AADA
Aada Finance
+
3.29%
$ 2.03982526
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Price
CAP
Volume 24h
Circulating supply
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- -Aada Finance$ 2.03982526-$ 51,2280 AADA+ 3.29%
Aada Finance. Price of cryptocurrency: $ 2.03982526
What is Aada finance? Aada Finance is built on the Cardano block chain. The Aada V1 dApp has a new feature that allows users to transfer and trade their loans in the form of NFTs. The protocol gives peer-to-peer primitives to the borrowers.
How many AADA token are in circulation? Aada Finance has a total token supply of 29,500,000. The protocol had a public launch allocation of over one million AADA token. The DEX launch took place on January 29th, 2022. Private Round participants receive 18.64% of the supply. The distribution began in March of 2022. The allocation goes as follows: The strategic partners had a rate of 6.78%. The core team is made up of 10%. Referral and marketing are both 5 percent. Advisors are 3.39 Staking and governance are 34%. 3.39 is the token liquidity.
Who are the people who started Aada Finance? Aada Finance was founded by two people. The latter took great inspiration from the technology and its ability to facilitate trustless transactions. He turned to Cardano because of the DeFi craze. The Cardano equivalent of Aave was created in the initial concept of Aada Finance. Aada was a project with a unique NFT bond interaction model.
What makes Aada different?
The bonds are called NFT bonds. The NFT bond feature is introduced by Aada Finance. It allows borrowers and lenders to trade and transfer their loans. Every time a user places a loan request or supplies one, the protocol mints an NFT with a unique policy that serves as proof.
Borrowing and multi asset lending. Aada introduces multi-asset settings, which are different from regular lending and borrowing protocols. A borrower can request one Cardano-native asset, supply another and pay interest on a third one.
There is a governance called the DAO. Aada Finance's main feature is its DAO. AADA token holders can vote on proposals.
ADA pairs can be traded on major Cardano exchanges.
How many AADA token are in circulation? Aada Finance has a total token supply of 29,500,000. The protocol had a public launch allocation of over one million AADA token. The DEX launch took place on January 29th, 2022. Private Round participants receive 18.64% of the supply. The distribution began in March of 2022. The allocation goes as follows: The strategic partners had a rate of 6.78%. The core team is made up of 10%. Referral and marketing are both 5 percent. Advisors are 3.39 Staking and governance are 34%. 3.39 is the token liquidity.
Who are the people who started Aada Finance? Aada Finance was founded by two people. The latter took great inspiration from the technology and its ability to facilitate trustless transactions. He turned to Cardano because of the DeFi craze. The Cardano equivalent of Aave was created in the initial concept of Aada Finance. Aada was a project with a unique NFT bond interaction model.
What makes Aada different?
The bonds are called NFT bonds. The NFT bond feature is introduced by Aada Finance. It allows borrowers and lenders to trade and transfer their loans. Every time a user places a loan request or supplies one, the protocol mints an NFT with a unique policy that serves as proof.
Borrowing and multi asset lending. Aada introduces multi-asset settings, which are different from regular lending and borrowing protocols. A borrower can request one Cardano-native asset, supply another and pay interest on a third one.
There is a governance called the DAO. Aada Finance's main feature is its DAO. AADA token holders can vote on proposals.
ADA pairs can be traded on major Cardano exchanges.