What is Adirize DAO?
The ADI token, issued by the Adirize DAO, is the ecosystem’s new reserve coin. It is a decentralized system with the dual goals of contributing to expanding the decentralized finance (DeFi) industry and resolving some of the problems that have plagued it so far. After extensive study, the team has chosen to introduce a new token, $ADI, to the cryptocurrency market to meet the need for a decentralized protocol.
With this in mind, Adirize DAO (ADI) was developed as a stablecoin. ADI isn’t a semi-centralized stablecoin like USDT or USDC. Instead, ADI intends to be a decentralized algorithmic reserve currency. Like the gold standard, ADI gives free-floating value to its users that they can always rely on, thanks to the fractional reserves from which it derives its inherent value.