ADI

ADI's official token announcement on December 8, 2025 fixed the Ethereum address 0x8b14…caea. The proxy had been deployed on November 20 and later became the published L1 base token for ADI Network, chain ID 36900. That path—Ethereum proxy, bridge, native L2 gas—is the asset identity.

ADI DLT Foundation supplies the institutional story around it. The Abu Dhabi foundation says Sirius International Holding founded the project to build rails for governments and regulated finance. Companies shown in an ecosystem map are participants or partners; their names do not make them token issuers and give an ADI holder no stake in them.

The archived V1 source allowed DEFAULT_ADMIN_ROLE to mint and BURNER_ROLE to destroy its own balance. Commit 5ed5052 removed both functions at 23:51 UTC on December 6, 2025—December 7 in Abu Dhabi. The reviewed V2 keeps ERC-20 transfers, UUPS authorization and admin rescue. The repository README still summarizes older mint-and-burn features, so the executable implementation matters more than the overview.

At review, proxy storage pointed to 0x9cb8142aebbcdc60af7c97af897a67a8f3ca71c2. Safe 0x21fcdb3bc34cbce354b6a958cc12c5f5f4be1af6—three owners, two signatures required—held the admin, burner and upgrader roles. Because V2 has no public mint or burn entry point, two roles cannot currently call those removed functions. The upgrader role remains effective: the Safe can authorize replacement code without a tokenholder ballot.

Chain administration is separate again. Published addresses for Governance, Chain Admin, Proxy Admin and Validator Timelock operate the rollup, while the governance appendix says tokenholder governance has not been activated. The charter's future voting design is therefore a condition awaiting resolution and audited contracts, not a present right attached to ADI.

On ADI Chain, the token pays for transfers, smart-contract execution and L3 activity through a custom gas-token design. Official network-contract pages expose the rollup, bridge and administration addresses, making that utility more concrete than a general promise of future use.

Payments, a dirham stablecoin and RWA tokenization sit one layer higher. They are products that issuers and institutions may build on the rail. ADI Foundation describes Atlas, Airbender and configurable L3 compliance as the technical route, but speed, regulatory fit and adoption figures remain project specifications. A gas balance does not become collateral in every train that uses the track.

The published genesis number is 999,999,999 ADI, and Ethereum returned the same total on September 5, 2026. Distribution is concentrated in scheduled pools: 35% community and 25% treasury, followed by investors, partnerships and team. Monthly unlocks move already-created units; they are not new protocol issuance.

Staking uses the same distinction. Users choose a 30, 90 or 180-day lock and receive stADI. The terms call the program non-custodial and say rewards come from a pre-allocated pool rather than minting. Reward size still depends on amount, duration, boost and program parameters, and the contract disclaims any assurance that rewards will be generated.

Commit 5ed5052 changed what ADI’s current code could do before the foundation announced the token. Direct minting and burning were removed; authority to replace that code remained. As ADI pays for chain execution and allocated balances unlock, reading the present supply rule and identifying the signers who can change the next implementation belong to the same history.