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MIT License CC BY 4.0

🇦🇴 Angola Digital Kwanza (AOAk) — Blockchain Stablecoin

AOAk Logo


Overview

The Angolan Kwanza (AOA) has faced significant challenges due to high inflation, currency volatility, and dependence on oil revenues.

Angola Digital Kwanza (AOAk) is a blockchain-native stablecoin pegged 1:1 to the Angolan Kwanza (AOA) and backed 100% by verified USD reserves held in a secure offshore custodian bank, offering a complementary digital stablecoin infrastructure that is fully collateralized and transparent, giving both local and international users a safe, transparent, and efficient means of transacting in a Kwanza-backed digital form.

AOAk provides a transparent, secure, and programmable digital currency that addresses Angola’s need for a modern financial instrument, bridging local users with the global financial system.

  • Ticker: AOAK
  • Name: Angola Digital Kwanza (AOAk)
  • Chain: BNB Smart Chain (BSC)
  • Standard: BEP-20 (Upgradeable)
  • Backed By: 100% on-ledger verified USD reserves

🔗 Mainnet Deployment

AOAk is now live and verified on the Binance Smart Chain (BSC) Mainnet.

Network Contract Type Address Explorer
BSC Mainnet Proxy (Main) 0xFcB51D954FC49b437Bf7329998D924CBa848b595 ✅ Verified
BSC Mainnet Implementation 0xeDa958fDBA6b56fEe9d2dD6EEF02c9D8B49445E2 ✅ Verified

💡 The Proxy Address should be used for all live on-chain interactions, as it points to the verified, upgradeable implementation.


🧠 Key Details

  • Ticker: AOAK
  • Name: Angola Digital Kwanza (AOAk)
  • Chain: Binance Smart Chain (BSC)
  • Standard: ERC-20 (Upgradeable; migration-ready to ERC-3643)
  • Peg: 1 AOAk = 1 AOA
  • Reserve Backing: 100% USD reserves held with a regulated offshore custodian
  • Status: ✅ Live and Verified on BSC Mainnet

🎯 Mission & Necessity

The Angolan Kwanza (AOA) faces ongoing challenges from inflation, volatility, and limited convertibility. AOAk provides a digitally accessible, reserve-backed alternative that strengthens financial confidence and inclusion.

Benefits for Angola:

  • 💱 Stability — Reduces volatility by maintaining a 1:1 peg to the AOA.
  • Efficiency — Enables real-time payments, remittances, and e-commerce integration.
  • 🪙 Transparency — On-chain verifiability and third-party reserve audits.
  • 🌍 Global Accessibility — Bridges Angola’s local economy with digital markets worldwide.
  • 👥 Inclusion — Expands access to digital finance for underbanked communities.

For a deeper economic and policy context, see ANGOLA_ANALYSIS.md.


🧩 Repository Structure

Directory Description
contracts/ Core AOAk smart contracts (Upgradeable ERC-20)
docs/ Whitepapers, country analysis, and economic reports
branding/ Logos and marketing assets
AUDIT.md Independent audit documentation
SECURITY.md Security policy and responsible disclosure
CONTRIBUTION.md Developer contribution guidelines

🛠️ Features

  • 🔒 Secure & Upgradeable — Built with OpenZeppelin upgradeable contracts.
  • 💰 USD-Backed Reserves — Fully collateralized by U.S. dollars.
  • 🌐 Global Interoperability — Compatible with wallets, DeFi protocols, and exchanges.
  • 📊 Transparent Ledger — Real-time on-chain visibility.
  • 🧾 Compliance-Ready — Designed for future ERC-3643 (regulated token) migration.

📄 Documentation


⚖️ Disclaimer

AOAk is not licensed, endorsed, or sanctioned by the Banco Nacional de Angola (BNA) or any Angolan government entity.

It is developed and maintained independently by Abba Payments Ltd., a British Virgin Islands–registered fintech company, founded by Simon Kapenda.

All code is open-sourced under the MIT License, and documentation is licensed under CC BY 4.0.


📬 Contact


🪙 License

This project is licensed under the MIT License – see LICENSE.md for details.
Documentation is released under Creative Commons CC-BY 4.0.

About

Angola Digital Kwanza (AOAk) is a Blockchain-native stablecoin pegged 1:1 to the Angolan Kwanza (AOA) and fully backed by U.S. dollar reserves. It provides a secure, transparent, and programmable digital currency that promotes financial inclusion, enables instant payments, and bridges Angola’s economy with global financial markets.

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