We are pleased to announce that ADAO will soon be established to pioneer a new direction by upholding the ideas of DAO.
The concept of DAO has had a profound impact on Web3, and thus there is an urgent desire to have a DAO that is secure while gaining revenue. Therefore, ADAO was born.
In addition to gain benefits, ADAO has more guarantees for the safety of the community. ADAO has a council composed of 10 well-known Web3 personalities to strictly screen the projects of the community thus ensuring the safety and stability of the community, and the head of Astar Incubation program, Ming-Shi, also joined the council.
What ADAO brings to community members is not only the increase in income, but also the free distribution and control of assets. Community members hold ADAO Token to vote for quality projects in the community, and finally achieve a win-win situation between the community and members.
There are four categories of benefits obtained by the community members as follows.
1. Income through Dapp Staking of ADAO
2. Getting income through ib-ASTR generated by ADAO’s Dapp Staking
3. Get 60% additional bonus from ADAO developers’ rewards
4. Vote on ADAO’s quality projects. ADAO will invest in them when the votes reach half or more, and the income obtained will be shared by the community and members.
ADAO’s vision is to contribute greatly to the prosperity of the ecosystem, as well as to participate in the bright future of Web3. So join us now!
About ADAO
ADAO will be based on dApp staking of Astar Network. Users will get some of the developer rewards while participating and gaining basic rewards.
Astar Network aims to be the biggest hub for the multi-chain era by bridging with Ethereum, Cosmos, and others. With Starlay Finance, the Astar ecosystem will be a huge marketplace for storing all kinds of tokens on any kind of chain.
