Cardana

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Cardana

Cardana

@CardanaFin

Cardana is an international #P2P #crypto #lending platform that aims to redefine credit with #blockchain technology | https://t.co/nU0dw7SSVb | https://t.co/L9CilVKiFz

Katılım Temmuz 2021
85 Takip Edilen12.4K Takipçiler
Cardana
Cardana@CardanaFin·
Send collateral to the designated address. Then, you are ready to go!
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Cardana@CardanaFin·
Once you've confirmed the loan details, get ready to post collateral.
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Cardana@CardanaFin·
Review the loan details before sending the collateral.
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Cardana@CardanaFin·
Collateral will not be lent to other borrowers, in what is called rehypothecation, a practice similar to the way subprime loans were repackaged and sold as mortgage-backed securities and then resold as collateralized debt obligations.
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Cardana@CardanaFin·
At Cardana, you can select not only the interest rate, but also the collateral.
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Cardana@CardanaFin·
While the DeFi lending protocols developed on Ethereum blockchain might face transaction processing delays due to congestion, the Binance network is highly efficient, with transactions being processed almost instantly.
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Cardana@CardanaFin·
It's simple. Just let the dapp know how much you want to borrow, what the interest rate should be and for how long.
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Cardana@CardanaFin·
Your collateral will only be used for the pre-specified purposes, as written in the smart contract and made verifiable to anyone.
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Cardana@CardanaFin·
Cardana offers variety.
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Cardana@CardanaFin·
2. Popular Major DeFi platforms accept mainly stable coins and mega cap coins, such as Bitcoin, Ethereum and Litecoin. BSC tokens remain an untapped area of opportunities as the number BSC token holders massively increased.
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Cardana@CardanaFin·
1. Truly Decentralized There is no KYC. Anyone can use the platform and there is no discrimination. Also, interest rates are set automatically by the smart contract and not by a central administration, ensuring transparency and consistency.
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Cardana@CardanaFin·
Borrow and lend with Cardana. It's easy and quick.
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Cardana@CardanaFin·
Sign in with your wallet. 100% privacy and 0 credit check. Menu page coming out tomorrow!
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Cardana@CardanaFin·
Crypto and DeFi are becoming more widely adopted. What's the latest? SkyBridge Capital’s Anthony Scaramucci is stepping up his firm’s move into the cryptocurrency world. cnbc.com/2021/09/13/sca…
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Cardana@CardanaFin·
We’ve been working on our dApp and will be revealing the design from time to time, starting with our dashboard. Let us know your thoughts!
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Cardana@CardanaFin·
7. Global user base Unlike local or regional banks, our borrowers and lenders come from every part of the world. This offers diversification benefits to users and substantially increases the demand for our services.
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Cardana@CardanaFin·
We are working on a solution. And we are still working on the decentralized application designs and will do everything in our power to turn this around. Thank you for your patience. Here's a sneak peak of one of the designs that we've received from our designers.
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Cardana@CardanaFin·
This has also caused a panic selling from many of other holders. As you are aware, the liquidity is already thin in projects like this (7% of market cap at the time) which had caused a multiplier effect on our market cap and price.
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Cardana@CardanaFin·
Hi Everyone, We understand that yesterday might not be the best of days for Cardana. Unfortunately we had one of our core members deciding to move on from this project with some of his early investors he brought on board.
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