Cardano founder delighted at DeFi ecosystem growth CardanoCommunity ADA $ADA CardanoADA
Cardano's Defi TVL, or total value locked, has reached 393.98 million ADA, the highest since March 2022, according to DefiLlama data.
Since the launch of the overcollateralized Djed stablecoin in late January, interest in Cardano DeFi has increased. DJED is pegged to the dollar, backed by the base coin ADA as an independent asset, and it uses SHEN as its reserve coin.Djed requires between 400% and 800% in collateral value to be posted before it is issued to a user.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cardano’s Charles Hoskinson Advocates for Ditching Banks Amid Ongoing CrisisLead: Cardano's founder Charles Hoskinson has taken to Twitter to urge the cryptocurrency industry to distance itself from unstable and volatile banks
Read more »
Cardano (ADA) Price Growth Lags, Here's What Can Drive Short-Term GrowthCardano price picked up pace after initial lag amid ongoing market upsurge
Read more »
Elon Musk Tweets This, and Cardano's Most Hyped AI Project Spikes 15%Elon Musk tweet sends Cardano's AGIX up 15%, here's why singularitynet singularity agi agix openai gpt ai artificialintelligence elonmusk musk cardano cardanoada cardanocommunity $ada $agix
Read more »
Cardano Founder Hits Back at Crypto Critics After Bank FailuresCardano founder takes jab at crypto critics in wake of bank failures CardanoADA ADA $ADA IOHK SVB CardanoCommunity
Read more »
Week in DeFi: USDC Depeg Sparks DeFi Crisis, LSD Still In and Cosmos MEV in Focus | CoinMarketCapThe circle-backed stablecoin, $USDC, depegs swiftly as part of Circle’s cash reserves are disclosed to be held at Silicon Valley Bank. Let’s see what else went down this past week in DeFi 👇
Read more »
DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a YearEthereum privacy layer aztecnetwork has sunset its Aztec Connect bridge, open-sourcing the protocol to move on to new products. BrandyBetz reports
Read more »