AstridDAO Joins Astar Incubation Program!
Hello, everyone!
Today, we are so excited to announce that AstridDAO joins Astar Incubation Program. By joining Astar Incubation, we will work closely with the Astar core team and receive hands-on support from strategy, to fundraising, to community growth, to marketing, and more.
Astar Network launched Astar Incubation Program in February 2022. So far, Astar Incubation Program has incubated ArthSwap and Starlay, the two most successful DeFi protocols on Astar, in terms of TVL, and achieved a total TVL of over $600M.
With the graduation of ArthSwap and Starlay, Astar Incubation Program started a new batch of incubation. And we are glad to be selected among over 30 candidates and join the program,
“AstridDAO is the first Astar-native decentralized, multi-collateral stablecoin. As a cornerstone of the DeFi ecosystem, AstridDAO is built on Astar and for the whole Polkadot ecosystem. We will support AstridDAO from Astar $100M boost program and provide them with dedicated support.”- Sota Watanabe, Founder of Astar Network
We are now working on the release of AstridDAO coming in a week, and also there are some campaigns coming.
Thank you for your support and please keep staying with us.
For the details of the Astar Incubation Program, please read this⏬
About AstridDAO
AstridDAO is a decentralized money market and multi-collateral stablecoin protocol built on Astar and for the Polkadot ecosystem, which allows users to borrow $BAI, a stablecoin hard-pegged to USD, against risk assets at 0% interest and minimum collateral ratio. This means you can use the value in your risk assets including $ASTR, $BTC, $ETH, $DOT, etc. without having to sell them.
