Welcome to Ardana
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Ardana is a DeFi hub built on the Cardano blockchain. Ardana provides Cardano's users with tried and tested DeFi primitives that will catalyze and sustain it’s financial ecosystem. The first is a decentralized stablecoin platform which enables users to leverage supported Cardano native assets by generating stablecoins against them; the second is Danaswap, which enables high-efficiency swaps between stable asset-sets, and provides a venue for liquidity providers to earn trading fees & DANA rewards for their liquidity provisioning.
Ardana is an ecosystem of independently functioning, yet symbiotically operating DeFi protocols on Cardano. From a DeFi macro-perspective, Ardana & its constituent protocols have been designed individually & collectively to function as a financial base layer for the nascent Cardano decentralized economy by using historically proven protocol models based on capital efficiency, stability, and composability.
Ardana will allow users to generate stablecoins against locked on-chain collateral. Users will be able to generate various currency stablecoins with dUSD being the premier stablecoin at launch.
The Ardana Dollar (dUSD) is a decentralized, unbiased, on-chain, collateral-backed cryptocurrency soft-pegged to the US Dollar. dUSD is held in cryptocurrency wallets or within platforms, and is supported on Cardano.
Danaswap is a decentralized exchange designed to achieve high speed & ultra-low slippage multi-asset swaps between stablecoins and stable assets using multi-asset liquidity pools. Danaswap is an automated market maker (AMM) that automatically adjusts the concentration of a pool’s liquidity within a fixed range in order to create a tight spread between assets in the liquidity pool. This enables swaps to incur minimal slippage & fees without compromising the revenue of liquidity providers.
Last modified 1yr ago