AstridDAO is a decentralized borrowing protocol that allows you to draw interest-free loans against multiple collateral assets (e.g. ASTR, ETH, BTC, and etc.). Loans are paid out in BAI (a USD pegged stablecoin) and need to maintain a minimum collateral ratio depending on the collateral assets you deposit. In addition to the collateral, the loans are secured by a Stability Pool containing BAI where borrowers collectively act as guarantors to ensure a fast and safe liquidation process.

ATID is the protocol token issued by the AstridDAO protocol. By locking it and generate veATID tokens, ATID holders can capture the fee revenue that is generated by the system. This would further incentivize early adopters.