Cardano community expresses concern about two projects CardanoADA CardanoCommunity Ardana Orbis BuildingonCardano $ADA ADA DeFi
has put up such worrying concerns. At the start of the year, Ardana claimed it had finished almost all of its product development and could have launched in a few weeks if it wanted. It did, however, make the flimsy excuse that Cardano was not ideal for protocols dealing with liquidations, claiming that it was not safe to launch without putting user funds at risk.
This stirred up concerns in the Cardano community, which sought clarifications on what that meant. The Ardana project was slammed for placing the blame for its failures on the Cardano blockchain. Given current happenings, Cardano-based lending protocol AADA Finance has removed DANA token, the native asset of the Ardana project, from its platform.
Orbis, another project that said it was halting, stated that investors had pulled out, and it had been badly affected by recent events in the crypto space. It halted its NFT project indefinitely until a continuation plan was set out for the core zk-rollup solution., who previously worked on the Orbis project, raised some concerns about the project, particularly during its token sale.
All that notwithstanding, the health of the Cardano network remains strong, with a monthly chain density of 3.41%, according to Cardano Explorer data.
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