Categories: Press Release

ADAyield lending protocol announce token private sale after a massive success in seed sale

Adayield is a lending platform where users can hold their assets and receive interest or borrow tokens and repay it after a while. Like other currency market protocols, Adayield is built on cardano network, open-source, and non-custodial Defi protocol. Two principal roles are supplier and borrower.

Adayield in full operations will provide borrowers with better interest than competitors, a new mechanism for determining interest rates is considered, choosing each market’s borrowing interest rate. Based on this mechanism, the borrower will repay the system at a more stable rate than other platforms. The interest received from the borrowers is distributed among the suppliers according to the amount they have provided.

Features of Adayield Protocol

The Adayield team provide some practical and more user-friendly features to make borrowers and lenders satisfied with their goals. Furthermore, Adayield has some competitive variables that we can assure you haven’t seen them in other DeFi platforms before.

Protocol Governance: The $AYID token can be used to govern various components of Adayield platform, including the futures protocol, exchange parameters, and protocol upgrades via a DAO structure. Governance decides to burning, liquidity mining, or other usages by voting on the proposals submitted.

• Burning: The portion of the Adayield income will undergo a buy-back-and- burn event to accrue value for $AYID.

• Liquidity Mining: Governance can plan to distribute a specified number of $AYID tokens daily weighted by each network participant’s liquidity. In fact, Liquidity mining in the world of DeFi refers to the process of depositing or lending designated token assets with a mining mechanism to provide liquidity for the product’s fund pool and thus obtain an income. This mechanism will increase the users and interacts with the platform.

•Permission-less: Lend on any pairing. Our governance will ensure that the best offers are available and that only the safest oracles are used.

• Staking: taking is particularly useful for large stakeholders who want to ensure maximum protection of their funds while supporting the network and get rewards for it. This method removes the tokens from the circulation and event to accrue value for $AYID.

•Ecosystem Foundation Layer: Attract assets and build incentives that can empower an ecosystem of financial products.

Investors who did not take part $AYID Token seed sale, can now participate in $AYID Token Private Sale and become an early adopter of $AYID Token at a discounted price.

Here’s the link to private sale: Click Here

Social Media:

Twitter: Click Here

Discord: Click Here

Medium: Click Here

Media Details

Company Name: ADAyield Finance

Contact Name: Nader Poordeljoo

Email: Support@adayield.net

Location: UAE, Dubai

Website: Click Here

Crypto Chain Wire

Crypto Chain Wire is press release distribution platform focused on Blockchain, Crypto, Web3, NFT, Defi, & Play-to-Earn Startup, Projects or Companies. Crypto Chain Wire provides instant and effortless crypto news syndication services. Crypto Chain Wire is the best PR syndication platform for any blockchain startup looking to gain maximum media attention. For partnership reach out to contact@cryptochainwire.com

Recent Posts

Ripple’s RLUSD Stablecoin Sees Muted Launch, $3 Million in Daily Trading Volume

Ripple’s highly-anticipated stablecoin RLUSD has seen a relatively muted launch, with trading volumes in the…

2 days ago

Bitcoin ETFs Face Record Outflows Amid Market Decline

Bitcoin exchange-traded funds (ETFs) experienced a substantial sell-off on December 19, recording net outflows of…

2 days ago

Paytora Simplifies Your Finances: Instant Crypto Conversion with an All-in-One Platform

Vancouver, Canada, 20th December 2024, ZEX PR WIRE, Paytora, an all-in-one digital banking platform that…

3 days ago

Crypto Liquidations Exceed $1B Following Controversial Fed Statements

The Federal Reserve announced a 25 basis point interest rate cut, reducing the federal funds…

3 days ago

Numogram ($GNON) Selected for Ryze Labs AI Combinator Program, Launches Revolutionary Agent Platform

New York, USA, 20th December 2024, ZEX PR WIRE, Numogram ($GNON), a Solana-based project, announces…

3 days ago

AngelVerse Announces Presale and Upcoming Utility-Driven Gym-Based NFTs

Dubai, UAE, 20th December 2024, ZEX PR WIRE, AngelVerse is set to go live with…

3 days ago