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Highlights
- ADALend is a Cardano-based protocol, focusing on unleashing the next-gen instant, seamless and safe crypto lending.
- Today, it conducts a public sale on five popular launchpads to finance its growth plans.
- The said launchpads include ADAPad, BSCPad, ETHPad, PulsePad and VelasPad.
The cryptocurrency market continues to be impacted as the Russia-Ukraine war enters its 18th day. At the time of writing, the global crypto market cap declined by 1.39% and stood at US$1.72 trillion.
Amid the ongoing geopolitical tensions, one crypto which is garnering the attention is ADALend.
Source: © 2022 Kalkine Media®
Know ADALend
Cardano-based ADALend with its native token being ADAL aims to become a trustworthy decentralised lending protocol for prompt loan approvals, automated collaterals as well as trustless custody.
Must Read: Fantom, Cardano, Solana- All about 3 altcoins seen as Ethereum killers in 2022
In other words, its fully decentralised, user-friendly and scalable Layer-1 platform ensures the sustained liquidity of the lender's blockchain assets.
Moreover, developed on Cardano’s POS mechanism, ADALend boasts offering the next generation of swift, seamless and secure crypto lending.
Further, all its tokenholders can play a part in the governance of ADALend and can decide on proposals and shape up the future evolution of the platform.
Interesting Read: Why did Cardano soar after SundaeSwap’s testnet launch?
ADALend’s public sale to go live today
Being cost-effective and scalable, tech-savvy investors recognise ADALend’s significance. Last year, 1.8 million ADAL coins were sold in less than an hour in a private sale.
Today, i.e., on 14 March, ADALend is conducting a public sale on five popular launchpads, namely ADAPad, BSCPad, ETHPad, PulsePad, and VelasPad, for financing its growth plans, wherein the investors can claim ADAL coins at an exclusive price.
Also Read: Know all about ICON (ICX) crypto and its advantages
It is pointed out that once the token is listed, it will commence trading in major crypto exchanges across the world and will be accessible to the wider market of retail investors.
Bottom Line
Owing to its unique features and scalability functions, ADALend is gearing up to make its mark in the DeFi lending space.
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