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Home All Events Astrid DAO Protocol Launch

Date

Apr 28 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Apr 28 2022
  • Time: 8:00 am

Status

Active

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

Astar

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