AsemagDAO is a decentralized digital asset management infrastructure and management protocol governed by the Asemag Foundation based on DAO and empowered by Web3.0. AsemagDAO's mission is to bring decentralization and DAO governance into the asset management field.
Stablecoin Dai is an asset-backed cryptocurrency softly anchored to the U.S. dollar, and its issuance is decentralized and unbiased. Dai has been issued on the Ethereum blockchain and some other popular blockchains; holding Dai requires a cryptocurrency wallet or cryptoasset platform.
All approved collateral assets can be deposited into the Asemag treasury smart contract generated using the Asemag protocol to generate Dai. The vault is non-custodial in nature: users interact directly with the vault and the Asemag protocol. As long as the price of the collateral is not lower than the minimum necessary level, the user has complete and independent control over the collateral.
The ADAO token is the governance token of the Asemag protocol - allowing its holders to vote to modify the Asemag protocol.
Token Name: ADAO Total Tokens: 400 million
Price-stable cryptocurrencies are an important medium of exchange for many decentralized applications. The potential market for Dai is no less than that of the entire decentralized blockchain industry. Listed below are some of the current stablecoin Dai markets: