ADADAO has partnered with BlueZilla for IDO on its platforms. BlueZilla has introduced to conduct the IDO on ADAPad, BSCPad, and VelasPad launchpads. IDOs within the BlueZilla ecosystem have an incredible status. For instance, the typical ROI on BSCPad is 6400%. ADADAO is predicted to observe the identical pattern as different BlueZilla tasks and presents a terrific alternative for early entry on the primary day.
ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of absolutely collateralized steady cash leveraging Native Cardano Belongings. AUSD is the Stablecoin generated utilizing this protocol, which is onchain overcollateralized utilizing Bluechip Cardano belongings . ADAO is the utility and governance token which permits customers to resolve how the protocol features and in addition provides them a share of the charges raised by means of the protocol.
IDO Date: Monday March twenty first
Staking Eligibility Cutoff: Monday March twenty first, 5 AM UTC
Public Sale Token Worth: $0.038 USD
Allocation Spherical Opens: Monday March twenty first, 8 AM UTC
- #BSCPAD FCFS Spherical: Monday March twenty first, 1 PM UTC
- #ADAPAD FCFS Spherical: Monday March twenty first, 10 PM UTC
- #VelasPAD FCFS Spherical: Monday March twenty first, 20 PM UTC
Itemizing: Monday, March twenty first
- PancakeSwap Launch: Monday, March twenty first, 3:00 PM UTC
- AstroSwap Launch: Monday March twenty first, 3:30 PM UTC
Most Token Provide: 500,000,000 $ADAO
Circulating Provide at Itemizing: 16,875,000 ADAO
Market Capitalization at Itemizing: $619,000 USD
ADADAO ($ADAO) is a DeFi protocol on Cardano blockchain which facilitates creation of absolutely collateralized steady cash leveraging Native Cardano Belongings. ADADAO features as a DAO (Decentralized Autonomous Group).
ADADAO ecosystem has two tokens:
- ADAO which is the governance token of adadao protocol
- AUSD which is the steady coin pegged to usd which will be borrowed by collaterizing Cardano native belongings like ADA.
The protocol has a singular design with the next salient options:
- It’s curiosity free. There’s a one time payment to be used of the protocol after which the borrower can maintain the mortgage so long as he desires , offered that he maintains the collateral.
- Liquidations occur by means of the soundness pool. It’s a pool of AUSD stablecoins staked by customers which facilitate the liquidations at a hard and fast worth. The liquidation penalty realised throughout the course of is distributed to the stakers proportionally.
BlueZilla – A Power to be Reckoned With
BlueZilla is a blockchain incubator that helps a few of the most cutting-edge tasks within the trade get off the bottom by means of its launchpads: BSCPad, Tronpad, ETHPad, KCCPad, NFTLaunch, ADAPad, VelasPad, GameZone, PulsePad, DotPad and MetaVPad. On this approach, they supply safety to buyers, whereas permitting them to take part within the early stage investments of their companion firms. The platform is a famend incubator that nurtures and props the founders’ concepts earlier than offering additional improvement, authorized, technical, and advertising assist because the mission finds its footing.
The extremely excessive demand of tokens launching on BlueZilla has resulted in huge ROIs in its IDOs. For instance, WagyuSwap—a DEX on Velas—has a 106X ROI and is throughout the territory of TronPad, which rallied round 255x. A standout efficiency to date is the vertical rise of ETHPad’s $ETHPAD, which at present has an ROI of roughly 170X.
Just lately, MetaVPad did a 1290x, Valhalla and Astroswap did 630x and 527x respectively.
What issues does ADADAO clear up?
There isn’t any engaged on chain collateralized stablecoin on cardano but. Even on different chains, present protocols incur excessive rates of interest on belongings borrowed from customers making leveraging very dangerous. There’s a imprecise liquidation course of based mostly on an inside public sale mechanism which forces protocols to provoke liquidation at larger liquidation ratio so as to have the ability to compensate for the uncertainty within the realisable worth.
ADADAO Official Socials
To seek out out extra concerning the mission and sustain with its newest developments, observe their official channels.