TADA token - is a Cardano based cryptocurrency token for a fuelling the TADATek platform. TADATek is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions and other services.
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TADATek is a decentralized financial infrastructure for the Cardano blockchain platform. TADA is a governance token that powers TADATek ecosystem. This is well positioned for community-led growth, development, and self-sustainability token.
When most services are fully launched, the token will be used as payment for those services, such as premium TADANFT marketplace placement, TADA KickStart placement, tokens minting, will be used as a governance token, and yield farming in TADASwap. Later we will announce our B2B solution based on Atala PRISM.
A community-managed treasury opens up a world of infinite possibilities. We hope to see a variety of experimentation, including ecosystem grants and public goods funding, both of which can foster additional TADATek ecosystem growth. TADATek has set the standard for automated liquidity provision: it is now time to set the benchmark for responsible but radical, long-term aligned on-chain governance systems.
By simply holding $TADA, even if staked in the governance pool. Voting sway and power are derived from the $TADA holdings of the participant. The reasoning behind this is that those holding more $TADA are more invested in the project. Therefore, they have a more significant incentive to succeed and prosper.
In the meantime, TADA holders will have immediate ownership of: