
ADADAO ADAOPrice N/A
ADAO Price
General Info
Contracts/Explorers:
ADADAO (ADAO) Chart
IDO
21 Mar 2022 — 21 Mar 2022
Raised
$ 370.00K
Price:
$ 0.038
Tokens For Sale:
9,736,842
Platform:
N/A
ATH ROI:
2.16x +116.3%










What is ADADAO (ADAO)?
ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stablecoins leveraging native Cardano assets. ADADAO functions as a DAO (Decentralized Autonomous Organization).
AUSD is the stablecoin generated using this protocol. ADAO is the utility and governance token which allows users to decide how the protocol functions and also gives them a share of the fees raised through the protocol.
Individuals and service providers who are contracted by ADADAO Governance to deliver specialized services to ADADAO make up DAO teams. ADADAO Governance's adaptability allows the ADADAO community to tailor the DAO team framework to the ecosystem's needs based on real-world performance and developing difficulties.
Two major roles of the DAO team members includes:
- Assisting in financial risk research and
- Draft proposals for on boarding new collateral and regulating existing collateral.
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