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Advanced Blockchain Invests $100,000 in AO Tokens

Advanced Blockchain AG has invested $100,000 in DAI stablecoins to farm AO tokens. The AO protocol provides a decentralized computational environment with enhanced Web3 capabilities, built on Arweave. This investment offers potential profitability through competitive annual percentage yields. AO tokens are projected to replicate Arweave's market success, with a capped supply of 21 million tokens mirroring Bitcoin's scarcity approach.

The minting process involves locking $100,000 worth of DAI into AO's audited smart contract, generating AO tokens every five minutes. These DAI tokens remain locked until February 2025 when AO tokens become tradable.

Hatem Elsayed, COO, emphasized that AO farming is part of broader strategic initiatives to optimize capital efficiency and diversify revenue streams, aiming to generate sustainable long-term value for shareholders. This farming strategy is also part of Advanced Blockchain's comprehensive liquidity management approach to achieve steady passive income.

R. H.

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