@AadaFinance IS LITERALLY BREAKING its own TVL on a daily basis 🤯 84.67% gain in the last 7 DAYS. This growth rate is unprecedented. The #CARDANO ecosystem is beginning to realize who the real builders are, again I ask, what level of growth should we expect come pooled lending?
@Bocardano If you also look at the number of tokens, it screams for a much higher price. Token circulation is already high. Staking, fee sharing and the buyback mechanism will give the protocol another boost. Not to forget P2Pool. :)
My absolute favorite project.
@I_am_mobo Leaving aside that it is a great project and that the team works every day to improve and respond to its community. They also deliver a great product and i hace no doubts it's n1 defi in Cardano. Ath could easily triple in a bull market.
Just like I said, @AadaFinance KISSED that 1.48 #ADA resistance perfectly in my post below and is currently consolidating around 1.47 #ADA PER $AADA. Next resistance is at 1.55 #ADA & 1.68 #ADA. #CARDANO’s NO. 1 #DEFI.
➡️ Health Factor changes occurs from March 9th, you can check estimate changes in your Dashboard
The difference between old and new Health Factor is how we calculate the loan value: by taking estimated receiving price from DEX. It will take liquidity and loan size to account
🌟 Just yesterday, we mentioned our own TVL journey, proving that #ADA is on the rise! But today attention is for #CardanoTVL, who has reached a new all-time high!
Let's celebrate this achievement as we continue to push the boundaries of what's possible in #DeFi.
Happy day! @AadaFinance protocol is on the verge of reaching $1M in Total Value Locked! Thank you to our amazing community for your support and trust in our platform. And thats only with our current V1 P2P version, more things soon to come🙈
#Cardano#DeFi
🧵Week ago we had a thread of Shorting, this time, we are more positive and we will be going long
Longing is a strategy where a user bets that the price of a token will rise. The user sets the token which he expect to increase in price as collateral to borrow ADA
Cardano never stops improving
Earlier this month we gave a shoutout to @ImperatorLang , this time we want to give a spotlight to another team which is trying to make smartcontract coding easier and that is @aiken_eng - we are also sponsoring them on Github
🧵Ultimate shorting guide thread here or one of the use cases for Aada Finance
Shorting is a strategy where user bet against a token, hoping its price will fall. He borrows tokens, sells them, and then buys them back at a lower price, returns them and pockets the difference
💰 $AADA Buyback
We delegated locked ADA from Aada dApp to a recognized and low leverage single stake pool @SmaugPool
As per proposal, generated rewards are going to be used to buy back $AADA and store it in treasury wallet
https://t.co/utLPzcvzYU