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NewsBTC 2021-11-12 12:42:00

ADA Finance Builds The First DeFi Ecosystem On Cardano With Affiliate Incentives

The decentralized finance (DeFi) community has long awaited the arrival of heavy duty DeFi protocols on Cardano. With the Alonzo hard fork, Cardano is making progress to release smart contract deployment on its blockchain, and the stage has been set for revolutionary new financial services to build on the network. Over its short history, DeFi has expanded into a behemoth community with a total value locked (TVL) that stands at around $275 billion today. However impressive these numbers may seem, the total AUM of traditional finance (TradFi) still looms large over DeFi, and for many this represents an exponential room for DeFi’s growth. DeFi represents a people powered financial community that is built for the community to benefit the community. In the spirit of building a greater DeFi community, ADA Finance has introduced an affiliate rewards program that incentivizes users to refer their friends and family to the protocol and earn an increased share of passive income for helping build its user base. ADA Finance Builds Momentum on Awards Nomination ADA Finance was recently nominated “Best DeFi Project of the Year” by the AIBC Summit, potentially the largest blockchain summit in Europe. The prestigious nod places ADA Finance in the running with five other projects noted for their outstanding work towards making DeFi the next big disruption in industry, and awards will be decided on November 16th. The AIBC Summit has opened voti...

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