The Astar ecosystem has exciting news for investors. The project on Astar, AstridDAO, official declared partnering with Microsoft. The collaboration means impressive effects for the entire platform.
Microsoft is an innovation powerhouse, and introducing its technology and resources to AstridDAO means a lucrative move. Coaching and endorsing the project reflects tech giants increased attention to Astar and investment projects created on the platform.
AstridDAO, a decentralized financial market, has $BAI as its fully backed stablecoin, hard-tied to the United States dollar. Meanwhile, the marketplace joins the Microsoft Startups program. This collaboration enhances business growth and development while alleviating traditional barriers when creating a company.
The Microsoft deal brings AstridDAO access to coaching marketing and technology that other companies and competitors can access. The software company will provide AstridDAO with benefits worth up to $350,000 via Azure credits, Microsoft Teams, and Github Enterprise.
For now, investors can consider AstridDAO as the company’s future appears brighter. Meanwhile, the partnership means the most-innovative tech firm in history supporting AstridDAO.
AstridDAO commented on the move, expressing joy to join Microsoft’s startup program. The AstridDAO team promised improved services to the community with Microsoft’s high-end resources. Moreover, it plans to make $BAI a dominant stablecoin within the Polkadot and Astar ecosystem.
Anyone who hasn’t considered Astar and its ecosystem might start with the latest partnership move. The network has proven to build and innovate the future of blockchain. Moreover, Microsoft associating with the platform shows Astar is worth your consideration.
AstridDAO is a multi-collateral stablecoin and money market protocol on the Polkadot and Astar ecosystems. It allows clients to borrow BAI, a stablecoin hard-tied to the United Stated dollar against risks properties at minimum collateral and 0% interest.
The mechanism enables investors to leverage value in risk assets, including $DOT, $ASTR, $BTC, and $ETH, without selling the coins.
Astar is a leading Parachain on the Polkadot blockchain in TVL and most ETH assets. It became the top Parachain within Polkadot since winning the January 2022 Parachain auction. Moreover, Astar Network links the Polkadot platform to Cosmos, Ethereum, and top layer1 blockchains.
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