ADADAO IDO announcement on Cardence platform

ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets. We are starting with ADA tokens only but the governance can decide on addition of more assets as and when required. ADADAO functions as a DAO (Decentralized Autonomous Organization). AUSD is the stablecoin generated using this protocol. ADAO is the utility and governance token which allows users to decide how the protocol functions and also gives them a share of the fees raised through the protocol.

Schedule of IDO development

Website Release :10 December 2021

Public and Private Round Snapshot: 19th December 2021

Guaranteed Participation Registration : 20th December 2021

FCFS Round : 21st December 2021

IEO Conclusion : TBA

Listing Date : TBA

Tokenomics and details of public and private round will be announced soon. ADADAO is also in talks with major crypto exchanges for an IDO and we are supporting the endeavor as we believe that it will bring more hype to the project.

A form will be floated soon for suggestions regarding the IDO and how we can make it better.

Looking forward to a great journey ahead.

Thanks & Regards

Obaid Ul Ahad