the functional programming language of Haskell. The Plutus platform is used to write and release smart contracts to the Cardano blockchain.

There are multiple tools for learning how to use Plutus to create smart contracts on Cardano. Some of them are official and released by IOHK but many have been made and open sourced by community members.

On-Chain

These are all the on-chain NFTs, and on-chain NFT collections, that currently exist on Cardano. Many people consider on-chain NFTs to be better, or more special, than off-chain NFTs.

In regards to the on-chain vs off-chain NFT argument, the image represented by an off-chain NFT is found by following a link, typically stored on the IPFS, from the NFTs metadata. This can be changed by the person who uploaded it. The image represented by an on-chain NFT is coded into the metadata and is, therefore, immutably coded into the blockchain's history. This is usually, but not always, in the form a language that your browser understands, allowing your browser to interpret that information and display the NFT.

DeFi

Here are all the Cardano DeFi projects complete with descriptions and tags. If you’re looking for a Cardano DeFi exchange, a lending protocol, a launchpad, a Cardano stablecoin, or platforms on which to tokenize real world assets then you’ve come to the right place. The Cardano DeFi ecosystem is maturing and, as it does, we will continue to list the new Cardano DeFi projects here. If you look at Cardano in 5 years this list will be substantially different, some projects will have left it, but many many more will have been added.

If you’re looking to simply swap Cardano native tokens then a Cardano DEX is your best choice. If you’re looking to utilize your crypto holdings for a loan then take a look at all the Cardano lending and borrowing platforms on offer and choose which one fits your needs. There is much more utility in the Cardano DeFi world and we invite you to explore it here!

DAO

If a project on Cardano operates with a DAO that you’ll find it tagged and listed on this page. All of these Cardano DAO projects have, in some form or another, incorporated or plan to incorporate a DAO. Not all of them will be full autonomous and this may be for one of many reasons, be it that features are being released gradually, that they will never actually be a full and proper DAO (and this a debate for another time).

There are specific Cardano DAO projects listed here, and these are those that operate as a full DAO, who’s direction is guided by the votes of its members. Others on here are projects and protocols built on Cardano, and these can take various forms, including: DeFi projects, NFT projects, and gaming projects.

Regarding full Cardano DAO projects, these have been created around many different topics, the most popular being Cardano investment DAOs that invest in Cardano NFTs and tokens. However, there are other DAOs focused around things such as the development of open-sourced tooling, the growth of the DAO idea itself, and art.

The Summon Platform

A comprehensive solution for intuitive DAO creation, on-chain voting, governance & treasury management, and access to DeFi utilities designed to enable high-functioning DAOs to flourish on Cardano.

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