Asdra Token Example
Asdra Token Economy
Asdra is the capped supply native token of Asdra Protocol and Ecosystem.
Asdra Protocol is a decentralized platform that independently handles the Asdra Governance Token and all Asdra Stable tokens FIAT : pegged currencies.
Asdra Protocol is an evolution 2.0 of the decentralized financial governance protocol built into Blockchain and smart contracts.
The demand/supply of each Stable Tokens is managed by liquidity pools passed from the Vault & Tokens Layer (Magic Hub).
The Asdra Protocol is defined in some cases as Asdra Stable tokens FIAT : pegged.
Stable Tokens currencies FIAT: Pegged value (example "AsdraUSD") can be minted only by the Vault & Tokens Layer SWAP Asdra Token for an equivalent of "AsdraUSD", at the same time "AsdraUSD" SWAP can become Asdra Token. The Pegged 1:1 USD/AsdraUSD is automatically maintained by the Vault & Tokens Layer smart contracts.

Token Circulation

The issuance and removal of Asdra from the system are governed by a complex system of interdependent mechanisms designed to ensure that Asdra Stable Tokens are always fully collateralized.
Collateralization is a delicate mechanism inside the Vault & Tokens Layer that handles autonomously price, demand and supply.
Asdra Stable Tokens Pegged FIAT currencies are also minted providing FIAT as collateral, in the coming future commodities and properties assets may also be integrated into the pegged maintaining stability.
There is no hard-coded limit on the total supply of Asdra Stable Tokens.
The total market cap of Asdra Utility Token is set at 1B tokens.

Token Distribution

The circulating supply of ASDRA tokens is set at 1 billion as a result of the community airdrop, Public ICO, Community & Exchange Development Fund. Between ICO, Community & Exchange Development Fund, and Early Stage Backers a total of 52% will be distributed to users.
To learn more about the Asdra Token Economy please visit the Token Basics details.