At Asdra, our mission is "Banking the Unbanked." We utilize blockchain technology and the Internet to help the less fortunate send their hard-earned money home.
The Asdra ecosystem consists of several smart contracts that allow users to use the stable tokens and make global transfers in real time. With the Asdra app, users can make a cross-border transaction almost instantly.
The World Bank and United Nations Migration Report estimate that 272 million migrants sent $689 billion through conventional banks and $1.76 trillion through underground remittances in 2020.
Underdeveloped countries often lack access to formal banks, making it difficult for money to flow between countries. Underground remittances offer a convenient alternative, but often involve high fees and are subject to unfair exchange rates.
Bitcoin and cryptocurrencies could help solve the remittance problem. They fail because of their non-scalable technology, expensive proof-of-work blockchain fees, currency volatility, and difficulty of use.
Constructed with five layers for all magic behind the scenes functionality from converting Fiat money to stable tokens, exchanging and transferring tokens, algorithmically managing stability of tokens and governance.
Involve the entire Asdra Ecosystem smart contracts tools, allowing users to take advantage of Asdra's Stablecoins extreme stability and provide real-time global remittances.
Transfer money to anywhere in the world instantly.
Exchange local currency token to destination currency token
Execute transactions in seconds with initial support of 100K TPS.
Utilizing Asdra Stable Coins to offer real-time global money transfers with the best rate on the market.
Asdra Stablecoins are created to enable reality-based pegged currencies that enable the power of the blockchain, improved speed, transparency, and stability.
Generated and Pegged
Imagine a giant digital bank that kept all the Asdra Stable Tokens in reserve, all real-world collateral provided in FIAT in exchange for Asdra Stable Tokens. And a mine that detain the profit from Asdra activities not yet distribute to Asdra Utility Tokens holders.
The operations of Asdra are fully decentralized, the secure vault that never sleeps, always available to withdraw and supply the other layers in real-time.
When FIAT is used as collateral for Asdra Stable Tokens, funds are held by our trusted custodian and powerful AI financial controls.
An advanced SWAP machine system that controls the total supply of each single stable token currency generated.
The Smart Layer automatically balances supply and demand, ensuring that for each Asdra Stable Token the pegged to real world currency is always maintained.
The Asdra Stable Token is minted by the Magic Layer algorithmically without the need to pay stability fees. The Asdra Utility Token is the raw material that makes the swap possible.
It is a great place, full of smart people with a desire to better the world around us. Asdra utility token holders are rewarded if the establishment and prosperity is maintained.
Futures implementations, change protocol parameters, fees, and collateral regulations.
Vote diligently for the Asdra Utility token to ensure that its value increases over time in addition to improving the life of Asdra's users as well as token holders.