Adadao is the world’s first interest-free stablecoin protocol. It is built in Cardano. His IDO took place a few days ago and has been growing ever since. The token surpassed a daily volume of $10 million on the first day of its launch. Undoubtedly, the increase in Cardano contributed to the growth of its prices. Look no further than this short article for the details on Adam: what it is, it’s worth investing in, and the best places to buy Adam.
Top places to buy Adadao now
As ADAO is such a new asset, it has not yet been listed on major stock exchanges. You can still buy ADAO using a DEX (decentralized exchange), which just means there are a few extra steps. To buy ADAO now, follow these steps:
1. Buy BNB on a regulated exchange or broker such as Binance ›
We suggest Binance because it is one of the world’s leading multi-asset trading platforms, an all-in-one exchange and wallet with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other service out there.
2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask
You will need to create your wallet, get your address and send your coins there.
3. Connect your wallet to SushiSwap DEX
Head over to SushiSwap, and ‘connect’ your wallet to it.
4. You can now exchange your BNB for ADAO.
Now that you are connected, you can exchange hundreds of currencies, including ADAO.
What is Adadao?
Adao is a DeFi protocol on Cardano, which uses native Cardano assets to facilitate the creation of fully guaranteed stablecoins. It works like a DAO. The governance and utility token allows ecosystem participants to decide on the ways in which the protocol will work. They also receive a share of the fees collected through the protocol, which is based on smart contracts and completely trustless. It is also the first stablecoin project in history based on interest-free loans, which brings a mobile, non-volatile and accessible asset to the market. Adadao is demonstrably asset-backed. The initial development of the project is being managed by the ADADAO foundation, which plans to gradually transfer this task to the community.
Should I buy Adadao today?
Nothing can replace doing your own research. Any investment decision you make should be based on your market experience, your attitude to risk and the characteristics and distribution of your portfolio. Also, consider how you would feel about losing money.
Adao price forecast
Very few analysts have committed to a price prediction as Adao is such a new asset. Digital Coin Price predicts a low price of $0.0887 in January next year. That month, it will trade at an average of $0.0981. The maximum you can get is $0.11. As of December 2023, the minimum price will be $0.0871. The token will not be able to exceed $0.11, according to this analyst.
Addadao on social networks
No 1 in Cardano and also the only one representing Cardano in the top 10. 🔥@cardano_whale @CardanoStiftung @InputOutputHK @BlueZillaVc @CardanoDeFiCDA @Cardano @CardanoBuilt @CardanoDeFiCDA @IOHK_Charles#adadao #cardano #crypto https://t.co/LzsZiVRAAT — ADADAO 💱 – CARDANO (ADAO – AUSD) (@adadao_org) March 22, 2022