Cryptocurrency attributes
Other attributes
Features:
- Decentralized Protocol - Completely trustless protocol based on Smart Contracts;
- Interest Free - First stablecoin project based on interest free borrowing;
- Built on Cardano - Bringing volatility free, mobile and accessible stablecoin on Cardano;
- Verifiably Asset Backed - Every AUSD is backed by onchain collateral.
The AUSD stable coin is a soft-pegged cryptocurrency, decentralized, unbiased, collateral-backed, which can be stored in wallets or used on platforms.
The ADAO token is the utility and governance token of the ADADAO ecosystem which rewards holders with profits from ADADAO and allows those who hold it to vote on changes to the project’s parameters.
Adadao Vaults
Create and collateralize a vault
Generate AUSD from the Collateralized Vault
Pay down the Debt and the Stability Fee
Withdraw Collateral