New Listing: NDAU (NDAU)

Announcing a new listing NDAU (NDAU) for Bittrex Global customers! The NDAU wallet is open for deposits and withdrawals. The USDT-NDAU market is now open for trading!

Bittrex Global Team
Bittrex Global
2 min readApr 30, 2021

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From the NDAU website:

The World’s First Adaptive Digital Currency

A new category of digital asset optimized for a long-term store of value with staking income. Has the freedom to rise with increasing demand while mitigating downside volatility.

Overcomes the top barriers to long-term holding of digital assets. A decentralized, trusted ecosystem where ndau holders digitally self-govern.

Reduced Volatility

Applies monetary policy, embedded within its blockchain, to mitigate price volatility.

Resilient Governance

Governed by the Blockchain Policy Council, with regularly elected delegates that oversee operations and ndau’s monetary policy.

Robust Security

Includes a multisignature wallet, recovery safeguards, dispute resolution and property rights.

Demand Driven Supply

New ndau issued along pre-determined price curve only when demand exceeds supply and pushes market price to the next designated price level.

Incentives to Hold

Efficient Proof-of-Stake consensus with passive income thanks to ecosystem incentives that increase the longer ndau is held and locked in a holder’s wallet.

Non-Profit Endowment

All net proceeds are held in an endowment, maintained by the non-profit Axiom Foundation, to help stabilize ndau and implement its monetary policy.

Long-Term Holding
Incentives

The first 10 million ndau (the initial phase of 30 million total reserve), are issued at a price that increases by 0.0971% with every new 1,000 units. One of ndau’s monetary policy tools is Ecosystem Alignment Incentives (EAI) to help promote stability. The longer ndau is held, the larger the incentive.

Trade USDT-NDAU now at: global.bittrex.com

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Bittrex Global Team
Bittrex Global

Team of one of the most secure trading platforms and digital wallet infrastructures in the world! https://global.bittrex.com