ADALend is building a scalable and decentralized lending proto | 🦄Uniswap🦄DeFi🦄PreSale🦄News

ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community.

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 flexibre financial markets by providing a layer for instant loan approval, automated collateral, trustless custody, and liquidity.

The future of DeFi projects depend on continuous innovation and Cardano exemplifies this:

Secure
Cardano is a proof of stake protocol that ensures mathematically proven safety. Given the increased number of cyberattacks in the crypto sector, security is crucial.

Academic backing
Cardano benefits from being one of few coins that have been reviewed by academics who largely praise it.

Multiple layers
Cardano ensures unlimited scalability and quick transactions by implementing a settlement and a computational layer.

Third-generation blockchain
Cardano is considered more reliable than other cryptocurrencies as ADA keeps overcoming challenges other platforms have encountered.

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.

Cardano focuses on moving toward an all-inclusive technological standard and open platform with unmatched security and tremendous blockchain speed, also Cardano makes use of the Ouroboros consensus algorithm, which is a Proof-of-Stake consensus system all of which result in lower transaction fees.

Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people.

Official Links:
Website
Twitter
Telegram
Medium