ADALend dApp Goes Live on CardanoCube, Here's What This Means

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ADALend dApp Goes Live on CardanoCube, Here's What This Means
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.ADAlend_finance $ADAL, a Cardano $ADA lending protocol, goes live on CardanoCube data platform: Details Cardano

ADALend, one of the first protocols that harnesses Cardano smart contracts for decentralized lending and borrowing operations, has scored a partnership with CardanoCube data platform.According to the official announcement shared by the team of ADALend, its application is now listed by CardanoCube, a platform that tracks the performance and key metrics of decentralized applications launched on Cardano's PoS network.

By clicking"Learn More" next to the name of an interesting token, Cardano enthusiasts can see the entire set of its crucial parameters including its type, release date, net circulating token supply, direct links to its official blogs and social media platforms and so on. Last but not least, a brief description is provided for every listed project so that all potential investors can familiarize themselves with its proposition, narrative, early backers and business model.As the integration with CardanoCube allows ADALend to spread the word about its activity over the global blockchain community, its representatives claim that this is a huge milestone for ADALend:

ADALend has recently been hitting the shelves as a Cardano essential dApp that has high potential to impact the DeFi market with its launch. ADALend has had a busy couple of months with development and providing information to the communities about the project and what it is set out to accomplish. As covered by U.Today previously, Cardano's ADALend will harness the most advanced Cardano development framework so far, i.e., Plutus Application Backend .

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