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ADALend (ADAL)

IDO

ADALend is building a scalable and decentralized lending protocol within the Cardano ecosystem, governed by the community.

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Overview

Project industryCrowdfunding & Lending / Cardano Ecosystem
Product typeProtocol
FoundedEstonia
WhitepaperADALend White Paper Open

What is ADALend

ADALend devotes its best to building a trustworthy decentralized lending practice governed by the Cardano system.

Within this Cardano system, ADALend will influence the flexibility of digital finance markets by providing a basis for immediate access to loans and collaterals, resulting in sustained liquidity of the blockchain assets of the lender.

The essential features that distinguish the ADALend protocol include the following:

  • Permissionless Lending on Any Pairing: Our governance will ensure that the best offers are available and that only the safest oracles are used. We guarantee trustworthy options for utilization by our clients. To achieve this feat, secure authorization channels are used, limiting the need for permission on pairing.
  • Incentivised Liquidity: Liquidity is predicated on having enough assets in each pool to facilitate lending. ADALend addresses this requirement by incentivizing users to deposit assets and provide liquidity.
  • Community Governance: Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote.
  • Ecosystem Foundation Layer: The ADALend project has the ability to attract assets and build incentives that can empower an ecosystem of financial products.

The ADALend token is a utility token based on its number of use cases—governance, lending, borrowing, and incentivization.

Details

IDO (PulsePad Launchpad): Mar 14, 2022 - Mar 14, 2022
IDO (ETHPad Launchpad): Mar 14, 2022 - Mar 14, 2022
IDO (BSCPad Launchpad): Mar 14, 2022 - Mar 14, 2022
IDO (ADAPad Launchpad): Mar 14, 2022 - Mar 14, 2022
IDO (VelasPad Launchpad): Mar 14, 2022 - Mar 14, 2022
Pre-sale token supply: 10,800,000 ADAL
Token supply: 45,000,000 ADAL
Total tokens for sale: 12,600,000 ADAL
Raised: 540,000 USD

Legal

Blockchain Platform: Cardano
Registration year: 2021

Token info

Ticker: ADAL
Type: Utility-token
Token price in USD: 1 ADAL = 1 USD
Accepted currencies: BUSD
Token distribution:
30% - Staking
15% - Development
20% - Private round
15% -Team,
15% - Treasury
,4% - Seed round
1% - Launchpad

ADALend Roadmap

1
2021 Q3 - Q4
  • Preparations
  • Marketing & brand awareness
  • Testnet Completion
  • Massive Global Marketing Campaign
  • Token Listing Submissions
  • Partnerships & integrations research
2
2022 Q1 - Q2
  • Research & Development of lending platform
  • Article program launch & content mining
  • ADALend Prototype Beta Launch
  • Listing on Major Exchanges (March, April)
3
2022 Q3 - Q4
  • Liquidity Launch
  • MultiChain Products
  • Massive User Growth
  • The full launch of the ADALend protocol

Project team

Kaspars Koskins
Kaspars Koskins
CEO
Kaspars Koskins linkedin
Ali Krynitsky
Ali Krynitsky
CTO
Ali Krynitsky linkedin
David Abashidze
David Abashidze
Community Manager
David Abashidze linkedin
Viachaslav Khrenov
Viachaslav Khrenov
Data engineer
Viachaslav Khrenov linkedin
Yauhen Vinkevich
Yauhen Vinkevich
Software Developer
Yauhen Vinkevich linkedin
Pavel Sobko
Pavel Sobko
Ruby Developer
Pavel Sobko linkedin
Ernest Kifel
Ernest Kifel
Software Developer
Ernest Kifel linkedin
Artur Antonnikau
Artur Antonnikau
Software developer
Artur Antonnikau linkedin
Euheni Sachivko
Euheni Sachivko
Software Engineer
Euheni Sachivko linkedin
Anton Savitsky
Anton Savitsky
Head of backend engineering
Anton Savitsky linkedin

Advisors

Javed Khattak
Javed Khattak
Senior Advisor
Javed Khattak linkedin

Social media

ADALend web-siteADALend RedditADALend MediumADALend TelegramADALend X (Twitter)ADALend FacebookADALend Discord

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