How Join AADA Finance Initial Staking Pool Offer ISPO on Cardano DEFI
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I will show you how Join AADA Finance Initial Staking Pool Offer (ISPO) on Cardano DEFI. Aada is crypto assets lending platform. Aada is a decentralized money market protocol that enables users to lend and borrow cryptocurrencies in a trustless manner. There is a wide variety of cryptocurrencies to choose from. With addition of Cardano ERC20 converter, Aada will bring must-have functionality to DeFi ecosystem. Using pooled lending mechanism we are able to make lending easier and more available. Pooled assets make it easier to borrow and pooled assets can be used for other functions such as Flash Loan. ada is first of its kind DeFi lending protocol on Cardano. Using Aada you can: Lend and earn interests Borrow by providing overcollateralized assets Borrow undercollateralized (a.k.a flashloan) Swap deposited assets. Flashloans will allow to instantly swap deposited assets without withdrawing and re-depositing
Public Sale AADA Token Public sale is open for everyone between Cardano $ADA Holders, to participate you will be required either GOLDEN or SILVER Non-Fungible Token Ticket in your Cardano wallet address(Nami/Yoroi wallets).
Delegate to Earn - Golden Referral NFT Delegate to Earn - Golden Ticket NFT NFT Mint day - December 1st, 17:00PM EST Purchase Limits changed to 300 ADA max per wallet. Golden Ticket Max Contribution amount - 300 ADA Silver Ticket Max Contribution amount - 300 ADA
AADA Token Price: $0.35 USD per AADA token in the Golden Ticket NFT claim period that runs until 310 epoch end on December 26th. In the Silver Round AADA Token Price: $0.45 USD per AADA token. When AADA get listed on exchanges for trading, I expected price to be atleast $0.45 or more.
Intial StakePool Offering: Using the ISPO mechanism Aada allows users to delegate their ADA to the Aada staking pool in order to receive $AADA. There are three variables that determine how much AADA one will receive: Amount of ADA delegated Number of entire epochs delegated AADA reward ratio (0.005) For example, if one delegates 100 ADA for 10 epochs they will receive 5 AADA on a time of an airdrop: 1000100.005=50
In order to Earn AADA tokens, you need to stake CARDANO (ADA) on pre-approved pool called "[ISPO] Aada Finance - Stake ADA earn". Search this text on the pool search. I provide the link for those public sale pools below.
https://aada.gitbook.io/aada/public-sale-open https://aada.gitbook.io/aada/ispo/initial-stakepool-offering
As in the example above, if you stake 100 ADA for the entire 10 epochs, you will receive 5 AADA. Staking Rewards;
During the ISPO 100% of the stake rewards will go to Aada development. For each staked ADA for full epoch, you get 0.005 AADA per ADA per epoch.
You can how much stake bonus staking pool is receiving using their ISPO reward table calculator. I provide the links to it below. All you need is enter the stake_key for the pool. You can also get the community bonus as well. It tells you reward bonus per Epoc as well. As you can see it diminishes with epoch over time. Remember Epoc is 5 days.
Copy the Aada Finance pool ID and paste it under the search bar. You will see Aadafinane Stake ISPO pool show up. Currently, they are staking 18.96 Million ADA. 0.172761 of fees https://aada.finance/ispo-rewards/
AADA tokenomics: Total supply minted: 100 million AADA
Team tokens: 15% AADA DeFi Academy: 5% Staking and governance incentivization: 30% Treasury/private sale: 20% Public distribution: 30% Genesis AADA token supply was 100M. However, with Adanomics V.2 update final token supply decreased to 35.75M of AADA. 64.25M tokens planned to be burned.
Official Staking Pool for ISO: https://adapools.org/pool/c48ed34a5f24ca6dcbac194e45ed9f0b6ac720018eac038ffa9488bd https://aada.finance/
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Relevant hashtags: #cardano #DEFI #ISPO #IDO #cryptocurrency #blockchain #crytotrading #Bitcoin #defi #NFT #cryptowallet ... https://www.youtube.com/watch?v=CADNu5dk_s4
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