Scalable and decentralized lending protocol governed by DAO

Whitepaper Litepaper

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.

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

Raising the Bar

Permissionless

Lend on any pairing. Our governance will ensure that the best offers are available and that only the safest oracles are used.

Incentivised Liquidity

Liquidity is predicated on having enough assets in each pool in order to facilitate lending. ADALend addresses this requirement by incentivising users to deposit assets and provide liquidity.

Community Governance

Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote.

Ecosystem Foundation Layer

Attract assets and build incentives that can empower an ecosystem of financial products.

token details (policy id)

fef62c356a35a92ac893529d9d1a0cc53740b5c0d2987fb9671482ad4144414c

Total supply: 45,000,000

Who are we?

Blockchain development group

Kaspars Koskins

CEO

Kaspars is an experienced entrepreneur with successful businesses across finance and technology. It was Kaspars experience of working in the world of traditional consumer lending and savings that inspired him to launch ADALend. Frustrated with the low interest rates for savers and difficulty to access credit for many borrowers, Kaspar’s vision and mission for ADALend is to eliminate the banks and intermediaries, and leverage the power of the Cardano blockchain to democratize and decentralise the world of finance.

Ali Krynitsky

Technical Advisor

Ali has many years of operational experience in leading Software Development and Technology projects and has strong research and academic background, making him well suited to the research and peer-reviewed-led process of building on Cardano. Ali was previously the CEO and founder of Robatz Network, an IT company that focuses on swarming technologies and complex custom software development. Ali is passionate about the mission of Cardano to bring financial inclusion to the world and excited to bring that vision into reality with ADALend.

David Abashidze

Community Manager

David provides management for ADALend social media. By supporting communication on various social platforms, Davids main focus is to ensure that the content posted meets the brand guidelines and overall communication style.

ADALend protocol developers

Robatz Network is a software developing company delivering 360º solutions for decentralized systems : swarm algorithms, edge computing and blockchain, providing research services and developing solutions to gain a reputation of a pioneer that is brave enough to accept any of sophisticated challenges.

2021 Q3 - Q4

Start

• Preparations
• Marketing & brand awareness
• Testnet Completion
• Massive Global Marketing Campaign
• Token Listing Submissions
• Partnerships & integrations research

2022 Q1 - Q2

Research & Beta

• Research & Development of lending platform
• Article program launch & content mining
• ADALend Prototype Beta Launch
• Listing on Major Exchanges

2022 Q3 - Q4

Liquidity & Launch

• Beginning of Multichain Integrations
• MultiChain Products
• Massive User Growth
• Incentivised Bootstrapping Partnerships

2023 Q1 - Q2

• Further Multichain Integrations
• Liquidity Launch
• Liquidity Bootstrapping Architecture
• Full launch of ADALend protocol

You ask, we answer

Frequently Asked Questions

What is yield farming?

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.

How do you earn yield with ADALend?

AdaLend is looking to scale and provide various assets, including LP tokens as collateral to support leveraged yield farming on the Cardano ecosystem.

How does DAO governance work?

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.

What is liquidation?

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.

All F.A.Q.