Cardano's first NFT lending platform offering $25,000 bounty reward before launch Web3 Cardano AadaFinance AadaV1 CardanoADA CardanoCommunity Crypto
After months of public testnet use, Aada Finance, a platform for lending digital assets, is now prepared to launch Aada V1, which would enable users to lend and borrow assets among each other using a special non-fungible token bond technique.Aada Finance intends to launch in advance of the Vasil upgrade anticipated to happen Sept. 22. In a recent tweet, Cardano founder Charles Hoskinson spoke of upcoming Vasil as something that would enable new dApps to launch.
"This is an example of the power of Vasil that's coming this month. The new features dramatically improve many different dApps and enable new dApps like Djed to be deployed on Cardano. This is just the beginning. EUTXO and Plutus are the gifts that keep on giving," he wrote. As per recent updates by IOG, 50% of the top 12 exchanges by liquidity, namely Binance, MEXC, Bitrue, AAX, WhiteBIT and BKEX, have indicated Vasil readiness. Coinbase and three other exchanges in the top 12 are in the process of updating their nodes. Ten other exchanges have indicated readiness for Vasil, while several are in the process of updating their nodes. Nearly 50% of top Cardano dApps have the"tested" status in preproduction while others remain"in testing.
This is actually an outstanding statistic. When you see a massive downturn in a marketplace, you'd typically see a double-digit decline in engagement and contribution. The fact that it holds stable means that the crypto communities overall are loyal and have a long-term mindset
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