Aada

Aada

Created using Figma
A lending and borrowing protocol built on the Cardano blockchain
Data is not available
To be announced
Token Details
Ticker
AADA
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Platform

About Aada

Borrowers and lenders lock their loans and deposits into NFT-Bonds redeemable by anyone who provides the underlying NFT and fulfills the loan conditions. The following feature unveils an entirely new financial instrument users can transfer, sell or stake on DeFi platforms.

Borrower and Lender receive B and L tokens . These tokens are the only proof of loan, they are not attached to a wallet, meaning that they can be transferable or tradable. Beauty of these Aada NFT Bonds comes with its utility. The ones who owe Lender’s Bond, can redeem loan and interest after loan expires. With the Borrower’s Bond, you have to return the loan, pay interest and then you will receive collateral back.

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AADA

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