ADADAO : World's First Interest-Free Stablecoin Protocol built on Cardano

A DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets

What is Adadao?

ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets.

Read our whitepaper

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

Stablecoin

The AUSD stable coin is a soft-pegged cryptocurrency, decentralized, unbiased, collateral-backed, which can be stored in wallets or used on platforms.

Coming Soon

Adadao Vaults

Create and
collateralize a vault

Generate AUSD from the Collateralized Vault

Pay down the Debt and the Stability Fee

Withdraw
Collateral

ADAO Token

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

Roadmap

2022
Q1 2022

IDO
CEX listings
Cardano DEX listing

Q2 2022

Design of the basic Protocol
Stablecoin Release
Staking
Final Protocol Launch

Q3 2022

Creation of DAO
Finalizing voting
Additional collateral tokens

Q4 2022

More partnerships
Strengthening of Oracle services
Governance improvement
More Fiat Pegged Stable Coins
Real world asset collateralization

Launchpad partner

Development partner

Founding Team

Obaid Ul Ahad

Co-Founder

Serial Entrepreneur. Founder of cardence.io . Ex Spinny, Ex Founder Zafraa.

Murshid Alam

Co-Founder

Ex TCS, Ex IBM , Blockchain developer

Irfan Khan

Marketing Head

Head of Marketing-Cardence

Rizwan Khan

Co-Founder

 

Md Danish Alam

Community Manager

 

Brecht Malfait

Marketing Lead (Kryptonite)