ADADAO: Governance Token for New Stable Coin on Cardano Network – IDO Details


What is ADADAO?

ADADAO is being touted as the “Worldโ€™s First interest-free, completely trustless stablecoin protocol.” It is a DeFi protocol on the Cardano blockchain that facilitates the creation of fully collateralized stable coins leveraging native Cardano assets.

$AUSD is the stablecoin generated by the protocol. $ADAO is the utility and governance token allowing users to vote on how the protocol functions and also entitles them to a share of the fees raised through the protocol.

ADADAO will let users create and collateralize a vault, generate AUSD from the collateralized vault, pay down debt, and withdraw collateral.

IDO Launch Details

๐Ÿ—“ IDO Date: March 21st

๐Ÿ“ฃ ADADAO IDO Announcement – ADAPad + VelasPad + BSCPad

๐Ÿ’ฐInitial marketcap: $619K

๐Ÿ‘‰ Whitelist ๐Ÿ‘ˆ

๐Ÿ”— ADADAO Official Links:





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