One of the most common precepts of the crypto ecosystem is decentralized finance, or DeFi, as its more commonly known. Simply put, decentralized finance, or DeFi, is the removal of third parties in financial transactions. This is mainly possible using digital tokens and other blockchain-based technology.
Despite the myriad benefits of this decentralization in today’s economy, profit-making is one of the major driving forces behind new market participants. In the search for a viable portfolio-growing plan, Adirize DAO (ADI) is looking to make its mark as it releases a reserve cryptocurrency.
Reserve currencies are stocks of foreign currency held by central banks and other substantial financial enterprises to meet international debt commitments, make overseas venture capital purchases, and manage the local exchange rate. Their system is somewhat similar to popular stablecoins. Similar to the US dollar, Adirize DAO (ADI) tokens are backed by a reserve of precious assets rather than a weak currency prone to inflation. This unique tether would be strong enough to cater well to potential token users.
Adirize DAO (ADI) – Newly Improved Stability
The Adirize DAO (ADI) protocol has built a reserve cryptocurrency called ADI. Despite similarities, ADI differs from Tether or USDC; both are stablecoins. Adirize uses a system comparable to the gold standard; this means that it issues and tethers its tokens with a vault of precious assets.
Adirize DAO (ADI) tokens are not semi-centralized stablecoins like USDT or USDC. ADI has the goal of becoming a distributed and algorithmic stable currency. Just like a gold standard, ADI gives independent value to its users that stems from the fractional reserves where it derives its intrinsic value.
Benefits and Offers With Adirize DAO (ADI)
When considering joining this community, prospective subscribers have three choices: they can either keep the token in their possession, stake it, or contribute liquidity. Compared to holding any other token, there is no bonus for simply holding the token, but Users who stake ADI tokens will receive sADI in exchange, and the yield is always equal to the amount staked. When ADI is minted, the Adirize DAO protocol gives 90% to the stakers, and 10% is accrued to the DAO itself.
The presale of its tokens is still running, and the project is giving a bonus of 45% to users who make their first acquisition of ADI tokens within the first quarter of an hour after opening an account with them.
Aave (AAVE) – Crypto’s loan shark
Aave (AAVE) is a system for decentralized finance that enables individuals to lend and borrow digital currency.
Aave (AAVE) was launched in November 2017 as ETHLend but rebranded to Aave sometime in September 2018. Aave provides liquidity in the form of flash loans to borrowers; this liquidity is obtained from the digital assets deposited into specific liquidity pools by users. The lenders earn interest on their assets, while borrowers can use their crypto to take out flash loans.
Aave (AAVE) provides holders with discounted fees on the platform, and it also serves as a governance token — this allows the holders of the token to vote and lend their voices to the future development of the protocol.
Binance Coin (BNB) – Blockchain Pioneer
Binance Coin (BNB) is the coin that powers the BNB Chain ecosystem. It is one of the world’s most popular utility tokens and has many utilities apart from trading. Users can use BNB to pay for goods and services, settle transaction fees on Binance Smart Chain (BSC), participate in exclusive token sales, and more.
There’s so much out there and very few good eggs. You must research before deciding to jump in on any project.
Adirize DAO (ADI)