Brand Story
30 Apr 2021, 12:06 GMT+10
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.
About NDAU
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.
About Bittrex Global
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex's cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.
Media contact:
Robert Penington
Get a daily dose of The US News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to The US News.
More InformationWASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial...
TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...
NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...
SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...
BEIJING, China: China's sales of heavy trucks could be dominated by electric vehicles by 2028, with battery-powered models potentially...
STOCKHOLM, Sweden: Apple has blocked access to the popular video game Fortnite on iPhones in the United States and through Epic Games'...
WASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial...
TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...
NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...
SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...
BEIJING, China: China's sales of heavy trucks could be dominated by electric vehicles by 2028, with battery-powered models potentially...
STOCKHOLM, Sweden: Apple has blocked access to the popular video game Fortnite on iPhones in the United States and through Epic Games'...