Topic: Cardana $CARD - Redefining Credit - page 2. (Read 306 times)

How does the Cardana dApp work?

Shane got into Safemoon early. He has seen his initial investment of $10,000 appreciate into $50,000 over the last 2 years. He is bullish and is happy to continue to hold his $SAFEMOON till he retires in the next 25 years.

Shane does, however, need to find $25,000 fast to help fund a family member's urgent medical procedure. Once again he does want to hold long term and look to minimize any capital gains tax (CGT) impacts from selling down his crypto assets.

So instead, Shane goes to the #Cardana dApp and submits a request to borrow $BUSD 20,000 using his $50,000 worth of $SAFEMOON holding as collateral.

Shane decides on the interest rate that he thinks is fair and reviews the terms, and then sends his $SAFEMOON as collateral via the smart contract, which will act as the custodian for the loan instance.

Soon a lender, Elaine, accepts Shane’s offer and agrees to lend him $BUSD 5,000, with another lender, Frank, lending the final $BUSD 15,000 to take the total loan amount to $BUSD 20,000.

After 1 year, Shane returns $BUSD 22,000 via the smart contract, of which $2k is being paid as interest to the lenders. Shane then withdraws all his $SAFEMOON.

(dApp is not currently live.)

Cardana continues to trend on Blockfolio and is one of the top projects.

Cardana has now over 13,000 votes on Coinsniper. Thank you!

Cointelegraph: Soaring token values, a steady inflow of new users and a total value locked (TVL) approaching all-time highs are all signs that the DeFi sector is heating up.

Cardana is reported on the front page of The Bitcoin News.

Don't forget to vote for us ✅  Let more people know about Cardana🔥  the future of P2P lending:🔥

*Coinsniper: https://coinsniper.net/coin/8894

*Coinvote: https://coinvote.cc/coin/cardana

*Freshcoins: https://freshcoins.io/lvoTD7dP12yuDiW0IKkY/coin/cardana/card

*CoinTopList: https://cointoplist.net/coin/cardana

*Gemfinder: https://gemfinder.cc/gem/1816

*Blockfolio: https://blockfolio.canny.io/coin-requests/p/cardana

*Coindiscovery: https://coindiscovery.app/coin/cardana

*Coinlisting: https://coinlisting.cc/coins/cardana/#

*Coinscope: https://www.coinscope.co/coin/card

*Coinhunter: https://coinhunters.cc/tokens/Cardana

*Cointoplist: https://cointoplist.net/coin/cardana

*Gemhunters: https://gemhunters.net/coin/cardana/

*Coinscout: https://coinscout.cc/listing/cardana/

*Coinsgods: https://coinsgods.com/coin/839

*Coingems: https://www.coingems.tech/coin/Cardana

*Coinalpha: https://coinalpha.app/token/0x88C28D94C260340BEBE32e3574D10380d0bf236a

Cardana is trending on Coinsniper and Blockfolio, and has seen its holder count increase rapidly.

[Weekly Update] Cardana has made substantial progress in expanding its geographical footprint this week!

We now have 6 active Telegram groups, namely
*KOR 🇰🇷 | t.me/Cardanakr
*VN 🇻🇳 | t.me/Cardanavietnam
*BRA 🇧🇷 | t.me/cardanabrasil
*CN🇨🇳 | t.me/cardanachina
*IND 🇮🇳 | t.me/CardanaIndia
*TRY 🇹🇷 | t.me/CardanaTurkey

We have seen our holder count increased by more than 100 this week, thanks to our influencers across the globe.
*(Azerbaijan) Crytpto Logy: https://youtu.be/LZGhOzyHIoc
*(English) Self Made: https://youtu.be/3Xt-mYRZyWw
*(English) Crypto Wave: https://youtu.be/UTJ31fLhVdw
*(English) Krypto Kid: https://youtu.be/9GfVEeW3AwM
*(Hindi) Technical Sam: https://youtu.be/6fKwDaiPjpI
*(Hindi) Cheap deals: https://youtu.be/5R3FmxQHyHM
*(Pakistan) Crypto Shanza: https://youtu.be/iXGr24VCu7A
*(Portuguese) souEngenheiro: https://youtu.be/eANgweFQ1s0

If you haven’t seen the welcome video by our Head of Community Jake, be sure to look at our pinned Telegram message.

Also, don’t forget to participate in our airdrop. Sign up before the end of the month. More information is available at https://twitter.com/CardanaFin/status/1426308425751859210

More importantly, we have made significant headway in our designs for our dApp.

Our token info has now been updated on BoggedFinance and we are following up with CoinGecko on our listing.

Next week, we will
*Expand our geographical footprint further on Telegram and YouTube;
*Continue to work with influencers;
*Work on website translations; and
*Announce the release date of our white paper (very soon)

We appreciate everyone’s support, keep hodling!

Hi Wenbinance, Thanks for your interest in Cardana. The platform will be live in later this year. We will release a prototype shortly. Stay tuned!

When will the lending platform be live? I heard it might be ready in September is that true? Very bullish on this project 🙌🏼

💵  Cardana Airdrop is live!!!

🏮 Welcome to Cardana official Global Community


Participate in our Airdrop and earn to 400 $CARD tokens for doing tasks and 5 $CARD for each referral.

Join our airdrop here:
https://t.me/CardanaAirdropBot?start

Know more about Cardana, the future of global P2P lending, in Hindi: https://www.youtube.com/watch?v=5R3FmxQHyHM&ab_channel=CHEAPDEALSCRYPTO

White paper and DApp prototype are on their way!

Our roadmap is available on our website. Feel free to ask us any question.

Cardana: The Next Coming of AMP

https://twitter.com/CardanaFin/status/1424864605453619200

We are expanding our geographical footprint. Our plan is to have a Telegram group and a website for each major country.

Join our #Telegram chat in your language:

EN | http://t.me/cardanafin
KR | http://t.me/Cardanakr
VN | http://t.me/Cardanavietnam
CN | http://t.me/cardanachina
BRA | http://t.me/cardanabrasil

Another fruitful week at Cardana!

We have reached an ATH and now have over 300 strong holders. We also expect our token information to be updated on BscScan and BoggedFinance very soon.

This week,
- We have expanded our geographical footprint to not only Brazil, but also to Russia and Korea.
- We continue to be heavily featured by influencers on YouTube
- We have made some progress on our whitepaper and our initial designs
- We have applied to BoggedFinance to update our token info.
- We have followed up with CoinGecko on our listing.

Notably, this is Money Ninjas’ second time to cover Cardana. He was super bullish with the project after seeing the traction we had over the past week and has decided to feature us again.

You can revisit last week’s videos here:
- Money Ninjas: https://www.youtube.com/watch?v=CJpK3x52YpM&ab_channel=MoneyNinjas
- Jim crypto: https://www.youtube.com/watch?v=KeWPQnO2cQk
- Shark Gains: https://www.youtube.com/watch?v=wTxv2Vcahao&ab_channel=SharkGains
- The DeFi Pub: https://www.youtube.com/watch?v=ikNPNWzPEco&feature=youtu.be&ab_channel=%E2%9A%A1TheDEFIPub%E2%9A%A1
- Krypto Kid: https://www.youtube.com/watch?v=KqlAWBc4sWU&ab_channel=Kryptokid
- KRYPTO RETICH: https://www.youtube.com/watch?v=S7BKZFsBCKY
- KRYPTO RETICH (Russian): https://www.youtube.com/watch?v=huvalPUZfNM

Next week, we will:
- Expand our geographical footprint further
- Provide more details to the community about the lending platform
- Continue to collaborate with different influencers
- Ramp up marketing on Reddit and other major platforms
- Make more headway with our designs

Thank you all for your ongoing support, and see you at the end of the week when we hit our next milestone of $2.5m!

Cardana has passed the TechRate audit today with flying colours: https://cardana.io/wp-content/uploads/2021/08/Cardana-Full-Smart-Contract-Security-Audit.pdf

Hi sukoyomi,

Thank you for your interest in the Cardana airdrop. We will make sure we promote it before the event starts so people are not going to miss it!