About ADALend
ADALend devotes its best to building a trustworthy decentralized lending practice governed by the Cardano system. Within this Cardano system, ADALend will influence the flexibility of digital finance markets by providing a basis for immediate access to loans and collaterals, resulting in sustained liquidity of the blockchain assets of the lender.
ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community.Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi)space has been forced to evolve to keep pace with the development of the digital asset market. ADALend protocol will power foundational the new wave of flexible financial markets by providing a layer for instant loan approval, automated collateral, trustless custody, and liquidity.
Project Information
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StatusLive
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Main CategoryLending & Borrowing
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Release date2021
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Supply ($ADAL)45M