.png){kind=logo}
AdirizeDAO(ADI) is a new DeFi project that has shown huge prospects over the last few weeks. Also, the native token of the protocol, ADI, is on presale and looks like a decent opportunity for early investors. The new DeFi has shown a revolutionary pattern and considering the market hasn't seen anything like it before, the prospects for the token are huge.
AdirizeDAO(ADI) and Uniswap are two tokens with some similarities; however, AdirizeDAO offers a far wider range of services, including other innovative solutions built on the existing frameworks of the finance and crypto market. Adirize's main focus would be on a stablecoin solution. It aims to create a pseudo-stablecoin that would serve as a universal currency for the cryptocurrency market rather than the US dollar.
Crypto enthusiasts have expressed concerns over the years about the stablecoins like USDT, USDC, and others being under the heavy centralized influence. The cryptocurrency market has proved the power of decentralization over time. Adirize seeks to prove the need for a decentralized reserve currency that would cater to daily transactions and would be similar to stablecoins in its light.
This development of new utilities with coins like ADI would enable DeFi to be more active than usual and allow the market to be independent of the volatilities in the cryptocurrency market. Platforms like Uniswap(UNI) would account for higher turnover, and DeFi can become what the landscape should be.
Uniswap(UNI) is a decentralized exchange on the Ethereum network and one of the earliest exchanges to revolutionize the trading of crypto assets. Before the emergence of decentralized protocols like Uniswap, trading was controlled by centralized institutions like Binance using order books, and there essentially has to be someone on the other end buying what you're selling and vice versa. Decentralized platforms enabled cryptocurrency trading without the need for a centralized middleman.
Uniswap supports trading ERC-20 tokens, which is the token standard for ethereum tokens. The platform functions as an automated market maker using smart contracts. It enables users to do much more than buy and sell cryptocurrencies. Because these protocols have liquidity pools that facilitate the trading of cryptocurrency pairs, users can create liquidity pools, provide liquidity, and find many other opportunities where they can earn rewards.
Uniswap was also one of the earliest networks to launch the DAO governance, allowing holders of its UNI token to participate in the protocol governance. The UNI token is also remembered as being launched as an airdrop to early users of the protocol.
AdirizeDAO is a community-governed protocol for the Adirize ecosystem. This ecosystem is built on the Ethereum blockchain and will enable users on the ecosystem to do more. Being on the ethereum blockchain will allow the network to inherit the largest user base of DeFi and other innovative, cutting-edge features to come. AdirizeDAO hopes to be able to create wealth for its community with the number of innovations it will bring to DeFi.
Algorithmic stablecoins make for a great addition to the DeFi market. At some point, the Terra blockchain held the highest total locked value after Ethereum until the UST crash happened. AdirizeDAO has learned from the mistakes of projects like Terra, and its stablecoin solution will operate with a slightly different model.
Some of the peculiar things to note with Adirize is its token will be pegged to a decentralized reserve protocol that the community will govern. The community gets to decide the best places to hold assets, and rewards will be evenly shared amongst holders and the Adirize liquidity pool.
Adirize would have liquidity rather than rely solely on users to stake and fund liquidity pools to keep the integrity of the protocol. Also, with features like Bonding, Inverse bonds, users can find more creative ways to earn rewards than existing DeFi protocols offer.
AdirizeDAO is still very early, and you can join the presale here to be one of the biggest winners.
Presale: http://go.runfytoken.io/
Website: http://runfytoken.io/
Telegram: https://t.me/RunfyTokenOfficial
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
