Cardano Based ADALend Listed on CardanoCube!

ADALend, a decentralized lending platform using Cardano Blockchain, was recently listed on CardanoCube.io, a platform that provides information about dApps by providing an overview of all projects and dApps created in Cardano. The listing comes after ADALend announced its intention to use the Plutus Application Backend (PAB) to continue development of the platform.

About CardanoCube.io

CardanoCube.io is the go-to resource for information about the Cardano Blockchain and ecosystem. They provide their individual customers with unbiased, high-quality and reliable information so that they can make their own informed decisions about the products they purchase.

How will this affect ADALend?

ADALend has recently taken its place on the shelves as Cardano’s core dApp, with the potential to impact the DeFi market with its launch. ADALend’s team spent several months busy with development and providing the communities with information about the project and what it set out to achieve. ADALend plans to continue to reveal what developers are working on as more information becomes available, involving the community and allowing them to be a part of the platform as we move towards launch.

About ADALend

ADALend is developing a scalable, reliable and decentralized lending protocol that hosts users in a self-governing environment. ADALend’s protocol is based on Cardano Blockchain, which will enable the lending platform to aggregate protocols that support business models that provide economic support to billions of users.

ADALend will restore the balance of power between lenders and borrowers. By allowing digital assets to be used as collateral, the use of the platform will be diversified for the benefit of the user. The platform will be able to leverage the vast digital cash management market by leveraging the Cardano Blockchain. ADALend opens up the potential of blockchain-powered liquidity by creating a technology that allows anyone to transfer their digital currency and make it available for credit.

ADALend

Input Output Hong Kong (IOHK) has listed ADALend in its “Essential Cardano List” of projects that are considered part of the ecosystem that provides and supports Cardano users with products and services. You can find more information about ADALend from the links below:

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