Ardana (DANA)

Ardana is an on-chain asset backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano.

Whitepaper

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What is Ardana

The decentralized exchange allows for highly efficient trading between stablecoins and identical assets with low risk income from fees for liquidity providers. The project also aims to issue the Ardana Dollar (dUSD) which is a decentralized, on-chain, asset-backed stablecoin, that allows users to mint, spend, send and receive dUSD across the Cardano blockchain. Beyond this, Ardana will serve as a hub for other projects and developers to build on top of and gain access to stable liquidity on Cardano blockchain creating a sustainable ecosystem focused on a strong foundation of decentralized liquidity.

The network will be powered and governed by the Ardana token (DANA)where holders can profit from engagement in Ardana's various yield generating services, make proposals on the general project direction and vote to determine variables controlling the system.