Ardana (DANA)
1. Fundamental Analysis
1.1 Introduce
Ardana is Cardano’s stablecoin hub, bringing the necessary DeFi primitives needed to bootstrap & maintain any economy to Cardano. Ardana offers an on-chain asset-backed stablecoin and a decentralized stable-asset DEX. The stablecoin is verifiably backed by an excess of on-chain collateral and will enable borrowers to take leverage on their ADA or other supported assets. The DEX is a highly capital efficient exchange enabling swaps with minimal slippage & fees while providing low-risk yield opportunities to liquidity providers.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DANA | Market Cap | 76269.4812 |
| Name | Ardana | White Paper | -- |
| Web Site | https://ardana.org | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://cardanoscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 125000000 | |
| Supply | 125000000 | Release Date | |
| Available Supply | 46906200 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Market appears to be in a consolidation phase with a downward trend. Possible bearish continuation.
