ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets.

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.

Key Features

• Decentralized Protocol – completely trustless protocol based on Smart Contracts;
• Interest Free – first stablecoin project based on interest free borrowing;
• Built on Cardano – bringing volatility free, mobile and accessible stablecoin on Cardano;
• Verifiably Asset Backed – every AUSD is backed by onchain collateral.