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๐ŸŽ“ What is the ADAO cryptocurrency and what does it have to do with Cardano

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ADAO Token: It is the currency of the Adadao decentralized finance protocol based on the Cardano Blockchain that facilitates the creation of totally secure cryptocurrencies that take advantage of the ADA token.

The ADADAO Foundation is interested in the initial development of the project and plans to gradually delegate its functions to governance.

ADAO Token Project

ADADAO operates as an independent decentralized organization.

The AUSD coin, the stablecoin created with this protocol, ADAO is the governing and auxiliary coin that allows users to decide how the protocol works and also gives them a portion of the fees collected through the protocol.

ADAO and AUSD are original Cardano coins and users must have a compatible Cardano wallet in order to receive them. They will also be able to trade the ADAO cryptocurrency on various exchanges.

ADAO Cryptocurrency Founders

Its team consists of individuals and service providers contracted by ADADAO management to provide specialized services to ADADAO. The adaptability of ADADAO governance allows the ADADAO community to adapt the DAO team framework to the needs of the ecosystem based on of real-world performance and development challenges.

The main functions of the DAO team members include:

Assist in the investigation of financial risks.

Drafting of proposals for new safeguards and regulation of existing ones.

His team consists of CEO Obaid Ahad, CTO Murshid Allam, developer Rizwan Khan, and CMO Bircht Malfitt.

Information about the ADAO Cryptocurrency

  • The total number of ADAO tokens is 500 million coins.
  • Highest value reached on March 21, 2022, at $0.1332 (at the time of writing)
  • Your smart address on Binance Smart Network: here
  • Official website: here
  • The official Twitter account: here

How to buy ADAO cryptocurrencies

You can access the ADAO token from PancakeSwap, which is a decentralized platform running on the Binance Smart Network.

ADAO token price

Priced at $0.0606 (at the time of writing)

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