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Adadao

Adadao

Stablecoin Protocol built on Cardano. A DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets.

Features:

- Decentralized Protocol - Completely trustless protocol based on Smart Contracts;

- Interest Free - First stablecoin project based on interest free borrowing;

- Built on Cardano - Bringing volatility free, mobile and accessible stablecoin on Cardano;

- Verifiably Asset Backed - Every AUSD is backed by onchain collateral.

The AUSD stable coin is a soft-pegged cryptocurrency, decentralized, unbiased, collateral-backed, which can be stored in wallets or used on platforms.

The ADAO token is the utility and governance token of the ADADAO ecosystem which rewards holders with profits from ADADAO and allows those who hold it to vote on changes to the project’s parameters.

Adadao Vaults

Create and collateralize a vault

Generate AUSD from the Collateralized Vault

Pay down the Debt and the Stability Fee

Withdraw Collateral

Timeline

Further Resources

Title
Author
Link
Type
Date

Ada Dao Can Make Future Millionaires In A Market Crash (GET EARLY)

Web

February 13, 2022

ADADAO - DeFi Protocol on Cardano Blockchain! MASSIVE POTENTIAL!

Web

February 10, 2022

AdaDao IDO StableCoin Protocol On Cadarno Coming Soon

Web

March 8, 2022

ADADAO TOKEN? IS IT ADA DAO TOKEN SCAM OR LEGIT? MUST WATCH§

Web

March 24, 2022

All about Adadao. #adadao

Web

February 4, 2022

References

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