Scalable and decentralized lending protocol governed by DAO
Latest generation state of the art lending protocol
Over the last decade, the decentralized Finance (DeFi) space has been forced to evolve in order to keep pace with the development of the digital asset market.
The ADA Lend protocol will power the new wave of flexible financial markets by serving as a foundational layer for instant loan approval, automated collateral, trustless custody and liquidity.
Cardano
DeFi
The future of DeFi projects depend on continuous innovation and Cardano exemplifies this. Cardano’s strength is in the innovations based on peer-reviewed research and evidence based development.
Read MoreWhy is Cardano Superior?
Cardano was built as a collection of protocols that could offer economic support to billions of people, specifically in poor regions. Cardano is the market leader in PoS.
Features
Permissionless
Incentivised Liquidity
Community Governance
Ecosystem Foundation Layer
token details (policy id)
Total supply: 45,000,000
Blockchain development group
Kaspars Koskins
Lamar Gheljai
Javed Khattak
2023 Q3 - Q4
Start
• Marketing & brand awareness
• Testnet Completion
• Massive Global Marketing Campaign
• Token Listing Submissions
• Partnerships & integrations research
2024 Q1 - Q2
Research & Beta
• Article program launch & content mining
• ADALend Prototype Beta Launch
• Listing on Major Exchanges
2024 Q3 - Q4
Liquidity & Launch
• MultiChain Products
• Massive User Growth
• Full launch of ADALend protocol
Frequently Asked Questions
At its core, yield farming is a process that allows cryptocurrency holders to earn rewards on their holdings. With yield farming, an investor deposits units of a cryptocurrency into a lending protocol to earn interest from trading fees.
AdaLend is looking to scale and provide various assets, including LP tokens as collateral to support leveraged yield farming on the Cardano ecosystem.
A DAO works without hierarchical management and can have a large number of purposes. Freelancer networks where contracts pool their funds to pay for software subscriptions, charitable organizations where members approve donations and venture capital firms owned by a group are all possible with these organizations.
In the context of the cryptocurrency market, liquidation refers to the exchange forcibly closing a trader’s leveraged position due to a partial or full loss of the trader’s initial margin.