Moola Market MOO

Moola Market is a mobile money market protocol that aims to democratize access to yield on the Celo network. It allows users to easily access Moola markets to earn yield on their assets. The protocol has recently introduced the Moola Market DAO, which aims to decentralize control of Moola Market by transferring governance ownership to MOO owners. This shift in governance ownership is expected to take place on September 22, 2022.

Moola Market is unique compared to other cryptocurrencies because of its mission to democratize access to credit and yield. It aims to provide easy and inclusive access to decentralized finance (DeFi) services. Additionally, Moola has a properly incentivized governance system through its cERC20 token called MOO. This token helps coordinate governance decision-making and incentivizes behavior that benefits the Moola ecosystem. Moola also emphasizes user feedback and iteration to find product-market fit, recognizing the fast-paced nature of the DeFi space.