AirDAO AMB APY: Lending, Staking & Current Prices

Price of AirDAO (AMB) Today in Uganda

As of the latest data, AirDAO (AMB) is currently priced at USh 0 with a market capitalization of USh 575,156. The 24-hour trading volume stands at USh 119,551, The circulating supply of AirDAO is approximately 5560826002. The cryptocurrency has seen a -1.44% decrease in value over the past 24 hours.

E-platform	Coin	Cost
Binance	AirDAO (AMB)	0.00032 APY
BingX	AirDAO (AMB)	0.00026 APY
Bitmart	AirDAO (AMB)	0.0001084 APY
Bybit	AirDAO (AMB)	0.000668 APY
Gate.io	AirDAO (AMB)	0.0001106 APY
Kucoin	AirDAO (AMB)	0.0001086 APY

E-platform

Coin

Cost

0.00032 APY

0.00026 APY

0.0001084 APY

0.000668 APY

0.0001106 APY

0.0001086 APY

E-platform	Coin	APY
Kucoin	AirDAO (AMB)	Up to 50% APY

E-platform

Coin

APY

Kucoin

AirDAO (AMB)

Up to 50% APY

About AirDAO (AMB)

AirDAO (AMB) operates on a unique network architecture that utilizes a block time of 5 minutes, facilitating efficient transaction processing. The core technology is based on the Dagger hashing algorithm, which enhances security and performance within the network. AirDAO's consensus mechanism ensures that transactions are validated in a decentralized manner, promoting transparency and reliability. Since its inception on October 24, 2017, AirDAO has evolved significantly, recently migrating from its old contract to a new one, which underscores its commitment to technological advancement and user trust.

AirDAO (AMB) serves a variety of use cases that leverage its blockchain technology for enhanced efficiency and security. One primary application is in decentralized finance (DeFi), where users can engage in lending and borrowing activities, benefiting from competitive rates, such as the average lending rate of 50% available on platforms like Kucoin. Additionally, AirDAO facilitates the creation of decentralized applications (dApps), enabling developers to build innovative solutions that operate without centralized control. The platform's robust infrastructure also supports the tokenization of assets, allowing for seamless transfer and ownership verification, which can be applied in sectors such as real estate and supply chain management.

The tokenomics of AirDAO (AMB) is designed to promote a sustainable and dynamic ecosystem, focusing on supply mechanisms and distribution models that incentivize participation and growth. AMB tokens are distributed through various channels, including rewards for network validators and participants in the DeFi ecosystem, which encourages user engagement and liquidity. The supply of AMB is managed to ensure stability, with mechanisms in place to prevent inflation and maintain value over time. Additionally, the recent migration to a new contract reflects a strategic move to enhance the token's utility and adaptability in response to market demands, thereby fostering a robust market dynamic that supports both short-term trading and long-term holding strategies.

AirDAO (AMB) incorporates several security features to ensure the integrity and reliability of its network. The validation process is based on its Dagger hashing algorithm, which provides robust cryptographic security against potential attacks. Transactions are validated through a decentralized consensus mechanism, where network participants, or validators, are responsible for confirming the legitimacy of transactions before they are added to the blockchain. This process not only enhances security by distributing power among multiple validators but also mitigates the risk of single points of failure. Additionally, the network conducts regular audits and updates to its protocol, ensuring that any vulnerabilities are promptly addressed and that the overall security posture remains strong.

AirDAO (AMB) has established a comprehensive development roadmap that outlines its strategic objectives and major milestones. Since its inception on October 24, 2017, the project has made significant advancements, including the successful launch of its initial blockchain infrastructure and the implementation of the Dagger hashing algorithm to enhance security and performance. A notable milestone is the recent migration from its old contract to a new contract, executed to improve functionality and user experience. Future plans in the roadmap include the expansion of decentralized finance (DeFi) applications and the enhancement of governance features, aimed at fostering community engagement and participation in the network's decision-making processes.

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