Multi-Collateralized Stablecoin Project AstridDAO Unveils Roadmap and Tokenomics

Multi-collateralized stablecoin project AstridDAO released its roadmap and tokenomics. AstridDAO will launch collateralization, funding and IDO in Q2; $veATID stake in Q3, go live on CEX and more. There are two main alternative tokens in the AstridDAO ecosystem, $BAI and $ATID. $BAI is used to pay for AstridDAO's loans and is redeemable against the underlying collateral at par. The availability of $BAI depends on the value of the collateral deposited and the overall collateral to debt ratio. The $ATID can be used to generate $veATID tokens with a total supply of 1 billion, of which 8% is used for deposit incentives and 5% is allocated to early contributors.