ASKO

In addition to managing the application, ASKO also curates the rASKO money markets. rASKOs are self-sustaining DeFi interconnected ecosystems that include loan and credit services with tiered risk management and reward pools.Credit pools are provided to us by the decentralized AskoLend protocol, where lenders are free to choose how they want the pool, with high or low risk.Over time, ASKO DAO intends to consistently produce exciting and profitable dApps, portion of the fees are distributed to ASKO DAO stakers and the ASKO DAO development fund in order to continue development and innovation. ASKO DAO’s platforms, like ASKOLend and rASKO Money Market, are expected to be complex, challenging to produce, and shrewd in their capacity to challenge the status quo of current markets or offer solutions to untapped markets.

Market capitalization: $2096684

Trading volume: $88183

Absolute maximum: $0.433345

Absolute minimum: $0.00293435

At the heart of the money market is "ASKOLend" a unique non-custodial borrow & lend multi-chain platform that was originally forked from the Compound protocol but then substantially modified to include automated risk management features, allowing for a broad range of crypto assets to be offered for borrowing and lending. We refer to it as "Compound on Steroids"

The rASKO money market has an unmatched level of utility for its user, it is designed to accommodate a diverse range of lender and borrower use cases while offering tiered risk lending and automated liquidation tools. Any user can become a lender and borrower, create a money market for their favorite token or simply participate in existing money market assets already offered on the platform.

What makes rASKO Money Market unique are the many ways users can earn by participating in the rASKO "Risk Token Swap", rASKO "LP Token Farms", rASKO "Borrowers' Rewards Pool" and rASKO "Cohort Farm", which provide money market participants opportunities to borrow, lend, earn yields, receive fees, off-set borrowing costs and earn rewards.

rASKO on BSC is a (BEP20) utility token that drives the rASKO Money Market while supporting a deflationary token economy with monthly burn and buyback. rASKO token has a fixed supply of 1 billion, which is to be released organically in stages to the market over time through; cohort farming, earned rewards, borrower rewards and lender's APR.