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WebsCrypto—News—The Multi-Collateral Stablecoin Project AstridDAO Announced That It Will Be Launched in Mid-April and Will Launch the USD Stablecoin Bai and the Protocol Token Atid
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The Multi-Collateral Stablecoin Project AstridDAO Announced That It Will Be Launched in Mid-April and Will Launch the USD Stablecoin Bai and the Protocol Token Atid

By WebsCryptoApril 5, 20221 Min Read
The Multi-Collateral Stablecoin Project AstridDAO Announced That It Will Be Launched in Mid-April and Will Launch the USD Stablecoin Bai and the Protocol Token Atid
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Official news, AstridDAO, a multi-collateralized stablecoin project of Astar Network and Polkadot ecosystem, announced that it will be launched in mid-April, and will launch the USD stablecoin BAI and the protocol token ATID.

Users can deposit risky assets including ASTR, BTC, ETH, DOT, native assets of other parachains to borrow BAI.

ATID can be used to generate veATID tokens, which are used to capture fee income generated by the system, incentivize early adopters, manage the protocol in a DAO fashion, etc.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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