A Wonder Entry, Gal Gadot Invests On This Cardano Protocol
Ecosystem builder running on Cardano, AdaSwap, recently announced the successful completion of a $2.5 million funding round. Launched with the objective of “establishing” the first DeFi protocols operational on this blockchain, AdaSwap saw a lot of interest from noticeable investors. Related Reading | Here’s What Cardano Founder Charles Hoskinson Wants For Christmas According to an official post, the funding round was led by iAngels, with participation from Shima Capital, Pluto Digital, GBV, Stardust, Efficient Frontier, Finova, Banter Capital, and COTI. Other investors from outside....
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Developers IOHK implemented changes to the Cardano protocol yesterday in preparation for hard forking the network. But before freaking out, unlike other blockchains, IOHK points out that the network design handles new block production rules seamlessly. “To enable a smooth transition, Cardano automatically preserves the history of previous blocks. This allows the protocol to be […]
As part of the Cardano ecosystem, ADALend builds a scalable and decentralized lending protocol, which the Cardano community will regulate. A new generation of flexible financial services for digital asset markets will be powered by the ADALend protocol, which will provide a foundation for speedy loan approval, automated collateralization, trustless custody, and liquidity in the […]
ADAlend.finance, a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round oversubscribed 400% As a reflection of the huge demand for […]
As part of its partnership with Near protocol, Ardana will build a bridge for asset transfer between Cardano and NEAR. Ardana, Cardano’s growing stablecoin hub, announced a strategic partnership with Near protocol on Nov. 23. The partnership allows for asset transfer between the two protocols in which Ardana will provide the bridging infrastructure.Ardana is a decentralized stablecoin hub built on the Cardano network. While Ardana (DANA) is its governance token, it will use dUSD as verified on-chain collateral to enable borrowers to take leverage on their Cardano (ADA) or other supported....
Cardax, a Decentralized Exchange (DEX), will be amongst the first to spearhead Cardano’s entry into a new era. Cardax is powered by the Extended Automated Market Maker (EAMM) protocol and works closely with major partners such as MLabs and Well-Typed to make sure the DEX will be running smoothly once launched later this year. Cardax […]