What exactly is a galleon (Doubloon DBL)?

Galleon or Doubloon is a guild that manages assets. It has recently become very popular on TikTok and is gaining traction globally. This guild is comprised of like-minded strategy methodologists who conduct research, design, and manufacture best-in-class structured products.

What is the procedure?

Galleon's mission is to develop, scale, and maintain world-class, decentralized on-chain structured goods. They are attempting to invest and profit from the cryptocurrency market with a single click. As a result, they've created investment themes and strategies that appeal to both retail and DeFi clients. Galleon is classified as a DAO. This means that the community has complete control over the ecosystem through the use of their native token Doubloon (DBL).

Galleon DAO is a collaborative effort of like-minded strategic methodologists to conduct research, design, and manufacture best-in-class structured goods. These items are sold through DAO-owned apps and ecosystem partners (SetSwap). Galleon-marketed goods generate revenue streams that the DAO can use to fund future projects, contributors, and items. Furthermore, the community owns and controls these items through the use of Doubloon (DBL).

What happens when the community proposes initiatives that are incompatible with Galleon? Instead of abandoning it, Galleon transforms it into a "Voyage." Galleon's extension initiatives are known as Voyages. It is a separate workstream that has nothing to do with their primary goal of developing structured goods. Instead, Voyages diversifies their revenue and treasury, which benefits DBL tokenomics directly. It also aids in the exploration of market opportunities and the development of a vibrant, long-term aligned community.

Doubloon's Recent Price and Performance (DBL)

Doubloon, or DBL, is the ecosystem's governance and utility token. Token holders play a critical role in ensuring the smooth operation of the entire ecosystem. They have the ability to vote on major platform changes.

Their current market price is $0.04568 per unit. They have a market capitalization of $969,371 and a fully diluted market capitalization of $4,466,776. It also has a $44,903 24-hour trading volume.

How to Purchase Doubloon (DBL)

Follow these steps to purchase Doubloon (DBL) on MEXC:

1. Log in to your MEXC account and then select [Trade]. Select [Spot].
2. To see the available trading pairs, type "DBL" into the search bar. Consider the DBL/USDT pair.
3. Scroll all the way down to the [Spot] box. Enter the quantity of DBL you wish to purchase. You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To confirm your order, click [Buy DBL]. The purchased DBL will be stored in your Spot Wallet.