Romedao Review 2026: Gamified DAO Fork on Moonriver

Romedao is a DAO and staking project that launched on Moonriver, the EVM-compatible parachain of Kusama. Its pitch was to make governance fun by gamifying DeFi, with a native token called ROME and a staked version called sROME.

Governance was divided among five houses: CHAOS, GRAPES, SEMPRONIA, KEK and CONSULs. Each was designed as a separate DAO with its own rules and goals, with House of CONSULs acting as the more traditional governance body.

The project now looks inactive. One token data page reports its website has been offline since 25 December 2025. Price pages list ROME at about 5.43 US dollars with a market cap under 800 thousand dollars, a circulating supply of about 146 thousand tokens and no meaningful trading volume. The team, audits and treasury details are not published in the material reviewed.

Romedao followed the staking-and-rebase pattern popularised by OlympusDAO, and a video in public reporting describes it as a fork. Users hold ROME, stake it, and receive sROME at a 1:1 ratio. Rewards arrive as a rebase, which increases the sROME balance over time rather than paying a separate token.

On top of the staking token, the project set up five sub-DAOs, called houses, each meant to behave as its own DAO. House of CONSULs focused on governance, economic policy and community. The stated aim was to make governance more engaging by turning DeFi participation into a game, which the project described as an APY-driven role-playing concept.

The network is Moonriver, an EVM-compatible parachain on Kusama. That means standard Ethereum-style wallets and contracts work, but liquidity and users are far smaller than on major chains. Any advertised yield depended on the rebase design and market demand for ROME, not a guaranteed return.

Romedao does not publish a fee schedule in the material reviewed. Costs would include Moonriver network gas, any swap fees on the DEX used to buy or sell ROME, and whatever protocol-level mechanics applied to staking.

The rewards calculator asked users to enter their own APY and rebase assumptions rather than showing fixed fees. Anyone interacting with the contracts would see exact costs in their wallet before confirming a transaction.

No audit reports, team identities or treasury disclosures appear in the material reviewed, so smart-contract risk and counterparty risk cannot be assessed. The reported offline website also means users may lack official guidance, updates or working front ends.

Tokens of this type depend on continuing demand, and near-zero trading volume makes exits difficult. Fake or look-alike contracts are a common risk for abandoned projects, so verify any address on a block explorer. Regulatory status is not stated. No hack is reported in the material reviewed.

Romedao is mainly of interest to people studying early rebase-token and DAO experiments on Moonriver, or holders who already have ROME and want to understand what it was. It is not suited to newcomers seeking an actively maintained, audited place to earn yield.