The LAO Unveils Institutional Neptune DAO to Foster DeFi Liquidity

Share Article
In Brief
The Trust Project is an international consortium of news organizations building standards of transparency.

A new institutional-standard decentralized autonomous organization has been developed with a focus on providing DeFi and blockchain projects with much needed liquidity.

The LAO (Limited Liability Autonomous Organization) is OpenLaw’s for-profit DAO. Announced in September 2019, the LAO is used to fund Ethereum startups and DeFi protocols.

It’s been working on over 40 projects. It develops regulatory and legally compliant DAOs acting as a bridge between traditional legal regimes and the Ethereum world.

Neptune DAO acts as an extension of the LAO by leveraging the knowledge, expertise, and backgrounds of its members. This is to ensure DeFi protocols get the support they need, the announcement added.

The Accredited Neptune Collective

The new Neptune DAO will identify and provide opportunities for liquidity pools and liquidity providers. Members of Neptune can pool their capital and identify which projects to support and what investment strategies to engage in.

Members will be able to propose and vote on any strategies through the DAO’s governance protocols. If approved, the strategy will be executed by Sam Cassatt, former CSO of ConsenSys, and his newly formed Aligned Capital.

Membership to the institutional-grade Neptune DAO enables members to vet and identify emerging opportunities in the DeFi space. Beyond that, they can mutualize gas costs, and save time when it comes to staking, claiming, and re-staking assets.

Neptune DAO will launch publicly on April 2 and will stay open until 70 members join. However, existing members of The LAO and its NFTfocused FlamingoDAO can make contributions beforehand. Membership does not come cheap and will cost a “contribution” between $107,000 and $960,000 at current ETH prices.

“Each member will have the opportunity to contribute 60 ether to receive 100,000 units in Neptune. Up to 900,000 units or 540 ether per member.”

Institutional DeFi Arrives

The product provides an ecosystem for institutional investors by allowing them to vote on the DeFi projects that they want to invest in. The announcement concluded:

“DeFi has taken many members of the Ethereum ecosystem to new stratospheres. But, the quest to rebuild the commercial world is just beginning.”

It’s a testament to how much and how quickly the DeFi sector has grown over the past year. We’ve gone from DeFi farmers pumping and dumping tokens to ETH whales collaborating on the best yield generating opportunities in the fledgling financial landscape.


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Share Article

Martin has been covering the latest developments on cyber security and infotech for two decades. He has previous trading experience and has been actively covering the blockchain and crypto industry since 2017.

Follow Author

Unlock Next-Level Trading Experience — Earn up to 8.88% APY      


Unlock next-level trading on Bybit with your favorite metaverse      


Buy your first NFT on Bybit and earn up to 20,000 USDT.      

Start Now!