Cardence is a chain agnostic incubator and launchpad of top tier blockchain projects in the Gamefi , NFTs, Metaverse and Cardano ecosystem.

Cardence provides early access to the most innovative, highly vetted and promising projects. We scrutinize projects on the basis of team structure and its ability, innovation of the idea and its feasibility, traction and its backers.

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Cardence

<img src="/site/uploads/2022/Feb/17/1_6qxaEdtGKw_IiqNQeHpjvw.jpg" alt=""> Many seasoned crypto analysts have been taken aback by the recent influx of innovative projects to the Cardano space. However, despite the ecosystem’s vibrancy, one of the factors limiting mass adoption has always been an absence of a reputable, accessible, and volatility-free Stablecoin.That’s why Cardence is enormously proud to host the public sale of ADADAO ($ADAO), the world’s first interest-free Stablecoin protocol, which leverages native Cardano assets for the creation of fully collateralized Stablecoins. ADADAO is currently the only Stablecoin project based on interest-free borrowing and is expected to become an integral part of the future Cardano ecosystem.$ADAO is the Protocol’s governance token, which allows holders to vote on important changes, such as adding a new collateral asset type with a unique set of risk parameters, choosing the set of Oracle feeds, triggering an emergency shutdown, upgrading the system, or making valuable suggestions on how to improve the project. $ADAO can also be staked to earn rewards.ADADAO also offers non-custodial vaults, with every $AUSD fully backed by on-chain collateral, and has taken every precaution to ensure the integrity of its solution. ADADAO Protocol combines good governance with careful protocol design (the Liquidation Ratio, Debt Ceilings, Governance Security Module, Oracle Security Module, Emergency Shutdown, and so on) to ensure top-notch security and mitigate malicious exploits.Schedule:Starts on 17th February 2022 at 5:00 pm UTCSale type — Guaranteed AllocationVesting- 20% unlock at TGE and 20% Linear monthly unlock for next 4 monthsParticipation details:Those who have staked at least 4k $CRDN are eligible to participate in this public sale. Your allocation depends on number of CRDN token staked and period of the stake. Larger the token and days of staking better the allocation.Note: Those who are participating in the public round will need to insert their Cardano wallet address. Please keep your Cardano wallet addresses ready if you are willing to participate.Payment Option: BUSD/USDTADADAO:<a class="au iq" href="https://adadao.org/" rel="noopener ugc nofollow" target="_blank">Website</a>&nbsp;<a class="au iq" href="https://twitter.com/adadao_org" rel="noopener ugc nofollow" target="_blank">twitter</a>&nbsp;<a class="au iq" href="https://t.me/adadao_org" rel="noopener ugc nofollow" target="_blank">telegram</a>About CARDENCE:Cardence is a chain agnostic incubator and launchpad of top tier blockchain projects in the Game-fi, NFTs, Metaverse and Cardano ecosystem.Backed by top VCs in space and partnered with mlabs and chainlink.Cardence is listed on exchanges like MEXC, BITMART, BITRUE and more.<a class="au iq" href="https://cardence.io/" rel="noopener ugc nofollow" target="_blank">Website</a>&nbsp;<a class="au iq" href="https://twitter.com/cardence_io" rel="noopener ugc nofollow" target="_blank">twitter</a>&nbsp;<a class="au iq" href="https://t.me/cardence_chat" rel="noopener ugc nofollow" target="_blank">telegram</a><div class="ir l"></div><div class="l"></div>

Cardano Feed

ADADAO to hold public sale on Cardence.io on 17th Feb

<img src="/site/uploads/2022/Feb/06/IDO-ADADAO (1).png" alt=""> Many seasoned crypto analysts have been taken aback by the recent influx of innovative projects to the Cardano space. However, despite the ecosystem’s vibrancy, one of the factors limiting mass adoption has always been an absence of a reputable, accessible, and volatility-free Stablecoin.That’s why Cardence is enormously proud to host the private sale of ADADAO ($ADAO), the world’s first interest-free Stablecoin protocol, which leverages native Cardano assets for the creation of fully collateralized Stablecoins. ADADAO is currently the only Stablecoin project based on interest-free borrowing and is expected to become an integral part of the future Cardano ecosystem.$ADAO is the Protocol’s governance token, which allows holders to vote on important changes, such as adding a new collateral asset type with a unique set of risk parameters, choosing the set of Oracle feeds, triggering an emergency shutdown, upgrading the system, or making valuable suggestions on how to improve the project. $ADAO can also be staked to earn rewards.ADADAO also offers non-custodial vaults, with every $AUSD fully backed by on-chain collateral, and has taken every precaution to ensure the integrity of its solution.&nbsp;ADADAO Protocol combines good governance with careful protocol design (the Liquidation Ratio, Debt Ceilings, Governance Security Module, Oracle Security Module, Emergency Shutdown, and so on) to ensure top-notch security and mitigate malicious exploits.Tokens on sale : 20,000,000 $ADAO Schedule : Starts on 7th February 2022 at 5:00 pm UTCSale type - FCFSParticipation details: Those who have staked at least 4k $CRDN are eligible to participate in this private sale.Min limit: There is no limitMax limit:For those who staked in the range of&nbsp;●&nbsp;&nbsp;&nbsp;&nbsp; 4000 - 10000 $CRDN -&gt;&nbsp; $3000 ●&nbsp;&nbsp;&nbsp;&nbsp; 10000 - 25000 $CRDN -&gt;&nbsp; $5000 ●&nbsp;&nbsp;&nbsp;&nbsp; 25000 - 49999 $CRDN -&gt; $7000 Limit for i-club members(Minimum 50k CRDN Staked): Max limit - $15000Note: Those who are participating in the private round will need to insert their Cardano wallet address. Please keep your Cardano wallet addresses ready if you are willing to participate. Payment Option: BUSD/USDTAbout ADADAO:<a href="https://adadao.org">Website</a> <a href="https://twitter.com/adadao_org">twitter</a> <a href="https://t.me/adadao_org">telegram</a>About CARDENCE :Cardence is a chain agnostic incubator and launchpad of top tier blockchain projects in the Gamefi, NFTs, Metaverse and Cardano ecosystem.Backed by top VCs in space and partnered with mlabs and chainlink.Cardence is listed on exchanges like MEXC, BITMART, BITRUE and more.<a href="https://cardence.io">Website</a> <a href="https://twitter.com/cardence_io">twitter</a> <a href="https://t.me/cardence_chat">telegram</a>

ADADAO to hold private sale on Cardence.io on 7th Feb

<img src="/site/uploads/2022/Jan/30/1_5Gimu0p_Ms_coK-pjveSTQ.png" alt=""> Cardence is an ecosystem which supports crypto projects throughout its lifecycle. Apart from other features, Cardence is also an accelerator as well as Incubator for Cardano focused projects.By accelerator we mean that we accelerate the journey of projects from conceptualization to execution. By incubation , we mean that we nurture idea stage projects to prepare it for launch.<h1 id="0e8e" class="ie if ct ea ig ih ii hl ij ik il hp im in io ip iq ir is it iu iv iw ix iy iz dq" data-selectable-paragraph="">Cardence Incubator Program</h1>Cardence is launching its incubator program for idea stage projects. Criterion for selection will solely be based on the idea and the team. Cardence will handhold at every stage of execution. Cardence also intends to have inhouse projects in coming days in order to maximize returns for its stakeholders.Incubated projects will be insured projects ,i.e , Cardence will take responsibility of the project’s performance in the short range and will compensate investors in case prices fall below presale price.Cardence will help these projects in the following :<ol class=""><li id="f1ae" class="hg hh ct hi b hj hk hl hm hn ho hp hq hr hs ht hu hv hw hx hy hz ia ib ic id jf jg jh dq" data-selectable-paragraph="">Design of website</li><li id="0efb" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Whitepaper preparation</li><li id="4eb0" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Tokenomics preparation</li><li id="b7f2" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Community Management</li><li id="595f" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Graphic design and content creation</li><li id="d8c2" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Development</li><li id="0e1c" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Marketing plan and execution</li><li id="c9d8" class="hg hh ct hi b hj ji hl hm hn jj hp hq hr jk ht hu hv jl hx hy hz jm ib ic id jf jg jh dq" data-selectable-paragraph="">Preparation for launch</li></ol>We intend to lead private rounds in such projects. This round is different from IDO rounds. This will happen in a closed set up and only selected few will be allowed to participate in this.<h1 id="934e" class="ie if ct ea ig ih ii hl ij ik il hp im in io ip iq ir is it iu iv iw ix iy iz dq" data-selectable-paragraph="">Eligibility</h1>This is an elite club reserved for those who hold 50000 $CRDN and stake it in a minimum 30 day lock staking pool. The more the number of tokens they hold, higher is the allocation. Allocation is directly proportional to the number of tokens being held.Private round prices will be significantly lower than Public Round IDOs. Vesting schedule will be decided on a project to project basis.We believe that it will contribute significantly to the profitability of participants who hold large number of $CRDN tokens.<a class="el em en eo ep eq er es bg et ft fu ev ew ex" href="https://medium.com/cardence?source=post_sidebar--------------------------post_sidebar--------------" rel="noopener follow"></a>

Introducing Cardence Incubator Program

<div><a href="https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-scaled.jpg" data-caption=""><img width="2560" height="1706" src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%202560%201706%22%3E%3C/svg%3E" data-src="https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-scaled.jpg" data-srcset="https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-scaled.jpg 2560w, https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-768x512.jpg 768w, https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-1536x1024.jpg 1536w, https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-2048x1365.jpg 2048w, https://blockcast.cc/wp-content/uploads/2021/12/adadao_ama-1068x712.jpg 1068w" data-sizes=" 2560px) 100vw, 2560px" alt="" title="adadao_ama"></a>1) Hello ADADAO, can you tell us about your team, as well as your experience in the cryptocurrency market? ADADAO team comprises of the following individuals:Obaid Ul Ahad: CEO – Serial Entrepreneur. Founder of cadence.io. Ex Spinny, Ex Founder Zafraa. Murshid Alam: CTO – Ex TCS, Ex IBM, Blockchain developer Ekterina B. – Developer – Haskell Developer, Metalamp Olga K.: Developer – Cardano developer, Metalamp Mr Rizwan Khan: Haskell Developer Md Danish Alam: Community Manager2) What is ADADAO about? Share with us your unique selling points. For users that might not have heard about it before, can you explain DAO to our listeners?ADADAO is a stablecoin protocol built on Cardano. ADADAO is a DeFi protocol on Cardano blockchain which facilitates the creation of fully collateralized stable coins leveraging Native Cardano Assets. The ADADAO Protocol allows users to earn AUSD by placing collateral assets into ADADAO Vaults. Every AUSD in circulation is directly backed by extra collateral, which means that the collateral is worth more than the AUSD loan, and all AUSD transactions are visible on the Cardano blockchain.DAO stands for Decentralized Autonomous Organization. A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. a DAO is an organization where decisions get made from the bottom-up; a collective of members owns the organization. There are various ways to participate in a DAO, usually through the ownership of a token.DAOs operate using smart contracts, which are essentially chunks of code that automatically execute whenever a set of criteria are met. Smart contracts are deployed on numerous blockchains nowadays, though Ethereum was the first to use them.These smart contracts establish the DAO’s rules. Those with a stake in a DAO then get voting rights and may influence how the organization operates by deciding on or creating new governance proposals.This model prevents DAOs from being spammed with proposals: A proposal will only pass once the majority of stakeholders approve it. How that majority is determined varies from DAO to DAO and is specified in the smart contracts.DAOs are fully autonomous and transparent. As they are built on open-source blockchains, anyone can view their code. Anyone can also audit their built-in treasuries, as the blockchain records all financial transactions.3) Can you tell us about ADADAO vaults and how it benefits your user base when placing tokens there?ADADAO Vaults are the repositories that are used to secure loan collateral. Assets that are accepted as collateral can be leveraged to mint ADADAO Stablecoins using smart contracts triggered through the ADADAO Vaults.Users are able to generate stablecoins while also preserving their investments in ADA. This helps them to generate liquidity out of the assets they are holding.You do have a liquidation level on the vaults, can you tell our listeners about this and how in the end this helps the Ecosystem?As AUSD is a fully collateralized stablecoin, we need to make sure that collateralization is always maintained. In the case of market volatility, sometimes the value of the collateral may fall below the required minimum level (the Liquidation Ratio). Users interact directly with Vaults and the ADADAO Protocol, and each user has total and independent control over their placed collateral as long as the value of the collateral does not fall below the required minimum level (the Liquidation Ratio).If the collateral value (in USD) goes too low, the vault is automatically liquidated. Then the Protocol auctions off a portion of the collateral to cover the outstanding debt plus the Liquidation penalty and the protocol also then burns AUSD to deplete the supply. The collateral that is left over is given to the vault owner.Liquidations make sure that AUSD is always over the collateralized asset.4) What does your marketing plan look like?Cardence has taken responsibility for all our marketing activities. It has hired Kryptoknights as its marketing partner to do the job for AdaDao. We have also partnered with many Youtubers, Telegram influencers and at the same time, we will be doing multiple IDOs in order to be able to get their communities on board. It is going to be exciting.5) What is your technology and product roadmap like?Technology Stack to be used in the development are:&nbsp;Haskell : Haskell is a purely functional programming language with type inference and lazy evaluation. Designed for a wide range of applications, Haskell has pioneered a number of advanced programming language features such as type classes, which enable type-safe operator overloading.Plutus : The Plutus Platform is the smart contract platform of the Cardano blockchain. It is based on the Haskell language.eUTXO : As opposed to the account model on Ethereum blockchain, Cardano uses eUTXO model (The extended Unspent Transaction Output model) which is based on Bitcoin’s UTXO model, and just adds a datum to the transaction, i.e., contract-specific information.The roadmap:Roadmap: <a href="https://t.co/B7bxonXB4p">pic.twitter.com/B7bxonXB4p</a>— Blockcast.cc💛💛💛 (#Crypto PR, Media, Marketing) (@Blockcastcc) <a href="https://twitter.com/Blockcastcc/status/1476165532432748549?ref_src=twsrc%5Etfw">December 29, 2021</a>6) The ADADAO protocol relies on a number of external actors, can you go over what Keepers, Oracles, as well as Global Settlers are?Keepers: Keepers are market participants who assist AUSD in maintaining its Target Price ($1) by selling AUSD when the market price is above the Target Price and buying AUSD when the market price is below the Target Price in the ADADAO Protocol. When ADADAO Vaults are liquidated, Keepers engage in Surplus Auctions, Debt Auctions, and Collateral Auctions. Keepers can be individuals trying to do arbitrage or they can be arbitrage bots doing the same task.Oracles: In order to determine when to initiate Liquidations, the ADADAO Protocol requires real-time information regarding the market price of the collateral assets in ADADAO Vaults. The Protocol’s internal collateral values are derived through a decentralized Oracle infrastructure made up of a large number of unique nodes known as Oracle Feeds. ADAO voters select a collection of reliable Feeds to send price data to the system They also have control over the number of Feeds in the set.The ADADAO Protocol takes price inputs through the Oracle Verification Module (OVM), rather than directly from the Oracles, to secure the system against an attacker attempting to obtain control of a majority of the Oracles. If an Oracle is hacked, the OVM, which acts as a layer of defence between the Oracles and the Protocol, delays the price for one hour, allowing Emergency Oracles or a ADADAO Governance vote to freeze it. ADAO holders make decisions about Emergency Oracles and the length of the price delay.Global Settlers (Emergency Oracles): ADAO voters choose Emergency Oracles, who serve as a final line of defence against attacks on the governance process or other Oracles. Because they have the capacity to unilaterally start an Emergency Shutdown, Emergency Oracles can freeze specific Oracles to reduce the danger of a significant number of clients attempting to withdraw their assets from the ADADAO Protocol in a short amount of time.7) Where are you planning to list your token?We will have multiple listings on the TGE date. We can confirm Pancakeswap and Bitmart for now, but many more CEX listings are also planned.8) Can you explain interest-free borrowing and how this differentiates you from others?The protocol basically runs on a Smart Contract which is always collateralized. As such, taking interest in loans taken in this manner is not justified.Our protocol does not force the users to hurry to return the loan as long as they can maintain the collateral.9) What are your business plans in Asia?Our protocol is interest-free and as such an attractive investment opportunity for MENA region. We are in talks with multiple VCs from China who are ready to jump in and help us in the Chinese market. We also have VC partners from Thailand, Indonesia, Vietnam and South Korea who are assisting us in these markets. Overall, we are very positive about the Asian market. Our partners will be announced shortly.10) Can you share an inspiring quote for our members? We want to learn from you.Crypto is still in its infancy. Focus more on learning and developing.Blockchain and Cryptocurrency is a revolution greater than you can imagine. Cryptocurrency(Blockchain) is directly proportional to technology and technology is not looking back.The rise of Cryptocurrency proves that people want to get back the power they deserve. All organizations around the world will eventually turn into a DAO and Adadao is a pioneer of it. We encourage democracy over authority.Stablecoins are on a rise. Adadao is perfectly blended to be above the rest.<div id="wppd-disclaimer-container"><h6>Disclaimer:</h6>Blockcast.cc does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.</div></div>

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Cardence is incubator and launchpad for top tier blockchain projects in the Gamefi , NFTs, Metaverse and #Cardano.

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