AstridDAO
ATID Price
AstridDAO (ATID) is a decentralized borrowing protocol utilizing ATID tokens to access interest-free loans against various collateral assets. More
| Fully Diluted Valuation | $107,167 |
|---|---|
| 24H Trading Volume | $109 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 395.45 M |
| Total Supply | 1.00 B |
| Max Supply | 1.00 B |
| Categories | Decentralized Finance (DeFi) 1 more |
|---|---|
| Founder | Joe |
| Website | |
| Socials | |
| Chains | AstridDAO Ecosystem |
| Explorer |
| Name | Pair | OG Score |
|---|
AstridDAO stands out in the decentralized finance (DeFi) sector as a platform reshaping borrowing dynamics through its pioneering protocols. Here's a closer look at the core features of AstridDAO and its impact on the borrowing landscape:
Introduction to AstridDAO
AstridDAO functions as a decentralized borrowing protocol, leveraging its native token, ATID, to streamline borrowing processes within the DeFi ecosystem.
Efficient Borrowing Mechanism
AstridDAO offers users interest-free loans, a departure from conventional lending systems. Through the utilization of ATID tokens, users can enhance farming rewards, partake in governance decisions, and earn staking rewards.
Security Through Collateralization
The protocol's borrowing mechanism relies on collateral assets such as ASTR, ETH, and BTC, ensuring the security and integrity of the borrowing process.
Stability Pool and Risk Mitigation
AstridDAO's Stability Pool, bolstered by BAI reserves, serves as a safety net for borrowers. In the event of liquidation, this pool facilitates a swift and secure process, minimizing risks for all parties involved.
Transparent Fee Structure
AstridDAO implements a transparent fee structure, comprising one-time borrowing and redemption fees. These fees adjust dynamically, promoting sustainability and efficiency within the protocol.
User Empowerment
Through AstridDAO's borrowing mechanism, users gain the ability to optimize their asset utilization. However, it's essential to exercise caution, considering the inherent risks associated with leveraging assets.
Future Outlook
AstridDAO aims to broaden its collateral asset support, enhancing its versatility and utility within the DeFi space. With a commitment to decentralization and innovation, AstridDAO continues to redefine borrowing dynamics in the DeFi ecosystem.
Conclusion
In summary, AstridDAO presents a compelling proposition for borrowers seeking efficient and transparent borrowing solutions within the DeFi landscape. Through its innovative protocols and commitment to user empowerment, AstridDAO is poised to play a pivotal role in shaping the future of decentralized finance.
AstridDAO stands out for offering interest-free loans against various collateral assets, enabled by its decentralized protocol and innovative fee structure, setting it apart from traditional borrowing systems.
The founders of AstridDAO have chosen to remain anonymous, aligning with the ethos of decentralization and community-driven governance prevalent in the DeFi space.
AstridDAO has garnered support from a diverse community of investors and backers within the DeFi ecosystem, contributing to its growth and development as a leading borrowing protocol.
OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like AstridDAO ATID. To access these ratings, evaluations, and comments, click here.
There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of AstridDAO (ATID) is ($395,448,833), max supply of AstridDAO ATID is ($1,000,000,000) and the market cap of AstridDAO ATID is ($42,379).
What is the AstridDAO (ATID) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of AstridDAO (ATID) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether AstridDAO (ATID) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (AstridDAO ATID) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does AstridDAO (ATID) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether AstridDAO (ATID) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
OGAudit is the First Social Audit Platform for Web3 - Your Crypto Playbook!
Explore the Crypto Topics section to discover what OGs are discussing and gain insider knowledge on trending crypto topics.
There are many ways to conduct business in the crypto space, but we’ve chosen the most challenging path: shedding light on the unknown. Social media interactions and transaction volumes of exchanges and crypto assets can easily be manipulated by bots and whales, often misleading researchers and opening doors for scams by bad actors. Scammers have cost the crypto industry billions of dollars. Major red flags often slip past traditional technical or KYC audits, but OGAudit tackles this with its unique social auditing mechanism!
We believe in creating a safer, more thriving, and equal-opportunity crypto space for everyone. Our sole motivation is you 💗
We trust that authentic reviews from OGs will help you find the most reliable crypto exchanges and Web3 solutions you need! Additionally, we aim to simplify your crypto DYOR process with clear, up-to-date content.
OGs are the most experienced, reputable members of the crypto community, serving as independent auditors on the OGAudit platform.
Becoming an OG is not granted; it’s earned! Anyone with at least 1,000* days of on-chain experience and who adheres to OGAudit Community Guidelines can qualify as an OG.
The OG onboarding and rating mechanism is fully automated. OGs' wallet addresses and contributions are publicly verifiable on-chain**. The decentralized, permissionless, and transparent OGAudit consensus**, along with OGAudit Community Guidelines, ensures the elimination of spam and fraudulent content.
*500 days of on-chain experience qualifies you during the OGAudit Alpha! **to be Announced
Yes, it is—and all basic features will always remain free for personal use!🔥
Unfortunately, we do not have a token, and investing in the OGAudit platform is not an option. However, we greatly appreciate any donations!💗
If you meet the requirements and share our values, you can become a contributor to our community as an OG⭐️
By joining us, you'll help make crypto a safer place, earn rewards, perks, all while building your reputation along the way!⬆️
OGAudit is a collective movement of the crypto OG community. It has no affiliations with VCs, centralized exchanges, or other entities. Founded and funded by the Chief OG in 2023, OGAudit has been built by a dedicated team of crypto enthusiasts, researchers, web developers, and community leaders.💪
We have witnessed many market cycles, experienced the highs of the bull runs and the lows of the bear markets, and even faced rug pulls. Yet, we have remained resilient and are devoted to making Web3 accessible to everyone in the most secure way possible!
