ADAL side, A decentralized lending platform using the Cardano blockchain, has recently CardanoCube.io, A platform that provides information about dApps by providing an overview of all projects and dApps built on Cardano.Before the listing was an announcement by ADALend, they shared their intention to use Plutus Application Backend (PAB) Continue to develop the platform.
CardanoCube.io is the preferred resource for information about the Cardano blockchain and its ecosystem. They provide retail customers with fair, high-quality, and reliable information so that they can make their own educated decisions about the products they buy.
What does this mean for ADALend?
ADALend was recently launched as an indispensable dApp for Cardano, and its launch has great potential to influence the DeFi market. ADALend has been busy developing and providing information to the community about the project and its planned completion for several months. ADALend plans to continue to reveal what developers are doing as more information emerges, to involve the community, and to allow them to become part of the platform during the process of platform release.
ADAL side A scalable, trustless, and decentralized lending protocol is being developed to protect users in an autonomous environment. The ADALend protocol is based on the Cardano blockchain, which will enable lending platforms to aggregate protocols that support business models and provide financial support for billions of users.
ADALend will restore the balance of power between lenders and borrowers. By allowing the use of digital assets as collateral, the use of the platform will be diversified and beneficial to users.
By leveraging the Cardano blockchain, ADALend will be able to enter the huge digital cash management market. By creating a technology that allows anyone to entrust their digital cash and use it for loans, ADALend is unlocking the potential for blockchain-driven liquidity.
Input-Output Hong Kong (IOHK) has included ADALend in its “Basic Cardano List” projects, which are considered part of the ecosystem that supports Cardano users and provides products and services to Cardano users.