The Cardano Foundation recently announced the Alonzo upgrade, which will enable smart contracts and decentralized finance (DEFI) capabilities to the Cardano ecosystem.


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<li><em>Whale transactions on Cardano network surge, boosting ADA.</em></li>
<li><em>Growing Cardano ecosystem drives TVL growth and increased fees.</em></li>
</ul>
<p><a href="https://ambcrypto.com/?s=ada" target="_blank">Cardano [ADA]</a> gained attention from whale investors as the number of transactions on the network increased, according to Santiment. This could have a positive impact on ADA’s prices.</p>
<p>In the past, such transactions led to price surges. The last time there was such a surge in whale transactions, the price of ADA rose by a staggering 36%.</p>
<div><p><a target="_blank" href="https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu.jpeg"><img src="https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu.jpeg" alt srcset="https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu.jpeg 1755w, https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu-300x189.jpeg 300w, https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu-1024x645.jpeg 1024w, https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu-768x484.jpeg 768w, https://ambcrypto.com/wp-content/uploads/2023/02/FoZDnnGaUAMpcEu-1536x967.jpeg 1536w" /></a></p><p>Source: Santiment</p></div>
<hr />
<p>Read <a href="https://ambcrypto.com/predictions/cardano-price-prediction" target="_blank">Cardano’s [ADA] Price Prediction</a> 2023-2024</p>
<hr />
<h3>Large addresses get closer</h3>
<p>It’s important to note that too many large addresses in the network could end up manipulating the prices. This might harm ADA holders.</p>
<p>Despite this potential risk, the Cardano ecosystem continues to grow and attract more users. Cardano Daily reported that many dApps on the network witnessed a spike in activity. This interest in the ecosystem led to Cardano being able to generate more fees.</p>
<blockquote>
<p>Top Gainers in Cardano Ecosystem Last 24H 🚀🚀<a href="https://twitter.com/search?q=%24AGIX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$AGIX</a> <a href="https://twitter.com/singularity_net?ref_src=twsrc%5Etfw" target="_blank">@singularity_net</a> <a href="https://twitter.com/search?q=%24IAG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$IAG</a> <a href="https://twitter.com/IagonOfficial?ref_src=twsrc%5Etfw" target="_blank">@IagonOfficial</a> <a href="https://twitter.com/search?q=%24ADAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$ADAX</a> <a href="https://twitter.com/adax_pro?ref_src=twsrc%5Etfw" target="_blank">@adax_pro</a> <a href="https://twitter.com/search?q=%24RDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$RDT</a> <a href="https://twitter.com/ridotto_io?ref_src=twsrc%5Etfw" target="_blank">@ridotto_io</a> <a href="https://twitter.com/search?q=%24ADAPAD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$ADAPAD</a> <a href="https://twitter.com/ADAPadofficial?ref_src=twsrc%5Etfw" target="_blank">@ADAPadofficial</a> <a href="https://twitter.com/search?q=%24ORN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$ORN</a> <a href="https://twitter.com/orion_protocol?ref_src=twsrc%5Etfw" target="_blank">@orion_protocol</a> <a href="https://twitter.com/search?q=%24DANA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$DANA</a> <a href="https://twitter.com/ArdanaProject?ref_src=twsrc%5Etfw" target="_blank">@ardanaproject</a> <a href="https://twitter.com/search?q=%24GERO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$GERO</a> <a href="https://twitter.com/GeroWallet?ref_src=twsrc%5Etfw" target="_blank">@GeroWallet</a> <a href="https://twitter.com/search?q=%24OCC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$OCC</a> <a href="https://twitter.com/OccamFi?ref_src=twsrc%5Etfw" target="_blank">@OccamFi</a> <a href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#ADA</a> <a href="https://twitter.com/hashtag/CARDANO?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#CARDANO</a> <a href="https://t.co/gJ8txxU4Sz" target="_blank">pic.twitter.com/gJ8txxU4Sz</a></p>
<p>— Cardano Daily (@cardano_daily) <a href="https://twitter.com/cardano_daily/status/1622890409654628353?ref_src=twsrc%5Etfw" target="_blank">February 7, 2023</a></p></blockquote>
<p>The fees generated by Cardano increased by 27.1% in the last month, according to Token Terminal.</p>
<p>This growth in the <a href="https://ambcrypto.com/shorting-cardano-in-february-read-these-updates-before-you-take-a-position/" target="_blank">Cardano</a> ecosystem has been driven by increased interest in the network from developers and investors alike. The number of active developers on the network also increased, which bodes well for the future of Cardano.</p>
<p>With more developers working on the network, it is likely that new and innovative applications will be built, further increasing the network’s utility and value.</p>
<div><p><a target="_blank" href="https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM.png"><img src="https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM.png" alt srcset="https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM.png 2044w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM-300x134.png 300w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM-1024x456.png 1024w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM-768x342.png 768w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.32.23-PM-1536x684.png 1536w" /></a></p><p>Source: token terminal</p></div>
<hr />
<p>How much are <a href="https://ambcrypto.com/convert/100-ada-to-usd" target="_blank">1,10,100 ADA worth today</a>?</p>
<hr />
<h3>Cardano’s DeFi angle</h3>
<p>Besides the growing number of active developers, the TVL of Cardano also grew from $56 million to $107 million in the last month, according to DeFi Llama. This was a positive indicator of the growing demand for the network.</p>
<div><p><a target="_blank" href="https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM.png"><img src="https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM.png" alt srcset="https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM.png 2298w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM-300x100.png 300w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM-1024x342.png 1024w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM-768x257.png 768w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM-1536x513.png 1536w, https://ambcrypto.com/wp-content/uploads/2023/02/Screenshot-2023-02-08-at-2.35.55-PM-2048x684.png 2048w" /></a></p><p>Source: Defi Llama</p></div>
<p>Overall, the growing number of whale transactions and increased activity in the Cardano ecosystem could have a positive impact on the future of ADA. However, it’s essential to be mindful of the potential risks that come with large transactions and to monitor the network closely to ensure that prices are not being manipulated.</p>
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																<p>Ser Suzuki Shillsalot has 8 years of experience working as a Senior Investigative journalist at The SpamBot Times. He completed a two-hour course in journalism from a popular YouTube video and was one of the few to give it a positive rating. 
Shillsalot's writings mainly focus on shilling his favourite cryptos and trolling anyone who disagrees with him. 
P.S - There is a slight possibility the profile pic is AI-generated. You see, this account is primarily used by our freelancer writers and they wish to remain anonymous.
Wait, are they Satoshi? :/</p>
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AMBCrypto

Cardano: Whale activity and booming ecosystem propel ADA

<div><p>The Cardano ecosystem is a third-generation blockchain platform, just like protocols like Ethereum and Bitcoin.<strong> Charles Hoskinson, Ethereum&rsquo;s Co-Founder</strong>, started creating the platform in 2015, and it lastly launched out of stealth in 2017.</p><p>Cardano will help all main blockchain use circumstances like good contracts, non-fungible tokens (NFTs), and cryptocurrencies, and it already has its personal token referred to as Ada.</p><p>What&rsquo;s distinctive about Cardano is its peer-reviewed nature &ndash; each element of the ecosystem is backed by peer-reviewed analysis to make it extraordinarily secure and ultra-stable, in contrast to different protocols which might be usually unstable. At the moment, customers can commerce in a bunch of digital property belonging to the Cardano ecosystem.</p><h2>What Is the Cardano Ecosystem?</h2><p>Cardano is the world&rsquo;s first blockchain platform constructed utilizing peer-reviewed analysis to supply safe, scalable, and strong decentralization to help enterprise-grade blockchain use circumstances. Three teams have contributed to the event of the Cardano ecosystem:</p><ul><li>The Cardano Basis &ndash; An Impartial physique that defines the requirements driving Cardano and acts because the protocol&rsquo;s authorized custodian.</li><li>EMURGO &ndash; The for-profit arm of Cardano, which develops and incubates business purposes of the Cardano ecosystem and simplifies enterprise adoption.</li><li>IOHK &ndash; A expertise and engineering firm, co-founded by Charles Hoskinson, to take care of the expertise wants of the Cardano platform, together with design, construct, and upkeep.</li></ul><p>The first intention of Cardano is to supply an open and inclusive ecosystem that&rsquo;s sturdy sufficient to help the widespread adoption of blockchain purposes with out working into scalability points.</p><h2>Cardano&rsquo;s Improvement Journey</h2><p>The corporate breaks down its journey from improvement, stealth, and eventually launch, into 5 levels:</p><ul><li>Byron &ndash; The 2015&ndash;2017 years comprise the Byron period, which is when IOHK and Emurgo laid the foundations of the Cardano ecosystem. The primary iteration of its blockchain was launched throughout this time, together with its cryptocurrency token Ada. The group&rsquo;s two ADA-compatible wallets, Daedalus and Yoroi, additionally debuted throughout this era.</li><li>Shelley &ndash; the subsequent part on the roadmap targeted on decentralization and development. Within the Shelley period, extra members joined the Cardano ecosystem, and the group opened new workplaces. It additionally noticed the introduction of a rewards system to incentivize membership.</li><li>Goguen &ndash; Subsequent, decentralized apps, or dApps, had been developed for the Cardano platform, and the group additionally constructed a wise contract improvement language referred to as Plutus. This expertise is but to be formally launched, and can finally permit customers to create Cardano good contracts with out technical experience.</li><li>Basho &ndash; This era optimizes efficiency, making room for scalability, and planning for interoperability sooner or later. The group additionally targeted on sidechain implementations, or when a aspect blockchain is linked to the principle chain to allow growth, to ultimately offload important chain workloads and increase capability.</li><li>Voltaire &ndash; Voltaire is the final stage in Cardano&rsquo;s improvement, which is but to be reached. It goals to construct a self-sustaining governance system on the blockchain, just like the underlying structure that now powers the <a target="_blank" href="https://www.xrtoday.com/mixed-reality/what-is-the-metaverse/" rel="noopener">metaverse</a> platform, <a target="_blank" href="https://www.xrtoday.com/reviews/vr-reviews/decentraland-review/" rel="noopener">Decentraland</a>. The governance mechanism will energy voting, treasury techniques, and decentralized decision-making.</li></ul><p>So far, the Shelley, Goguen, and Basho tracks are working in parallel tracks. A few of the dApps for the Cardano ecosystem are already out there on CardanoCube.</p><h2>Key Options of the Cardano Ecosystem</h2><p>Cardano is constructed on the next key options:</p><h2>Ouroboros</h2><p>Ouroboros is a verifiable and safe blockchain protocol driving the ecosystem applied for the very first time by Cardano. This function permits community decentralization and makes it scalable for enterprise-scale use.</p><h2>Safety</h2><p>Safety is among the many most distinguished options of the Cardano ecosystem. To start, the Ouroboros protocol protects customers from malicious entities and Sybil assaults, or community assaults the place hackers compromise the popularity system utilizing false identities. Moreover, it employs an unspent transaction output (UTXO) mannequin, that verifies digital forex volumes after each crypto transaction.</p><h2>Open-source structure</h2><p>Practically each blockchain ecosystem is designed for the open supply, however Cardano goes a step additional with incentivized participation. Each member that joins Cardano will obtain a stake pool in its crypto token, and coin holders can even vote on essential choices concerning the platform and decide the path of its improvement. This ensures lively involvement from the Cardano group, whereas additionally being open-source.</p><h2>Cardano Stack Trade (CSE)</h2><p>CSE is a community-driven information base for Cardano, aiding builders in constructing dApps and crypto initiatives on the Cardano platform. The Cardano Stack Trade was in beta all of final yr and formally launched on Stack Trade in February 2022.</p><h2>Hydra Head</h2><p>Hydra is a set of protocols for Cardano that may allow distinctive community safety and scalability. It was developed in 2020, and in February 2022, the group <a target="_blank" href="https://iohk.io/en/blog/posts/2022/02/03/implementing-hydra-heads-the-first-step-towards-the-full-hydra-vision/" rel="noopener">announced</a> that the Hydra Head protocol was a mature proof of idea.</p><p>Hydra Heads are basically networking layers that sit between friends and an built-in Cardano ledger to mediate their exchanges. Extra protocols of this kind could also be introduced sooner or later.</p><h2>Ada</h2><p>As talked about, Ada is a cryptocurrency token designed for the Cardano ecosystem. When a person buys or earns Ada, additionally they acquire a stake within the operations of the Cardano community. It may be saved in a appropriate pockets, and ultimately, Ada holders will have the ability to use the forex for commerce and commerce on the Cardano platform.</p><h2>What Can You Do with the Cardano Ecosystem?</h2><p>Cardano is comparatively new available in the market, and most of its use circumstances are nonetheless experimental. The corporate at the moment presents a number of options for training, retail, agriculture, authorities, and healthcare industries, and extra will ultimately be added to this record.</p><p>An entire record of its dApps is offered on <a target="_blank" href="https://www.cardanocube.io/explore" rel="noopener">CardanoCube</a>, however real-world use circumstances are restricted because the platform is but to develop into extensively out there.</p><p>For now,  traders should buy digital property associated to the Cardano ecosystem, akin to ADA, ADAPAD, ADAX, and others, accessible through cryptocurrency exchanges.</p><p>As Cardano evolves, its dApp ecosystem will mature and discover real-world use circumstances amongst people and enterprises alike. Till that point, Ada and associated crypto property stay a promising funding class.</p></div>


Cryptobuzz

What Is the Cardano Ecosystem?

<div><ul><li>Cardano is one of the leading blockchain platforms currently offering enhanced scalability and speed compared to other major blockchains.&nbsp;</li></ul><ul><li>AdaLend is a Cardano based DeFi lending platform that aims at minimising the issues that the DeFi lending platforms currently go through.&nbsp;</li></ul><ul><li>ADAL token is all set for a public sale on March 14th via five launchpads.</li></ul><p>Cardano is one of the most considerable blockchains currently. This third-generation blockchain platform functions on the Proof-of-Stake(PoS), a model designed to be a compatible alternative to the Proof-of-Work(PoW) consensus. The Blockchain network was developed by technologists Charles Hoskinson, and Jeremy Wood, and Hoskinson happens to be the co-founder of Ethereum(working on the PoW). Cardano Ecosystem has emerged to be an alternative to Ethereum.&nbsp;</p><h2><strong>Features of Cardano:</strong></h2><ul><li>In comparison to Bitcoin, Carda is highly energy-efficient. It emerged as a leading environment-friendly blockchain.</li><li>Cardano&rsquo;s transaction fees of around $0.35 for each transaction are much lower than that of Ethereum.&nbsp;</li><li>Cardano can process 250 Transactions Per Second and plans to reach 1 million TPS eventually.</li><li>Cardano has been witnessing broad interest and investment with the holders of ADA, Cardano&rsquo;s native token surpassing a mark of three million.&nbsp;</li><li>Bitcoin or Ethereum was created a couple of years before Cardano, and hence, being a new blockchain platform gives it an advantage of utilising advanced and updated technologies.&nbsp;</li></ul><p>Crypto lending has lately become a very dynamic niche with more than $35 billion Total Value Locked in DeFi Lending protocols. Ethereum dominates this space, but the network has its own issues like scalability, speed, and less cost-effectiveness. And to solve these issues, Cardano came up with this fully decentralized lending protocol called AdaLend.</p><h2><strong>What is AdaLend?&nbsp;</strong></h2><p>A platform built on the Cardano network, AdaLend is a user-friendly scalable and fully decentralized Layer 1 platform and aims to solve and eliminate DeFi challenges. It offers faster loan approval, automated collateral, trustless custody, and augmented lending liquidity. It had a primary objective to unveil the next generation of fast, seamless, and secure crypto lending.&nbsp;</p><p>The Unique Characteristics of AdaLend:</p><p><strong>A Distinct Framework:</strong></p><p>This protocol focuses on improving the efficiency of capital flows managing various lending pools through $ADAL, the native token. Each of these pools has varied elements like liquidation model, borrowing and lending interest rate, and utilization ratio.&nbsp;</p><p><strong>Stimulated Liquidity</strong></p><p>Attracting Liquidity Providers to stake assets in the pools is a must for the DeFi lending platform to enable lending. AdaLend platform addresses this by offering LPs strong incentives and APY for depositing assets and boosting lending liquidity.</p><p><strong>Dynamic Lending Alternatives</strong></p><p>Lending in AdaLend is entirely permissionless, trustless and can be done on any token pairing. The protocol&rsquo;s governance makes sure that the best offers are available and that only the safest oracles are utilized to determine rates and pricing.&nbsp;</p><p><strong>Decentralized and Democratic regulation</strong></p><p>The ADAL token holders can take part in the governance of AdaLend, contributing to the proposals and the future evolution of the platform. In addition, the DAO of AdaLend creates a democratized, entirely transparent, and open access ecosystem.</p><p><strong>Idle Asset Enhancement</strong></p><p>AdaLend reduces the utilization ratio for non-stable coins and increases the token circulation. It thus maintains high liquidity levels for protocol users and offers attractive lending rates. The platform further minimizes idle assets by transferring them to stable swap platforms.&nbsp;</p><h2><strong>ADAL Token:</strong></h2><p>The ADAL token would be utilized for participation in the DAO, liquidity providers incentivization. It would be used as a reserved currency and can be swapped on demand for liquidity. The liquidators will be prioritized by the number of ADAl tokens they have staked and would be paid with the same for liquidation services.&nbsp;</p><p>The AdaLend protocol is set to offer retail investors the token on five Launchpads. It will be available on major IEO launchpads on March 14th.</p><p>These top-tier IEO launchpads are focused on communities of varied blockchains. The sale would go live on AdaPad, VelasPad, BSC Pad, PulsePad, and EthPAD.&nbsp;</p><p>And once this IEO is completed, the token will be added to the spot trading suits of primary centralized and decentralized exchanges facilitating the ecosystem to be liquid and accessible to varied retail investors.</p><h2><strong>What does the AdaLend project further plan on?</strong></h2><p>The Roadmap of AdaLend highlights its plans for the year 2022. It plans to research and develop the lending platform, AdaLend Prototype Beta Launch, Article program launch, content mining, and listings on major cryptocurrency exchanges for Quarters 1 and 2 of 2022.</p><p>And for Quarters 3 and 4, it plans for MultiChain products, Liquidity Launch, Massive Use growth, and full launch of the AdaLend protocol.&nbsp;</p><p>The ADAL token is not listed yet, but once it gets listed, it is all set to trade in the prominent crypto exchanges connected to the launchpads, with exposure to immediate liquidity and visibility. AdaLend seems to promise to bring a new wave in the DeFi lending space. It is to look forward to how the project will further emerge and perform.&nbsp;</p><p>ALSO READ: <strong>Drake Loses Bitcoin Bet As Colby Covington Knocks Masvidal IN UFC</strong></p><div><div><p><img src="https://www.thecoinrepublic.com/wp-content/uploads/gravatar/steve-anderrson.jpeg" width="250" alt="Steve Anderrson"></p><p>Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.</p><p><img src="https://www.thecoinrepublic.com/wp-content/uploads/gravatar/steve-anderrson.jpeg" width="250" alt="Steve Anderrson"></p><div><p>Latest posts by Steve Anderrson <span>(see all)</span></p></div></div></div></div><p>Source: https://www.thecoinrepublic.com/2022/03/09/adalend-a-promising-defi-lending-platform-by-cardano/</p>


BitcoinEthereumNews

ADALend: A Promising DeFi Lending Platform by Cardano

<div id="">

<p><b>BSCPad and ADAPad Public Sale On March 14th.</b></p>
<p>Cryptocurrencies and DeFi are experiencing a period of blistering growth:</p>
<ul><li aria-level="1">The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains.</li>
<li aria-level="1">Over $2.5 trillion in cryptocurrencies was traded in January 2022 alone.</li>
<li aria-level="1">Global crypto market cap is now over $2 trillion.</li>
</ul><p>Within the space, crypto lending has become the most dynamic niche. Over $35 billion TVL is in DeFi lending protocols, which is dominated by Ethereum with a 54% share of TVL as of January 2022. The problem is that Ethereum is slow, expensive, and lacks scalability:</p>
<ul><li aria-level="1">Ethereum can only manage 10 to 15 transactions per second, which means orders pile up faster that they can be posted and are delayed.</li>
<li aria-level="1">Gas costs when demand is high can be exorbitant, reaching over $50 per transaction on average in January 2022.</li>
<li aria-level="1">Ethereum&rsquo;s market share is rapidly eroding after peaking at 97% in January 2021, as developers and crypto investors flock to more flexible and versatile blockchains.</li>
</ul><p>To permanently solve DeFi&rsquo;s challenges, <a target="_blank" href="https://bit.ly/3sNCAmc" rel="noopener"><b>AdaLend </b></a>has developed a user-friendly, scalable, and fully decentralised Layer-1 platform for instant loan approval, automated collateral, trustless custody, and augmented lending liquidity. Built on the leading proof-of-stake (POS) Cardano blockchain, <a target="_blank" href="https://bit.ly/3sNCAmc" rel="noopener">AdaLend</a> aims to unleash the next generation of seamless, fast, and secure crypto lending.</p>
<p>The features of AdaLend are both innovative and powerful:</p>
<p><b>A</b> <b>Unique Architecture </b>&ndash; The <a target="_blank" href="https://bit.ly/3sNCAmc" rel="noopener">AdaLend</a> protocol aims to improve the efficiency of capital flows, managing several lending pools via the native $ADAL token. Each pool has several key components: liquidation model, utilization ratio, and borrowing/lending interest rate. The protocol provides tokenization for deposited assets, transferring the ownership of lending positions between users automatically.</p>
<p><b>Incentivised Liquidity </b>&ndash; DeFi lending protocols need to attract Liquidity Providers (LPs) to stake assets in pools to enable lending. <a target="_blank" href="https://bit.ly/3sNCAmc" rel="noopener">AdaLend</a> does this by offering LPs strong incentives and APY to deposit assets and boost lending liquidity.</p>
<p><b>Flexible Lending Options </b>&ndash; All lending in AdaLend is permissionless, trustless, and can be done on any token pairing. The protocol&rsquo;s governance ensures that the best offers are available and that only the safest oracles are used to determine pricing and rates.</p>
<p><b>Decentralised &amp; Democratic Governance </b>&ndash; All $ADAL token holders can participate actively in the governance of AdaLend, voting on proposals and determining the future evolution of the platform. The AdaLend DAO creates a democratised, open access, and fully transparent financial ecosystem geared to scale globally.</p>
<p><b>Idle Asset Optimisation </b>&ndash; AdaLend minimises the utilization ratio for non-stable coins and maximises token circulation, achieving a double goal &ndash; maintaining high liquidity levels for protocol users, and offering attractive lending rates for borrowers. In addition, AdaLend also minimises idle assets on the platform by shifting them to stable swap platforms. This means that users with tokens in cold storage can now use them to support the AdaLend protocol, earning additional rewards in the process.</p>
<p>The capabilities of the Cardano blockchain are the magic fuel that powers AdaLend&rsquo;s long-term expansion plan.</p>
<p><b>Why Cardano? AdaLend&rsquo;s Competitive Edge</b></p>
<p>Cardano is a versatile, scalable, and cost-effective Blockchain, ideal to build a next generation crypto lending platform. Created by Ethereum Co-Founder Charles Hoskinson in 2017, it is a Proof of Stake (PoS) chain where code updates are rigorously peer-reviewed. Cardano&rsquo;s advantages are clear:</p>
<p>Efficiency &ndash; Cardano is 47,000x more energy-efficient than Bitcoin, leading the space as an environmentally friendly blockchain.</p>
<p>Scaleability &ndash; Cardano can process 250 TPS, with estimates that it will be able to reach eventually 1 million TPS.</p>
<p>Cost-Effectiveness &ndash; Cardano&rsquo;s fees are currently about $0.35 per transaction, over 100x times lower than Ethereum.</p>
<p>Growing Traction &ndash; Interest and investment in Cardano has been rising consistently, with TVL reaching $133.39 million as of March 2nd, a new all-time high, and the number of wallets holding Cardano&rsquo;s native currency ADA recently surpassing the three million mark</p>
<p>Until now, Ethereum-based platforms like Aave have dominated the DeFi lending space. This is changing fast, as the DeFi market is looking for faster, cheaper, and more scalable solutions.</p>
<p><a target="_blank" href="https://bit.ly/3sNCAmc" rel="noopener">AdaLend</a> is this solution, and investors are recognising it. The September 2021 private sale sold out 1.8 Million ADAL tokens, raising $540,000, in less than one hour. AdaLend will be now be conducting a public sale on five launchpads (BSCPad, VelasPad, PulsePad, ADAPad, and ETHPad) on March 14th, to finance its growth plans. These are the most popular launchpads among investors, and allow to buy $ADAL tokens pre-sale at a discounted price. Once the $ADAL token is listed, it will trade in the major crypto exchanges connected to the launchpads, accessing immediate liquidity and visibility. With its unique features, unprecedented capabilities, and embedded scalability, AdaLend is ready to unleash the new era of DeFi lending.</p>

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