Product Overview
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Our ecosystem currently features three core products
- AIDa (AID alpha): This product facilitates two primary functions:
- Deposit: Users can deposit assets into the AIDa smart contract.
- Withdraw: Users can withdraw their deposited assets from the AIDa smart contract.
- AID: This is our primary utility token, with its supply managed through two key functions accessible via an authorized minter:
- Mint: New AID tokens can be minted by a new smart contract called “Minter”, which is in charge of checking underlying stablecoins before asking the AID contract to mint new AID.
- Burn: AID tokens can be burned, reducing their supply and potentially redeeming underlying assets.
- sAID (Staked AID): Operating as an ERC-4626 compliant vault, sAID allows users to stake their AID tokens to receive sAID in return, representing their share of the staked pool.