Public Sale of ADAPad Pad and BSCPad on March 14,
A period of rapid growth is being experienced by cryptocurrencies like DeFi.
- DeFi protocol tokens’ total value locked (TVL), increased 357% to $255.39 trillion among all other blockchains.
- In January 2022, cryptocurrencies were worth more than $2.5 trillion.
- The global crypto market is worth more than $2 trillion.
Crypto lending is the fastest growing niche in the sector. DeFi lending protocols have a total of $35 billion TVL. Ethereum holds 54% of TVL, and this market is dominating with over $35 billion TVL. Ethereum, however, is slow and expensive. It also lacks scaleability.
To permanently solve DeFi’s challenges, AdaLend has developed a user-friendly, scalable, and fully decentralized Layer-1 platform for instant loan approval, automated collateral, trustless custody, and augmented lending liquidity. AdaLend was built on top-of the-line proof-ofstake (POS), Cardano blockchain and is looking to create the next generation for seamless, fast, and safe crypto lending.
AdaLend features are powerful and innovative.
A Unique Architecture – The AdaLend protocol aims to improve the efficiency of capital flows, managing several lending pools via the native $ADAL token. Every pool is composed of several components, including a liquidation model, utilization rate, borrowing/lending rates, and a liquidity plan. This protocol allows tokenization of deposited assets and automatically transfers ownership between users.
Incentivised Liquidity – DeFi lending protocols need to attract Liquidity Providers (LPs) to stake assets in pools to enable lending. AdaLend offers LPs incentives to invest in assets, and APY for lending liquidity.
Flexible lending options – All lending in AdaLend is permissionless, trustless, and can be done on any token pairing. The protocol’s governance ensures that the best offers are available and that only the safest oracles are used to determine pricing and rates.
Decentralized & Democratic Governance – All $ADAL token holders can participate actively in the governance of AdaLend, voting on proposals and determining the future evolution of the platform. AdaLend DAO provides a globally scaled, transparent and democratic financial ecosystem.
Idle Asset Optimisation – AdaLend minimizes the utilization ratio for non-stable coins and maximizes token circulation, achieving a double goal – maintaining high liquidity levels for protocol users, and offering attractive lending rates for borrowers. AdaLend reduces the number of idle assets by moving them to stable swap exchanges. By doing this, token holders who are in cold storage will be able to utilize them for AdaLend support and receive additional rewards.
The capabilities of the Cardano blockchain are the magic fuel that powers AdaLend’s long-term expansion plan.
Cardano is the right choice AdaLend’s Competitive Edge
Cardano can build next-generation cryptocurrency lending platforms. It is flexible, scalable, cost-effective, and versatile. In 2017, Charles Hoskinson (Ethernet Co-Founder) created it as a Proof of Stake (PoS), where all code changes are thoroughly peer-reviewed. Cardano’s advantages are clear:
Efficiency – Cardano is 47,000x more energy-efficient than Bitcoin, leading the space as an environmentally friendly blockchain.
Scalability – Cardano can process 250 TPS, with estimates that it will be able to reach eventually 1 million TPS.
Cost-Effectiveness – Cardano’s fees are currently about $0.35 per transaction, over 100x times lower than Ethereum.
Growing Traction – 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’s native currency ADA recently surpassing the three million mark
Aave and other Ethereum-based DeFi platforms have been the dominant players in this market. The DeFi market seeks faster, more affordable, and more flexible solutions.
AdaLend offers this solution and is being recognized by investors. Private sale September 2021 sold out 1.8 Million ADAL In less than an hour, tokens raised $540,000. AdaLend will now hold a public sales on five launchpads on March 14th (VelasPad. PulsePad. ADAPad. and ETHPad). This sale is to help fund the company’s growth plans. These are some of the most sought-after launchpads for investors. They allow you to pre-sale $ADAL tokens. The $ADAL token will be listed on the main crypto exchanges that are connected to them, allowing investors immediate liquidity and visibility. AdaLend, with its innovative features and unparalleled capabilities as well as embedded scalability is set to bring the next era in DeFi lending.