AADA TOKEN PUBLIC SALE
Fair Token Launch through SPO, Token Sale Participation Tickets issued for Pool Delegators — IDO through SPO using NFTs
Fair Launch, the first and only thing when it comes to the $AADA — Token Generation Event(TGE). After long-lasting discussions internally and with the community we have set the ideal conditions for everyone to participate equally in Public Sale.
Token Sale Details
A total of 2.10% of the AADA supply is set aside for the IDO. We are conducting the public sale at a fixed price of $0.35 per AADA token. The IDO will be live on our website ahead of the timing of the sale.
There will be two rounds:
🥇 Golden Referral-only Round
- Referral NFT claim time: 306th to 307th Epochs (to claim must have an active stake in ISPO)
- GOLDEN TICKET NFT Claim and Buy period: From 309th to 310th Epoch
- AADA Token Price: $0.35 USD per AADA token
- Minimum allocation per wallet: 100 ADA
- Maximum allocation per wallet: 300 ADA
- 500,000 AADA tokens available (1.40% of supply)
- Round ends December 26th (end of Epoch 310th)
🥈 Silver Referral-only Round
- Referral NFT claim time: 309th –310th Epochs (to claim must have an active stake in ISPO)
- SILVER TICKET NFT Claim and Buy period: From 312th to 313th Epoch
- AADA Token Price: $0.45 USD per AADA token
- Minimum allocation per wallet: 100 ADA
- Maximum allocation per wallet: 300 ADA
- 250,000 AADA tokens available (0.70% of supply)
- Round ends January 10th (end of Epoch 313th)
Token claiming & trading: shortly after the second round is closed, we will
- Make your reserved AADA tokens claimable from our website
- Set up AADA - Djed/SigmaUSD liquidity pool on Sundae/ErgoDex
How to participate:
🥇 First round — Golden ticket:
To be eligible to participate you will need to:
- Have an active stake in [ISPO] SPO Pool on Epoch 306th (delegate before 304th epoch ends)
- Claim Referral NFT from https://aada.finance
- Keep or Send NFT to referral and make sure referral stakes on ISPO before Epoch 308th starts!
If all the steps are completed successfully you and your referral wallet will be able to retrieve the golden ticket from https://aada.finance during epoch 309th and 310th and participate in Public Sale at the same period.
🥈 Second round — Silver ticket:
To be eligible to participate you will need to:
- Have an active stake in [ISPO] SPO Pool on Epoch 309th (delegate before 307th epoch ends)
- Claim Referral NFT from https://aada.finance
- Keep or Send NFT to referral and make sure referral stakes on ISPO before Epoch 310th ends!
If all the steps are completed successfully you and your referral wallet will be able to retrieve the silver ticket from https://aada.finance on Epoch 312th and 313th and participate in Public Sale at the same period.
NFT — Referrals
🥇 In order to receive Golden Referral NFT, you have to Delegate to Pool before the end of 304th Epoch (November 26th, 17:00 EST)
🥈 In order to receive Silver Referral NFT, you have to Delegate to Pool before the end of 307th Epoch (December 11th, 17:00 EST)
Example NFT:
Find Golden Referral NFT — HERE
NFT — Tickets
🥇 In order to receive Golden Ticket NFT, you have to Delegate to Pool before the end of 307th Epoch (December 11th, 17:00 EST)
🥈 In order to receive Silver Ticket NFT, you have to Delegate to Pool before the end of 310th Epoch (December 26th, 17:00 EST)
Example NFT:
Find Golden Ticket NFT — HERE
Roadmap
Coming soon, the following action items are on our immediate or near-term horizon, and they broadly fall under 3 categories.
1️⃣ New Feature
NFT-bonds loan refinancing: adding collateral to existing Loan by providing NFT-bond and additional collateral.
NFT-bonds peer-to-peer marketplace: safely swap your loan with a buyer on the NFT-bonds marketplace.
New Yield Strategies: explore fixed-rate loans and other yield-maximizing strategies through partner integrations or in-house innovations to maximize users’ capital efficiency
2️⃣ Refining Existing Features
Dashboard: (1) A “history” table that lists all of the user’s interactions with AADA to date; (2) Better overall earnings reporting that helps users track their farming impermanent loss in addition to LP tokens earned from auto-compounding
Liquidation oracle: (1) Expand coverage for retrieving health factor off-chain; (2) create web-hook in order to get notified when the loan can be liquidated.
3️⃣ Governance
Establish Aada DAO for AADA holders to propose and vote on decisions such as the amount/rate of token buyback with our positive cash flow since day 1!
Tokenomics
There are 35,750,000 AADA Tokens in Total. Token distribution is as follows:
- The initial circulating supply is 6% of the total supply, which consists of 35% public sale, unlocked AADA Token & initial token liquidity
- Private sale investors are subject to a 10-month vesting schedule
- The team are subject to a 2-year vesting schedule with a 6-month lockup
- 76.23% of AADA tokens are allocated to the community, with 23.78% for Staking and Governance
- Public Sale proceeds and protocol income will contribute to Aada’s reserve and treasury, which will be used to grow insurance fund, buyback AADA tokens, and execute future community plans if needed
- TGE Event as the end of Public Sale — January 10th
- Set up AADA — Djed/SigmaUSD liquidity pool on Sundae/ErgoDex
Final Remarks
At Aada, we have one simple and clear mission: to build next-gen decentralized financial products with the user at the forefront.
To that end, we have created a lending protocol that’s far beyond pure lending and borrowing in order to help users maximize yields through NFT-Bonds leveraged lending while covering user downside with an automated self-deleveraging mechanism. Both features are first-in-market innovations that are not just new in Cardano but also across the broader DeFi landscape.
This is just the beginning for Aada.
A long way to go and an exciting journey ahead!
Presenting DeFi technologies @ Cardano!
Thank you for your support 🙏
Read More about Private Sale here:
https://aada.gitbook.io/aada/public-sale-open
To find out more about Aada, visit the website, read documents and whitepapers.
Website: https://aada.finance
Telegram: https://t.me/aadacommunity
Twitter: https://twitter.com/Aada.finance
