BAI Stablecoin(BAI)
Market Cap$210,497
Price$0.92
Total Circulating229,695
Stablecoin Information
AstridDAO is a decentralized borrowing protocol on Astar that allows you to draw interest-free loans against multiple collateral assets (e.g. ASTR, ETH, BTC, and etc.). Loans are paid out in BAI (a USD pegged stablecoin).
Category:crypto-backed
Minting and RedemptionUsing the AstridDAO app, users mint BAI by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back BAI is burned.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 229,695 |