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The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) in Liqwid Finance is up 80% in April, an update on April 30 shows. Liqwid Finance is a non-custodial money market allowing users to borrow and lend digital assets without an intermediary. Liqwid
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Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing. Original Source
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Djed is expected to go live on over 40 Cardano-based decentralized finance applications (dApps) on launch, as per a November report on The Block. Developers have simultaneously developed DjedPay, a payments application that uses djed, that would allow users to transfer the tokens to merchants and businesses. Source
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Stablecoins are tokens backed by an asset, or a basket of assets, and pegged to fiat currency, such as the U.S. dollar. They serve as an entryway to the crypto market for traditional market participants and are extensively used within the ecosystem as instruments for trading, borrowing, and lending. Original Source
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The effect of the metaverse may be clearly seen in the physical world, and it extends to all sectors. As a result of the rise, lives will transform and a truly digital era will take over. In a nutshell, the Metaverse’s possibilities are almost limitless. Cardalonia is one of the most
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sponsored BSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022 alone. Global crypto market cap is now
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SundaeSwap, the first decentralized cryptocurrency exchange on the Cardano blockchain, went live this week, but users have complained that transactions are failing and they aren't receiving their swapped tokens.Similar to Uniswap’s UNI token, which powers the automated liquidity provider, SundaeSwap has its own token, SUNDAE, but the data websites CoinMarketCap
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Many blockchains have gained traction in the world of decentralized finance. Although Cardano is not often mentioned in this context, that situation may come to change soon. Decentralized smart order routing engine deFIRE has completed its $5 million pre-IDO funding round. Building The Cardano DeFi landscape At its core, the Cardano
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