ExtractoDAO is a decentralized finance initiative that seeks to tackle global food insecurity through its novel futures market. The platform aims to build stablecoin COW with each coin backed by a specific amount of bovine feedlot output. ExtractoDAO utilizes a patented technology named DRAWER for its futures contracts, which can be traded on the platform. The DAO's governance token, Bull Token (XBLL), grants users voting power based on its token weight, which signifies the kilograms they represent. The platform charges operational fees and product trading fees to produce new coins and compensate participants while avoiding token blockage in the process.
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