Name: ADADAO
SKU: ADAO
Price: 0.002164191232 USD

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:<ul><li>Assisting in financial risk research and</li><li>Draft proposals for on boarding new collateral and regulating existing collateral.</li></ul>

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ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets.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.Key Features<ul><li>Decentralized Protocol - completely trustless protocol based on Smart Contracts;</li><li>Interest Free - first stablecoin project based on interest free borrowing;</li><li>Built on Cardano - bringing volatility free, mobile and accessible stablecoin on Cardano;</li><li>Verifiably Asset Backed - every AUSD is backed by onchain collateral.</li></ul>

ADADAO

ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stablecoins leveraging native Cardano assets

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