Astrid DAO Protocol Launch
New lending / staking protocol launch on Astar.
DETAILS
- You will be able to borrow BAI on their platform at zero interest rate (although one-time fee is charged to borrow BAI)
- Borrowing fee is variable, minimum charged at 0.5% (0% during recovery mode)
- 10 BAI Liquidation Reserve charge will be applied as well, but returned to you upon repayment of debt
- No minimum lockup duration
- BAI is the stablecoin hard-pegged to 1 USD
- ATID is the protocol token; with 1,000,000,000 as total supply
Blockchain
