• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
No Result
View All Result
Breaking News: Bitcoin Soars to $21,500 On "Hated Rally," Is There Fuel To Keep Rising?
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
No Result
View All Result
NewsBTC
No Result
View All Result
Breaking News: Bitcoin Soars to $21,500 On "Hated Rally," Is There Fuel To Keep Rising?
cardano ada

Top 3 Cardano-Based Projects that are worth a look

NewsBTC by NewsBTC
11 months ago
in Company News
Reading Time: 2 mins read
Advertisement

The Cardano Blockchain is gaining momentum among cryptocurrency-based project developers. Over the years, scores of projects have been built on one of the best blockchains in the cryptocurrency space.

Below are three of the best projects on the blockchain that every cryptocurrency lover should check out:

1. Ravendex

Before Ravendex came on board, cryptocurrency lending and borrowing were nonexistent. The exchange allows users to control their private keys, so they are responsible for their assets.

Get 30 FREE SPINS at Punt Casino - NO DEPOSIT REQUIRED! Start Playing Now.
No Deposit 40 FREE SPINS at Wild.io on SIGN UP. Wheel of fortune, daily bonuses, 10 BTC in prizes monthly! Start Playing Now!

The exchange operates via the Automated Market Maker protocol on the Blockchain, and thus, can accelerate the rate of trading assets at a predetermined rate on the Cardano Ecosystem.

The decentralized exchange stands out from its peers. The project team explained that its primary goal is to make digital assets lending and borrowing possible on its dedicated platform. It uses the Alonzo Hard Fork to support this functionality as it allows smart contracts to deposit assets and earn interest in line with some pre-established rules.

Users on the Ravendex exchange who desire to trade or swap native tokens on a credible platform are free to make their dreams come true on the platform. Thanks to its eUTXO architecture, Ravendex allows exchanges to pool liquidity.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

2. Ardana

Collateral is one of the backbones of Ardana, a decentralized exchange noted for leading the stablecoins campaign. Among other things, it’s a great place to ensure the security of stored value and ensure they don’t lose their values in any type of market, even volatile markets.

The DUSD stablecoin is a Cardano-base project, with Ardana serving as the foundation. It serves a wide range of functions that include staking, minting, lending, and transfers, giving users an array of options to choose from.

Do you want to exchange stable assets and stablecoins such as the wrapped or synthetic version of Bitcoin without subjecting your transaction to overwhelming slippage? Ardana serves this purpose too.

To earn passive income from the platform, deposit your asset in the DanaSwap pool and receive regular financial rewards for it.

It also serves as a financial institution where its users can use their ADA assets to obtain DUSD loans by taking advantage of ADA’s appreciation and utility – two selling points for cryptocurrency investors.

Cardano-based decentralized finance projects that need stability and growth can count on ADA to help them achieve their goals.

3. OccamFi

Another project that deserves your attention is the Decentralized Finance project, OccamFi. It boasts enviable features, such as a liquidity pool, launchpad capabilities, and some DEX tools.

The launchpad is the founding ground for many DeFi applications besides serving as a digital asset lending and borrowing platform. You can visit the platform if you want to fund your new Cardano-based DeFi projects.

Although it has several achievements to its name, the team plans to hike the ecosystem’s value by launching a DEX shortly.

These three projects remain the leading ones on the increasingly popular Cardano Blockchain, one of the reasons why cryptocurrency enthusiasts should check them out.

Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

Litecoin Whale Transactions Set New 2023 High, Bullish Signal?

Litecoin Whale Transactions Set New 2023 High, Bullish Signal?

4 days ago
7 Crypto Predictions for 2023

7 Crypto Predictions for 2023

4 days ago
DeFi

Could LSD Fiends Power the Next DeFi Gold Rush?

5 days ago
With Interest Rate Hikes Slowing Pace, Which Cryptos are Worth Buying? BTC, ETH, AXS, & MEMAG

With Interest Rate Hikes Slowing Pace, Which Cryptos are Worth Buying? BTC, ETH, AXS, & MEMAG

5 days ago
Blockchain Evolution: How Savannah is Powering the Web3 Growth in Africa

Blockchain Evolution: How Savannah is Powering the Web3 Growth in Africa

6 days ago
Meta Masters Guild Hits $1M in Pre-sale: Learn All About This Web3 Mobile Gaming Guild

Meta Masters Guild Hits $1M in Pre-sale: Learn All About This Web3 Mobile Gaming Guild

6 days ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Metaspins

Metaspins

Review · Visit
Trust Dice

Trust Dice

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
Coinplay

Coinplay

Review · Visit
mBit

mBit

Review · Visit
Vave

Vave

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
Coinplay

Coinplay

Review · Visit

“Gold has been the best performing investment asset over the last two decades”: an interview with Easygold

January 30, 2023

The Crypto Dream Team: Binance Coin (BNB), Polygon (MATIC) and Orbeon Protocol (ORBN)

January 30, 2023

Polygon (MATIC) and Fantom (FTM) Are Losing Favor With Investors As They Turn To Snowfall Protocol (SNW) For 1000x Potential Gains!

January 30, 2023

Tezos (XTZ) shares its 12th protocol upgrade, Twitch Co-Founder’s Gaming NFT Marketplace Expands to Polygon (MATIC) Network while Snowfall Protocol (SNW) Breaks Record Highs

January 30, 2023

Snowfall Protocol Investors Happy After the Release of Snowfall DEX, Twitch Co-Founder’s Solana Gaming Platform Fractal Expands to Polygon, And Majority of Dogecoin Holders Are in Profits Despite the Meme Coin Being Down 87% From Its 2021 ATH

January 30, 2023

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Links

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2022 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play Games
  • Play Casino Games

© 2022 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.