$fluid tokens are at the heart of the FluidTokens platform, giving power and benefits to the community holders. It's a fair launched token with a max cap of 100 millions, with a big percentage that will be available only from staking the $fluid already in circulation. Holders can vote and propose collections for verification. Borrowers will have strong tiered discounts on borrowing fees. $fluid will also soon be the only way to participate into the FluidDAO and get a proportional percentage of platform fees as passive incomes. More utilities to the token will be revealed in the upcoming months.

$fluid tokens are your ticket to participate in the first-ever revolution to bridge NFTs with DeFi.



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FluidTokens

Over $1.3 trillion in Bitcoin capital will &nbsp;be accessible to Cardano DeFi projects.Dubai, UAE – Thursday, 24 October 2024: Today, <a href="http://emurgo.io/">EMURGO</a>, a blockchain company that supports Web3 adoption via the Cardano blockchain, announces working with <a href="http://bitcoinos.build/">BitcoinOS (BOS)</a>, the smart contract operating system for Bitcoin, to extend the benefits of Bitcoin’s $1.3 trillion in capital to Cardano DeFi users without intermediaries.&nbsp;The first technical collaboration will see the integration of the BOS Grail bridge with Cardano’s open-source blockchain ecosystem. This enables trustless bridging of BTC and Bitcoin assets using BOS’s ZK-based <a href="https://cdn.prod.website-files.com/661e3b1622f7c56970b07a4c/662a7a89ce097389c876db57_BitSNARK__Grail.pdf">BitSNARK</a> verification protocol, bringing Bitcoin’s unparalleled liquidity into Cardano.&nbsp;This major adoption milestone facilitated by EMURGO enables the Cardano network to be the first Layer-1 to leverage the exceptional work of BOS that brings scalability and programmability to Bitcoin. Cardano DeFi dApps like <a href="https://fluidtokens.com/">Fluid Tokens</a> and more will integrate trustless BTC for their users to benefit from the original cryptocurrency securely through ZK-verified trustless bridging.&nbsp;Ken Kodama, founder and CEO of EMURGO said, “This collaboration with BitcoinOS has the potential to unlock new cross-chain capabilities and further strengthen Cardano by granting Cardano users, projects, and developers secure, trustless access to the Bitcoin ecosystem. Supporting a more open and interconnected Web3 environment across different blockchains helps drive innovation and the adoption of DeFi and other decentralized solutions.”Edan Yago, CEO and Co-founder of BitcoinOS said, “We are thrilled to reach this milestone with near-trustless BTC in one of the most distributed blockchains in the industry. BOS has consistently accelerated Bitcoin scaling through a full-fledged solution for dApps and L2s using the guarantees of zero-knowledge cryptography.We have changed what is fundamentally possible with Bitcoin and now we are also driving exponential growth to other ecosystems. Working with EMURGO to unlock the full potential of the Cardano ecosystem is a major testament to what BOS can do for the industry, beyond just Bitcoin.”Cardano is an open-source, decentralized blockchain platform, and the first to be founded on peer-reviewed research and development through scientific, evidence-based methods. The Cardano blockchain has processed nearly <a href="https://www.essentialcardano.io/development-update">100 million transactions</a> using an environmentally friendly and secure proof-of-stake protocol. It has more than 1,370 Web3 projects including ones for DeFi currently building applications on its platform as of October 2024.The breakthrough from BOS in the use of ZK proofs allows developers to embed data from other blockchains directly into Bitcoin transactions. In May this year, <a href="https://x.com/BTC_OS/status/1816180788938870815">BitcoinOS verified the first ZK proof on Bitcoin at block 853626</a>, demonstrating that it is now possible to build rollups on Bitcoin.&nbsp;

EMURGO

Cardano Unlocks Trustless BTC Rails through BitcoinOS Integration with EMURGO

10th of October, 2024, Zug, Switzerland: Genius Yield, the community-centric Cardano DEX, is thrilled to announce the partnership with FluidTokens, the Cardano DeFi protocol that offers users a variety of non-custodial financial services.Built on Cardano’s EUTxO smart contracts, Genius Yield offers unparalleled security while ensuring a seamless and efficient trading experience. As a community-centric DEX, Genius Yield open-sourced selected, core elements of its DEX and gives back 20% of the collected fees to $GENS stakers.FluidTokens provides non-custodial financial services on Cardano, allowing users to leverage their on-chain assets in a permissionless manner. Whether borrowing against assets or lending them out to earn an APR, FluidTokens enables decentralized financial autonomy for its users.Partnership Scope:<ul><li>Enhancing the user experience on order-book DEX-s: by combining Genius Yield’s and FluidTokens’ advanced tech and in-depth Cardano experience, both partners aim to streamline and improve the user experience for trading on order-book DEXes, emulating the smooth and familiar experience seen on centralized exchanges</li><li>Liquidity provision while retaining staking rewards: through this partnership, projects will be able to provide liquidity while maintaining their staking rewards and Catalyst voting power — an offering unique to the Cardano blockchain.</li></ul>We look forward to driving innovation and providing cutting-edge solutions for the whole Cardano community through this collaboration, leveraging the combined expertise of both teams in maximizing Cardano technology. Stay tuned for more updates!The Community DEXAt Genius Yield we firmly believe that sustainable growth can be achieved through collaboration with the Cardano community and the ecosystem. That’s why selected, core elements of our DEX were open-sourced:<ul><li><a href="https://www.geniusyield.co/marketmakerbot">Market Maker Bots</a></li><li><a href="https://www.geniusyield.co/smartorderrouter">Smart Order Routers</a></li><li><a href="https://github.com/geniusyield/atlas">Plutus Application Backend “Atlas”</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api/blob/main/geniusyield-onchain/src/GeniusYield/OnChain/DEX/README.md">DEX Smart Contracts</a></li><li><a href="https://github.com/geniusyield/dex-contracts-api">DEX API Server</a></li></ul>

Genius Yield

Genius Yield Partners with FluidTokens to improve user experience on order book DEXs

Real World Assets (RWAs) are emerging as a hot topic and a potentially strong narrative for this bull run, with major backers like BlackRock driving interest in the space. By bringing tangible assets into the digital realm, RWAs could reshape the way investors manage value, offering new opportunities within decentralized finance. This article will delve into RWAs, their benefits, on-chain gold coming to Cardano, and more.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:700/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">What is RWA?</h2>Real World Assets (RWAs) are tangible, physical assets such as real estate, commodities, or bonds, that are digitally represented on the blockchain through tokenization. This process involves creating a digital token that represents the ownership or value of a real-world asset. Tokenizing RWAs enables the integration of these assets into the blockchain ecosystem, transforming the way they are stored, tracked, and transferred. Unlike cryptocurrencies, which are purely digital, RWAs are backed by tangible assets in the real world, linking the digital space with real-world economies.Tokenized RWAs maintain all the legal rights and ownership claims of the physical assets, which are reflected in the smart contracts governing their digital counterpart. This digitization process unlocks the potential for automated asset management and seamless integration with decentralized finance (DeFi) applications. The immutable nature of blockchain ensures that ownership and transaction history can be securely tracked, providing a new level of transparency and security for managing these assets.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:700/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Benefits of RWAs</h2>Tokenizing Real World Assets (RWAs) streamlines asset management by reducing the need for intermediaries and cutting transaction costs. It also enhances global accessibility, allowing users to access previously illiquid markets. Traceability is another key advantage, as blockchain technology provides a transparent, immutable record of all transactions, reducing fraud and improving compliance. Additionally, RWAs bring liquidity to traditionally illiquid assets like real estate or commodities, allowing fractional ownership and faster settlement times. This opens up new opportunities for investors seeking diversification and risk management strategies through stable, real-world value on the blockchain.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:700/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Tokenized Gold on Cardano</h2>Multiple protocols are working tirelessly to bring gold to Cardano as the next tokenized Real World Asset. This will allow ecosystem participants to gain on-chain exposure to gold without owning the physical asset, providing opportunities for hedging against inflation or using it as a reliable store of value during uncertain times. Gold, with a market cap of over $12 trillion, has long been a hedge against market volatility and inflation, particularly during economic downturns. We’ll now delve into a few on-chain gold offerings you can look forward to in the near future.FinestFinest, an RWA Tokenization Platform <a href="https://x.com/finest_tokenize/status/1830545728990482435">announced</a> on September 2nd, 2024, that gold will be the next tokenized asset on Cardano and can be expected sooner than most think. This platform is a joint venture between NMKR, IAMX, and FluidTokens, with each entity bringing a key component to the partnership that enables it to deliver a secure, compliant, transparent, and user-centric experience Real-World Asset protocol to the Cardano blockchain. Details of the on-chain gold offering have not been announced yet however Finest suggests following them on <a href="https://x.com/finest_tokenize">X</a> and turning on notifications.You can learn more about the Finest platform here: <a href="https://www.finest.investments/">https://www.finest.investments/</a>Emurgo X Unbanked’s Kinka GoldLast week, the Cardano community saw an exciting announcement from Emurgo, bringing on-chain gold to Cardano through a partnership with Unbanked’s Kinka Gold, a subsidiary of Unbanked. Unbanked in Japan is a fintech company providing innovative financial services through blockchain, specifically tailored for users who are outside the traditional banking system.Their offerings include Kinka, a gold-backed cryptocurrency for tokenized gold investment; Crowdbank, a loan-based crowdfunding platform giving retail investors access to diverse opportunities like real estate; and Personal Capital, a corporate lending service supporting business financing. Together, these services bridge the gap between traditional finance and the blockchain economy, offering users access to secure, liquid, and scalable digital financial tools.In this partnership, Emurgo will develop an asset tokenization platform where Kinka (ticker: XNK) itself will be deployed on Cardano. Each XNK token is backed by gold and will represent one ounce of premium Japanese gold that meets all London Bullion Market Association (MBLA) standards. Each token represents ownership of a fraction of gold stored securely, allowing holders to gain exposure to gold’s value without needing to handle the physical asset. As it integrates with Cardano, Kinka will benefit from the network’s scalability, security, and smart contract capabilities, making it a unique offering within Cardano’s growing decentralized finance (DeFi) space.You can find out more about Unbanked’s Kinka token here: <a href="https://unbanked.jp/solutions/web3">https://unbanked.jp/solutions/web3</a>TVVINTVVIN is an RWA Platform that leverages blockchain technology to enable investment into tokenized Real World Assets. Gold will be the first precious metal supported on TVVIN followed by silver, platinum, and palladium. The project recently shared a preview of its Institutional Platform UI which can be viewed in the X video below.&nbsp;You can find out more about TVVIN at the following link: <a href="https://www.tvvin.com/">https://www.tvvin.com/</a><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:700/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">How Will this Benefit the Cardano Ecosystem?</h2>Integrating Real-World Assets (RWA) into Cardano’s DeFi ecosystem can unlock new investment opportunities within Cardano’s Decentralized Finance ecosystem and add additional stable value within DeFi protocols. Tokenizing assets like real estate, commodities, and bonds can attract more liquidity and ecosystem participants. Cardano’s strong security and zero downtime ensure that investors looking for exposure to RWAs will always have access to their investments, making it a reliable platform for institutional finance. This could position Cardano as a key player in attracting institutional adoption and expanding real-world use cases.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:700/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Conclusion</h2>Integrating Real-World Assets (RWA) into Cardano’s DeFi ecosystem can unlock new investment opportunities within Cardano’s Decentralized Finance ecosystem and add additional stable value within DeFi protocols. Tokenizing assets like real estate, commodities, and bonds can attract more liquidity and ecosystem participants. Cardano’s strong security and zero downtime ensure that investors looking for exposure to RWAs will always have access to their investments, making it a reliable platform for institutional finance. This could position Cardano as a key player in attracting institutional adoption and expanding real-world use cases.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:700/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy">This article is strictly for informational purposes and does not constitute a promotion or financial advice. Our aim is solely to provide users with the latest news and updates within the Cardano ecosystem.We hope this helped you get caught up with the most recent crypto news. If you enjoyed the read make sure to follow TapTools on <a href="https://twitter.com/TapTools">X</a> and join our <a href="http://discord.gg/UmrbjRTAg5">Discord</a>.

TapTools

Tokenized Gold Coming To Cardano

Since its launch in late 2021, the Cardano DeFi ecosystem has undergone significant evolution, establishing a robust and dynamic landscape. It has bootstrapped its own liquidity and advanced from the early days of Plutus V1 to the cutting-edge Aiken, enhancing transaction efficiency and throughput. With the impending arrival of Plutus V3, Cardano’s DeFi capabilities are set to expand even further. This article examines a variety of protocols within Cardanos Decentralized Finance ecosystem, including DEXs, synthetic assets, and lending platforms, as well as some promising upcoming protocols.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Decentralized Exchanges</h2><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*fYu8UgxDfI20Z6rMEzPVWw.png" alt="" loading="lazy">Cardano’s decentralized exchanges (DEXs) have been pivotal in driving the ecosystem’s growth, offering secure and efficient trading platforms. In this section, we’ll delve into the unique features and innovations of these DEXs.<h2 style="margin-left:0px;">Minswap</h2>Minswap, the first multi-pool DEX on Cardano, launched on March 8, 2022. As a community-driven platform, it has significantly contributed to the ecosystem’s development by enhancing trading capabilities. With Minswap V2 on the horizon, written in Aiken, users can look forward to substantial speed and throughput improvements. Additionally, the new version will introduce advanced pro features, a revamped UI, and more enhancements.You can find out more about Minswap <a href="https://t.co/JE66Ce2Xzf">here</a>.<h2 style="margin-left:0px;">Splash</h2>Splash, one of the most recent decentralized exchanges (DEXs) to launch on Cardano, is known for its next-generation approach to market-making and trading. It combines various AMM liquidity pools with its unique Temporal Liquidity Book (TLB), offering traders the best prices and market makers the flexibility to provide liquidity efficiently. Recently, Splash introduced a new UI and onboarded Splash partner liquidity, marking the launch of stablepools with the OADA/ADA pool.You can visit the Splash DEX and check out the project’s new UI here: <a href="https://app.splash.trade/">https://app.splash.trade/</a><h2 style="margin-left:0px;">SundaeSwap</h2>SundaeSwap, launched on January 20, 2022, is the first automated market maker (AMM) style DEX on Cardano. Recently, SundaeSwap introduced V3, which brings enhanced throughput and a wealth of new features. This upgrade has significantly boosted its performance, making it responsible for a large portion of the daily trading volume on Cardano.You can find out more about Sundaeswap at the following link: <a href="https://sundae.fi/products/sundaeswap">https://sundae.fi/products/sundaeswap</a><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Yield Protocols</h2><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*vc4ymRh7gIa-Acd2Z5UnEQ.jpeg" alt="" loading="lazy">Yield products in the Cardano ecosystem offer lenders the opportunity to earn higher returns compared to native staking. Borrowers, on the other hand, can gain staking power to earn rewards and participate in ISPOs.<h2 style="margin-left:0px;">Fluid Tokens</h2>FluidTokens is a DeFi platform on Cardano, offering a variety of innovative financial services. These include boosted staking, lending, and renting. Boosted Stake allows users to maximize their ADA staking rewards and participate in ISPOs by lending or borrowing ADA delegation rights.You can visit the FluidTokens website at the following link: <a href="https://fluidtokens.com/">https://fluidtokens.com/</a><h2 style="margin-left:0px;">Optim Finance</h2>Optim Finance is a yield protocol on Cardano, offering innovative products designed to optimize capital allocation. Its initial offerings include Liquidity Bonds and Strategy Vaults, which enable users to lend and borrow ADA staking rights and participate in automated investment strategies. In July 2024, Optim Finance launched OADA, an ADA derivative, and SOADA, a staked ADA derivative.More information about Optim Finance can be found here: <a href="https://www.optim.finance/">https://www.optim.finance/</a><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Lending Protocols</h2><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*KdTwSwv_LGAhT3OZ1-jlKQ.jpeg" alt="" loading="lazy">Lending protocols in the Cardano ecosystem come in various forms, such as pooled and peer-to-peer, offering flexible options for both lenders and borrowers.<h1 style="margin-left:0px;">LenFi</h1>LenFi, initially launched as Aada Finance on September 13, 2022, was the first lending protocol on Cardano. It introduced peer-to-peer lending to the ecosystem. Recently, LenFi launched V2, which brings pooled lending and borrowing, written in Aiken for higher throughput.The LenFi website can be found here: <a href="https://lenfi.io/">https://lenfi.io/</a><h1 style="margin-left:0px;">Levvy Finance</h1>Levvy Finance, a peer-to-peer lending protocol on Cardano, launched on June 23, 2023. The protocol allows NFT and fungible token owners to access instant liquidity by using their assets as collateral. Recently, Levvy Finance was acquired by Angel Finance, a decentralized venture capital entity within the Cardano ecosystem.You can visit Levvy Finance at the following link: <a href="https://levvy.fi/">https://levvy.fi/</a><h1 style="margin-left:0px;">Liqwid Finance</h1>Liqwid Finance, the first pooled lending protocol on Cardano, initially launched in Q4 2021. The recent launch of Liqwid V2 introduced significant enhancements, including Aqueduct for improved liquidity management, Tap for optimized transaction building, a new API for better developer integration, and a more user-friendly interfaceFind out more about Liqwid here: <a href="https://liqwid.finance/">https://liqwid.finance/</a><h2 style="margin-left:0px;">Yamfore</h2>Yamfore is a decentralized non-custodial lending protocol on Cardano. It allows users to borrow ADA by depositing collateral without the risk of liquidations or ongoing interest payments. Yamfore uses over-collateralization and provides flexible loan terms, making it a user-friendly option for crypto-backed loans on the Cardano blockchain.<blockquote>After the recent launch of Optim with the OADA — sOADA mechanism, and the upcoming launch of Butane, we believe that Yamfore, with its particular characteristics, comes to join this new wave of DeFi protocols that will improve and complement what already exists in Cardano. — <a href="https://x.com/diegomac35">Diegomac</a> | Yamfore Community Advisor</blockquote>You can visit the Yamfore website at the following link: <a href="https://www.yamfore.com/">https://www.yamfore.com/</a><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Synthetic Protocols</h2><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*JUS7kPQfwqqmHMlrg2iigw.jpeg" alt="" loading="lazy">Synthetic assets in the Cardano ecosystem offer exposure to various financial instruments without direct ownership. This section delves into the platforms providing synthetic assets on Cardano.<h1 style="margin-left:0px;">Butane</h1>Butane is a next-generation, multi-collateral synthetic protocol on Cardano. Designed for high efficiency and throughput, it leverages the Aiken programming language to allow users to create multiple Collateralized Debt Positions (CDPs) within a single transaction. Currently, Butane is on testnet, with a mainnet launch anticipated soon.<blockquote>“I’m excited to have the community using Butane soon and hope together to usher in a new era of synthetics on Cardano” — <a href="https://x.com/Dubbleu_43">Dubbleu</a> | Butane Community Manger</blockquote>More information about Butane Synthetics can be found here:<a href="https://butane.dev/">https://butane.dev/</a><h1 style="margin-left:0px;">Indigo</h1>Indigo Protocol, launched in November 2022, is the first synthetic assets protocol on Cardano. It allows users to create and trade synthetic assets, known as iAssets, which mimic the value of real-world assets such as iUSD (a stablecoin), iBTC (Bitcoin), and iETH (Ethereum). By using Collateralized Debt Positions (CDPs), users can mint these iAssets by collateralizing ADA, enabling them to engage in DeFi activities without losing out on staking rewardsThe Indigo Protocol website can be found here: <a href="https://app.indigoprotocol.io/">https://app.indigoprotocol.io/</a><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Stablecoins</h2><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*DiuW3XUQKiFXgGoZ_p9xFg.jpeg" alt="" loading="lazy">Stablecoins in the Cardano ecosystem provide price stability, crucial for transactions and DeFi activities.<h2 style="margin-left:0px;">Djed</h2>Djed is an overcollateralized algorithmic stablecoin on Cardano, issued by COTI. It maintains stability by holding a reserve of ADA and using SHEN as the reserve currency, ensuring a reliable stable value for DeFi applications on Cardano.More info on Djed can be found here: <a href="https://www.djed.xyz/">https://www.djed.xyz/</a><h2 style="margin-left:0px;">MyUSD</h2>MyUSD is a decentralized stablecoin on Cardano, created by the Mynth team. It maintains its peg through various strategies, including the minting and burning of MyUSD, providing a secure and stable cryptocurrency option for participants in the Cardano ecosystem.You can read more about MyUSD here: <a href="https://www.mynth.ai/">https://www.mynth.ai/</a><h2 style="margin-left:0px;">USDM</h2>USDM is a fiat-backed stablecoin on the Cardano blockchain, developed and issued by Moneta, previously known as Mehen. Pegged to the US dollar, it provides a stable value for transactions and savings within the Cardano ecosystem.You can read more about USDM at the following link: <a href="https://mehen.io/">https://mehen.io/</a><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*nz4jKBu5Y5gZq0bIQdDTXw.png" alt="" loading="lazy"><h2 style="margin-left:0px;">Conclusion</h2>Cardano’s DeFi ecosystem has grown remarkably since its inception, showcasing a wide array of protocols from DEXs to synthetic assets and lending platforms. With continuous advancements and the introduction of new protocols, the ecosystem is becoming more robust and dynamic. It will be fascinating to observe how Cardano’s Decentralized Finance landscape continues to evolve and innovate in the weeks and months ahead.

FluidTokens ($FLUID)

Lend and borrow using your NFTs on Cardano's first NFT-DeFi bridge.

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