NDAU, the world's first adaptive digital currency, has been listed on Bittrex Global. Its appeal to the exchange's users comes from being a new category of digital asset that is optimized for long-term store of value and provides staking income.
The combined value of the approximate 5.8 million NDAU tokens in circulation has recently reached over $139 million on CoinMarketCap. The surge comes as institutional players who are joining the blockchain and cryptocurrency space seek more long-term store of value options. Investview, an influential financial technology company, has announced the addition of $1 million in NDAU to its corporate treasury balance sheet as more firms are expected to follow suit.
Director at NDAU development team Oneiro, Robert Frasca, has shared his outlook on the listing. "It's been a great season for NDAU and we're excited to top it off with a listing on Bittrex. We're certain that traders on the exchange will see what we have built not only as an alternative store of value but as a great opportunity for staking rewards."
Bittrex Global will introduce NDAU to a $600 million daily trading volume. Bittrex features "lightning-fast trades, dependable digital wallets and industry-leading security".
NDAU is focused on long-term holding. It offers an in-wallet staking program that pays participants an Economic Alignment Incentive (EAI) for holding the currency. Users who choose to lock NDAU for predetermined periods of time can receive up to 15% in yearly rewards when staked for three years. The lock periods are chosen by holders.
NDAU is an adaptive digital currency originally built by Oneiro as a true long term store of value. It is a governed and completely decentralized ecosystem built on the Tendermint protocol and is a premier DeFi solution on Cosmos Network. Designed with built-in economic structures that incentivize both stability and potential for growth, NDAU provides all the benefits of a digital currency while promoting more fair and accountable governance, dependability, and greater safety for owners not found in existing cryptocurrencies. NDAU is not pegged to fiat currencies or commodities, allowing for more desirable characteristics for long-term holders in particular. For more information on NDAU, please visit: www.ndau.io.
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