A Call to Action: ADA Finance - DeFi Project of the Year Nomination
The AIBC Awards are here! AIBC Europe nominated ADA Finance for the DeFi Project of the Year award. In the past, Ecosystems like Maker took home that price. The award recognizes the project that makes DeFi more user-friendly while maximizing earning potential. That is what ADA Finance is all about. Here is a key reason for you to vote for ADA Finance this go around: Innovate DeFi pioneers of the Cardano blockchain, with Cross-Dual-Chain development on Avalanche; we make things simple, provide incentives, and deliver transparent passive earning opportunities.
How do we do it? We are tackling the all-too-common problems in the DeFi industry like token utility is often lacking. The ADAFI Token (ADAFI) has 4 utilities: activate referral program, access to ADAFi Launchpad’s private sale lotteries, claiming ADAFi DAO title, and payment of lending interest. There are 195 million ADAFI tokens, 38.5 million of which are for sale.
Historically, the industry offers little to no incentives for investors to introduce peers into DeFi and enjoy passive income. ADA Finance introduces the first decentralized referral program in the industry. Network incentives are provided to affiliates for the activity of their referrals and receive a commission of their milestone rewards. Because we value long-term engagements with users, we have a progressive staking reward model. Staking fees go to users within our ecosystem that actively participate in the growth of the ADAFi Ecosystem.
Traditional finance entities have had to defend allegations of market manipulation. It’s nothing new. However, we cannot and will not accept the status quo. We use a decentralized price feed to combat manipulated liquidation events. We have partnered with Charli3, which enables us to create and preserve a genuine decentralized model on the Cardano Blockchain.
Our roadmap puts us at the forefront, with tools and services to be fully realized such as ADAFi Swap, ADAFi Launchpad, Farming Pools, Staking Pools, Lending, Margin Trading, and a DAO Program. We will obtain our vision by focusing on platform growth, incentivizing user activity, and providing transparency.
ADA Finance go-to-market
ADA Finance is preparing the marketing sprint that leads up to the IDO, scheduled in December. Over the next few weeks, we are revealing our partners and releasing numerous blog posts about our development progress, Business Development progress, and news for the public sale and listing!