Ardana is an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets, facilitating borrowing. The decentralized exchange allows for highly capital-efficient trading between stablecoins and identical assets with low risk income for liquidity providers from fees.

Users will be able to mint stablecoins of different currencies and swap between them on Danaswap, facilitating a rapid low cost international foreign exchange system accessible to all.