# Welcome

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AstridDAO is a decentralized borrowing protocol that allows you to draw interest-free loans against multiple collateral assets (e.g. ASTR, ETH, BTC, and etc.). Loans are paid out in BAI (a USD pegged stablecoin) and need to maintain a minimum collateral ratio depending on the collateral assets you deposit. In addition to the collateral, the loans are secured by a Stability Pool containing BAI where borrowers collectively act as guarantors to ensure a fast and safe liquidation process. 

Learn more about how AstridDAO works in our documentation.

Please also [join our Discord](https://discord.gg/ADQxKt924x)!