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ADAL

ADALend — the ultimate scalable and decentralized lending protocol on Cardano that is governed by the community! ADALend protocol will power the new wave of flexible financial markets by providing a layer for instant loan approval, automated collateral, trustless custody, and liquidity.

What problems does ADALend solve?

Lower Transaction & Contract Fees Higher Transaction Speeds Better Code Security & Robustness Uses Multiple Oracles Environment-Friendly

How Does ADALend Fit in the Current Ecosystem?

ADALend can be thought of as the Aave of the Cardano ecosystem. ADALend is a scalable, trustless, and decentralized lending protocol that harbors users within a self-governed environment. From day one, they committed to build natively on the Cardano blockchain, which will enable the lending platform to aggregate protocols that support business models that give economic support to billions of users. Cardano remains an excellent blockchain platform developed and established based on proven evidential techniques and thoroughly evaluated pool analysis. With this advantageous leverage derived from the capabilities of Cardano, ADALend maintains a primary objective of scaling digital assets lending practices. ADALend will bring back the balance of power between lenders and borrowers. By allowing the use of digital assets as collateral, the use of the platform will be diversified to the benefit of the user.