Disclaimer: The text below is a press release that was not written by Cryptonews.com.
ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO).
ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system.
The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan pools. The protocol will utilize the Cardano blockchain to flesh out DeFi potential as a viable replacement to the traditional financial sector.
Blockchains of the future will be required to have a lower
Read more on cryptonews.com